Mingtiandi

Asia real estate and outbound investment news

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
Sign Up / Login Logout

Lost your password?
Register
Forgotten Password
Cancel

Register For This Site

A password will be e-mailed to you.

  • Capital Markets
  • Events
    • Mingtiandi 2023 Event Calendar
    • Mingtiandi APAC Residential Forum 2023
    • Mingtiandi Asia Logistics Forum 2023
    • Mingtiandi Hong Kong Focus Forum 2023
    • Mingtiandi APAC Data Centre Forum 2023
    • Mingtiandi Asia Office Strategies Forum 2023
    • Mingtiandi Singapore Focus Forum 2023
    • More Events
  • MTD TV
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail
  • Research & Policy
  • Advertise

China Property Loans Grow 24% in 2016 and More Asia Real Estate Headlines

2016/07/24 by Michael Cole Leave a Comment

China property loans

China’s property sector recovered in 2016 following a surge in credit

Rising land costs, combined with a return in investor confidence lead to a 24 percent jump in loans to China’s property sector during the first six months of the year. Overseas, however, the mainland’s principal sovereign wealth fund suffered a setback, losing nearly 3 percent on its portfolio in 2015, while down in Singapore, a sliding housing market may have bottomed out. Read on for all these stories and more.

China Property Loans Grow 24% in 2016

Loans to the real estate sector grew fast as the property sector continued to recover, data from the central bank showed Thursday.

By the end of June, financial institutions in China had lent 23.94 trillion yuan (3.6 trillion U.S. dollars) to the property sector, up 24 percent year on year, according to a report from the People’s Bank of China. Read more>>

China’s Sovereign Wealth Fund Suffered -2.96 % Return in 2016

China’s sovereign wealth fund China Investment Corp (CIC) reported a negative 2.96 percent return on its overseas portfolio last year, the worst since 2011, the fund said on Friday.

Sluggish global economic recovery, big fluctuations in the global financial market and increasingly fierce competition in the investment industry made 2015 “a challenging year” for the fund, said Ding Xuedong, chairman and CEO of CIC. Read more>>

SG Home Prices Seen Reaching Bottom

Early signs of a bottoming-out in the private residential market surfaced in official quarterly data on Friday, indicating that the declines in the prices of private non-landed homes have eased, and HDB resale prices stayed flat in the second quarter.

A rebound in resale transactions may also be setting the stage for prices to stabilise, market watchers say. But a convincing price recovery is unlikely to take place yet, given pockets of weakness in the market. Read more>>

CapitaLand Mall Trust to Invest $412M in SG Project

A new S$560 million ($412 million) integrated development designed as a “lifestyle destination” will take shape in three years at the site of Funan DigitaLife Mall, which shut its doors on July 1.

The mixed-use complex will comprise two office towers, serviced residences and retail stores to complement the revitalised Civic and Cultural District, its owner CapitaLand Mall Trust (CMT) said yesterday. Read more>>

Tune in again tomorrow for more news, and be sure to follow @Mingtiandi on Twitter for headlines as they happen.

Share this now

  • LinkedIn
  • Share
  • Tweet
  • Email

Filed Under: crelist Tagged With: CapitaLand Integrated Commercial Trust (CICT), China Investment Corporation, CIC

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Mingtiandi Delivered

MTD TV

MTD TV
APAC Logistics to Get Another $200B in Investment Says JLL: MTD TV
GLP, ESR and C&W on How E-Commerce Shapes China’s Warehouse Market: MTD TV

More MTD TV Videos>>

People in the News

Jonathan Yap CapitaLand
Jonathan Yap Named CapitaLand Development CEO as Leow Retires Early
Grace Woo Chia-ching, executive director of CK Asset (Getty Images)
Asia Real Estate People in the News 2023-03-20
Eugene Kohn KPF
Asia Real Estate People in the News 2023-03-13
Kunihiko Okumura LaSalle
LaSalle Promotes Nick Okumura to Japan CEO, Appoints Itaru Nogami to Manage Fund

More Industry Professionals>>

People in the News

Jonathan Yap Named CapitaLand Development CEO as Leow Retires Early

Jonathan Yap CapitaLand

Singapore property giant CapitaLand on Thursday announced the upcoming retirement of CapitaLand Development CEO Jason … Read More>>

Asia Real Estate People in the News 2023-03-20

Grace Woo Chia-ching, executive director of CK Asset (Getty Images)

Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with … Read More>>

Asia Real Estate People in the News 2023-03-13

Eugene Kohn KPF

The passing of a global architecture giant leads this week’s round of personnel updates on Mingtiandi, as KPF mourns the … Read More>>

LaSalle Promotes Nick Okumura to Japan CEO, Appoints Itaru Nogami to Manage Fund

Kunihiko Okumura LaSalle

LaSalle Investment Management on Wednesday announced the promotion of Kunihiko (Nick) Okumura to succeed Keith Fujii as … Read More>>

More Industry Professionals>>

Latest Stories

Repulse Bay 1
Wheelock Boss Splashes $7.6M for HK Condo and More Asia Real Estate Headlines
Jonathan Yap CapitaLand
Jonathan Yap Named CapitaLand Development CEO as Leow Retires Early
TE Capital's Solitaire on Cecil
Pair of Floors Sold as TE Capital, LaSalle Launch Cecil Street Office Tower in Singapore

Sponsored Features

TE Capital's Solitaire on Cecil
Pair of Floors Sold as TE Capital, LaSalle Launch Cecil Street Office Tower in Singapore
What Do Real Estate Investors Really Want?
Douglas Wu of Fairland
Fairland Creates Spark City Lifestyle Hub to Energise Hong Kong’s Cheung Sha Wan

More Sponsored Features>>

Connect with Mingtiandi

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Real Estate News

  • Capital Markets
  • 2022 Event Calendar
  • MTD TV Archives
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail

More Mingtiandi

  • About Mingtiandi
  • Contact Mingtiandi
  • Mingtiandi Membership
  • Newsletter Subscription
  • Advertise
  • Terms of Use
  • Privacy
  • Join the Mingtiandi Team


© 2007-2023 China Advertising Media Ltd (Samoa). All rights reserved.

  • This field is for validation purposes and should be left unchanged.