Here is a list of the day’s latest China real estate news collected from around the web:
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China to End Funding Freeze for Real Estate Projects
China’s securities watchdog has called for more information on property-related financing proposals, in the first sign that regulators are considering an end to a three-year freeze on local capital raisings in the real-estate sector.
The China Securities Regulatory Commission has asked the Shanghai and Shenzhen stock exchanges to collect more information on the property-related funding plans of listed companies, according to a September 4 document that IFR obtained.
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Clearer Rules Recommended for Real Estate Private Equity Firms in China
As China urbanizes, more domestic private equity real estate funds have emerged, but the absence of strong institutional investors and the lack of a regulatory framework pose challenges to their development, the Zero2IPO Group and China Minsheng Banking Co said in a report on Friday.
As of the end of 2012, the nation’s urban population was 711.8 million, accounting for 52.6 percent of the population – 1.3 percentage points higher than in 2011, government figures show.
As of that point, there were 141 Chinese PE real estate fund management companies, along with 31 foreign ones and six joint ventures. -
CapitaLand Hope Foundation sets up fund for underprivileged children in China
CapitaLand Hope Foundation, the philanthropic arm of property developer CapitaLand, has set aside $735,000 to set up a special fund for underprivileged children in China.
The donation is part of a longer-term partnership with China Foundation for Poverty Alleviation, the largest accredited charity foundation for reducing poverty in China.
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