Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or found out they weren’t getting that big bonus and took off to work for some local developer who has real… Read More>>
Li Ka-shing’s Son Richard to Sell Beijing Property for $900M
The real estate arm of Richard Li’s PCCW announced this week that it is close to selling a Beijing office building for a price put by sources close to the deal at US$900 million, as the Hong Kong princeling follows his father’s lead in selling off China property assets.
The move by Hong Kong based Pacific Century Premium Developments Ltd (PCPD), follows soon after the younger Li’s father, Li Ka-shing sold the Nanjing IFC in eastern China’s Jiangsu province on January 1st
Cities Unable to Meet Housing Price Control Targets Say Experts
It’s virtually impossible for major Chinese cities to meet their housing price control target set for 2013, experts say.
The prices of newly built housing in the four first-tier cities, namely Beijing, Shanghai, Shenzhen and Guangzhou, kept a 20 percent growth rate from September to November, according to statistics published by National Bureau of Statistics.
Zaha Hadid-Designed SOHO Wangjing Nears Completion in Beijing
The most radically designed project of China’s most flamboyant real estate developer is largely finished, and the Wangjing area of Beijing’s Chaoyang district will soon feature 3 hump-shaped towers that have been likened to Chinese fans, or ship’s sails.
Wangjing SOHO was designed by Iraqi architect Zaha Hadid, and consists of three curved towers reaching as high as 200 metres.
Booming Tech Firms Redrawing China’s Office Map
China’s tech industry has been growing at double-digit rates for many years now, and the expansion of the country’s technology giants has started to have an impact on the office real estate market.
Examining the effect of the industry on Beijing’s Zhongguancun, a centre for high-tech firms, the Wall Street Journal finds that,
China Real Estate Mogul’s Tax Evasion ‘Excuses’ Rejected – Today’s China Real Estate Links | November 27, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Property mogul Ren Zhiqiang’s rebuttal of a China Central Television (CCTV) report… Read More>>
High Rents Drive Beijing Resident to Tent Life
With housing prices jumping 16 percent in Beijing last month, and rentals on the way up as well, one Chinese woman has had to cut her housing costs by living in a rooftop yurt.
The yurt is a tent home… Read More>>
August Home Prices Jump 15% in China First Tier Cities – and more of Today’s China Real Estate Links | September 19, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Property prices spiked dramatically last month in China, raising the… Read More>>
Stock Fears Seen Driving China Real Estate Prices – and more of Today’s China Real Estate Links | September 18, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Matthew Zhou and his wife spent 1.6 million yuan ($261,000) to buy… Read More>>
Sunac-Greentown Pays RMB 507.4 Mil for Stake in Shanghai Project
During a week that saw records set for land prices in Shanghai and Beijing, a joint-venture between Sunac Holdings and Greentown China paid RMB 507.4 million to buy a minority stake in a project in Shanghai’s Putuo district.
According to… Read More>>
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