JPMorgan China Clients Seeking Financing Abroad Rises to Record — and more of today’s China Real Estate Links | March 5, 2012

Here is a list of the day’s latest China real estate news collected from around the web:

• JPMorgan China Clients Seeking Financing Abroad Rises to Record

  JPMorgan Chase & Co.’s (JPM) pipeline of clients from China seeking financing overseas has doubled from a year ago to a record, led by developers seeking funds, said the head of its China investment banking business.

• China state banks to boost property loans

  China’s big four state-backed banks will lend more to qualified property developers to boost entry level housing supply, a statement in the central bank’s newspaper on Friday said, a signal that they are ready to ratchet up real estate lending.

• Treasury’s Shanghai mall project to cost extra €20m

  DEVELOPERS Johnny Ronan and Richard Barrett’s landmark construction project in Shanghai will be delayed for months and cost an extra €20m to build after authorities tightened building regulations following a tower block fire that killed 58 people in the Chinese city.

• Subsidized apartments as China GDP’s savior

  In the shadow of China’s economic slowdown, hopes are running high that a government push for affordable housing construction will stimulate investment growth.

• China’s February Home Prices Fall Most in 19 Months on Curbs, SouFun Says

  China’s February home prices posted the biggest decline in 19 months as the government pledged to maintain curbs on property, according to SouFun Holdings Ltd. (SFUN), the nation’s biggest real-estate website owner.

• More property price cuts expected

  Continued policy tightening, sagging sales and a looming cash flow crisis are likely to push Chinese property developers to slash their prices further. Earlier this month, Poly Real Estate, the country’s second-largest developer by market value, lowered prices for one of its projects in Shanghai by 2,000 yuan ($317.56) per square meter.

• Simon Property Group and Bailian Group to Build Mall Near China Disney

  Simon Property Group, Inc. and Bailian Group, the largest retail conglomerate in China, announced today they had signed a memorandum of understanding (MOU) to jointly develop a mall near the China Disney resort in Pudong, Shanghai, China.

This list is updated daily, so tune in again tomorrow for more up to date information, or subscribe to our daily email news digest to get this delivered to your mailbox.

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