Asia real estate and outbound investment news
Struggling China real estate developer Agile Property took a serious tumble last week when it announced the cancellation of an upcoming rights issue and the detention of Chairman Chen Zhuolin by government authorities.
Mr Chen was said to be confined… Read More>>
Real estate developer Agile Property Holdings tumbled more than 7.2 percent on the Hong Kong stock exchange today after it became the third China property firm in 30 days to declare a rights issue.
Guangzhou-based Agile is following hometown competitors… Read More>>
Reports of a bubble in China’s real estate industry are on the rise this week as developers in Hangzhou and Changzhou have begun discounting homes to improve cashflow.
Discounts of as much as 36 percent for two projects in prosperous… Read More>>
China’s largest property developers have built a war chest of more than US$25 billion in cash through bond sales and loans, in a sign that competition for land – and among China’s property companies – is heating up.
Firms including… Read More>>
As China’s property market continues to rebound, more of the country’s developers are heading overseas for cash, as domestic credit controls remain tight and demand for land soars.
Since January 1st, several of the country’s biggest real estate firms, including… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
Hong Kong police have arrested the chairman of one of China’s largest property… Read More>>
