Authorities in Shanghai have suspended mortgage business for banks and real estate agencies granting downpayment loans, while down in Hong Kong developers are turning to commercial as the residential market continues to slide. Meanwhile, the Chinese government hopes that farmers… Read More>>
Vanke’s $116M Manhattan Acquisition Now Centre of NYC Investigation
In the last week of February, China Vanke announced its latest victory in a quest to expand in the US market, the $116 million purchase of a vacant nursing home in Manhattan for conversion into 100 luxury condominiums.
However, February’s… Read More>>
NYC Investigating Vanke’s Manhattan Property Deal and More China Real Estate Headlines
New York authorities want a closer look at how the title was changed for a Chinese-invested project in Manhattan, and Hong Kong’s Henderson Land denies rumours that it’s selling off a portfolio of properties. Plus, a mainland developer sees its… Read More>>
China Vanke Profits Rose to Record RMB17.6B and More China Real Estate Headlines 2016-03-15
China’s largest developer scored its biggest profits ever in 2015, but still fell short of analyst expectations. Meanwhile local competition for WeWork readies for the US coworking giant’s market entry with a fresh round of venture capital. Read on for… Read More>>
Greater China Real Estate People in the News 2016-03-07
There were too many new faces in new places this week to fit into this column, so the news about a regional real estate downturn doesn’t seem to have put a lid on new job opportunities in Greater China. This… Read More>>
Evergrande Invests $500M in Mainland Bank and More China Real Estate Headlines 2016-03-01
China’s most indebted developer continues its expansion campaign by taking a stake in a Shenyang bank, while mainland developers buy up new projects in Brooklyn and Sydney as profits back home take a beating. Read on for all these stories… Read More>>
Shenzhen, Shanghai Home Prices Continue Climb and More China Real Estate Headlines 2016-02-28
China’s housing recovery continues to reflect the broader economy, as first tier cities offering white collar jobs see home prices soar, while smaller communities continue to search for a way forward amidst a slumping manufacturing sector. Also, the world’s biggest… Read More>>
Five Bidders Compete for $129Mil HK Home and More China Real Estate Headlines 2016-02-21
Hong Kong may be in the middle of a real estate slump but that doesn’t seem to have dampened the enthusiasm of some investors as five parties compete for a HK$1 billion luxury home and a luxury brand looks to… Read More>>
Record Demand Drives Shanghai Office Boom and More China Real Estate Headlines 2016-01-16
Despite evidence of an economic downturn in China, demand for Shanghai office space continues to climb this year. Meanwhile down in Hong Kong, home prices continue to slide while the city’s developers find themselves increasingly unable to compete on the… Read More>>
Wanda Announces $3.5B Deal for Legendary and More China Real Estate Headlines 2016-01-12
Wang Jianlin’s Wanda buys the production company behind Jurassic World and the Dark Knight for $3.5 billion, plus, following a string of daring acquisitions, Evergrande Real Estate decides on some bold borrowing, while Vanke shares start to give back some… Read More>>
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