China Vanke posts 33 pct jump in Oct sales – and more of Today’s China Real Estate Links | November 7, 2012

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

• Chinese real estate developer Vanke posts 33 pct jump in Oct sales
  

  China Vanke Co Ltd, the country’s largest real estate developer by sales, said sales jumped 33 percent in October from a year earlier to 13.7 billion yuan ($2.14 billion) after rolling out seven new projects.

  For the first 10 months, sales rose 2.4 percent to 110.02 billion yuan, Vanke said in a statement to the Shenzhen stock exchange on Tuesday.

• Thomson Reuters China Real Estate Index Looks Ready to Recover

  Created specifically to be tracked by ETFs looking to offer investors exposure to real estate markets globally, the Thomson Reuters/Global Property Research (TR/GPR) indices aim to provide a more investable and tradable solution than currently available elsewhere.

• Pan Shiyi Joins Vanke’s Boss in the Gossip Columns

  First, China Vanke Co Ltd founder and chairman Wang Shi is rumoured to have divorced his wife Wang Jianghui for young actress Tian Pujun. The 61-year-old billionaire and Tian who is almost half his age were even said to have a child together.

  Then, Soho China chairman Pan Shiyi was dragged into media attention when someone posted on Weibo (Chinese microblog equivalent to Twitter) that Pan and a woman had a seven-year-old daughter out of wedlock.

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.