Here is a list of the day’s latest China real estate news collected from around the web:
- Hang Lung Launches Forum 66 in Shenyang
Hang Lung Properties launched a massive new development in Shenyang, comprising a high-end shopping center, office towers, hotel and serviced apartments on Sept 28.
Covering more than 1 million square meters of floor area, Forum 66 is the Hong Kong property developer’s second landmark development in the Shenyang city center after Palace 66 and its largest project under construction. - Tallying The Bumps For Chinese Property Billionaires
With notable exceptions like Wang Jianlin, big property developers in China have had a rough year as the government has moved to curb speculation.
Among the 16 property billionaires who made it to Forbes’ list of China’s 100 Richest, eight have recorded a decrease in their fortunes in the past year, a combined $3.87 billion drop, or 16%.
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