China’s Developers to Face More Downgrades – and more of today’s China real estate links | March 9, 2012

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

• China’s Developers to Face More Downgrades on Refinancing Risks, S&P Says

  Chinese developers will probably to face more credit rating downgrades over the next six months as refinancing risks increase, according to Standard & Poor’s. The nation’s home prices may decline 10 percent by June from a year earlier, while sales volume is expected to be little changed or may even slip in 2012, S&P said. More developers, including the biggest real estate companies, are offering discounts, the credit rating company said.

• TCT gets Chinese equity investment management licence

  Treasury China Trust (TCT) has received permission from the Chinese authorities to establish an equity investment management business in Shanghai. Its trustee manager, Treasury Holdings Real Estate Pte Ltd said on Wednesday that TCT will be allowed to raise domestic renminbi capital in a private equity format for reinvestment across a multitude of investment classes.

• E-House Posts Loss In Q4

  E-House (China) Holdings Ltd. (EJ) reported fourth-quarter net loss attributable to shareholders of $27.87 million or $0.36 per share versus profit of $12.92 million or $0.16 per share a year ago.

• Retail property set to sparkle says Knight Frank

  THE rents and prices of retail property will rise by double digits this year in major Chinese cities due to rosy growth prospects in the country’s retail sector, according to a latest real estate industry report.

• Warren Buffett’s Dairy Queen Expands in China

  International Dairy Queen Inc., the ice-cream maker owned by Warren Buffett’s Berkshire Hathaway Inc. (BRK/A), plans to expand in China and Thailand to take advantage of opportunities in developing countries.

• Major Chinese developers’ February sales mostly higher

  Chinese developers are generally reporting strong sales for February after a dismal January, and are likely to see the momentum continue into March, analysts say, since Beijing toughened home-purchase restrictions in early 2011.

• Asia’s Downturn Leads Global Home Prices into 2012 Decline

  According to London-based Knight Frank real estate firm, the latest Knight Frank Global House Price Index (GHPI), which tracks the performance of mainstream house prices worldwide, rose by just 0.5% in 2011 and recorded a 0.3% fall in the final quarter of the year.

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.