China’s real estate downturn may turn out to be good news for Carlyle Group as the private equity firm is said to be in advanced talks with China Vanke to buy into the developer’s shopping mall assets.
According to a… Read More>>
Vantone’s Feng Lun Says Innovation Key to Surviving Saturated Market
One of China’s pioneer private real estate developers has some advice on how his friends and competitors can survive the current downturn in the sector, and it starts with innovation.
Speaking at a real estate finance event in Beijing last… Read More>>
Poly Property Says Profits Fall 42% as Finance Costs Rise
Caught between rising financing costs and slowing sales, Poly Property announced today that its profits for the first half of 2014 had fallen by 42.2 percent compared to the same period last year. China’s second-largest developer by sales, the state-backed… Read More>>
Vanke Selling More Homes Thanks to Price Cuts
China’s biggest developer has sold more homes than ever in 2014, but is seeing profit growth compressed by the nation’s housing slump and discounting, according to results released this week by China Vanke.
The Shenzhen-based real estate company declared its… Read More>>
3 Developers Report Rising Profits Despite Sales Challenges
Despite falling home prices and credit challenges three China real estate developers this week reported jumps in profit reaching 63 percent in the first half of 2014.
Country Garden Holdings, China Resources Land and Franshion Properties all reported their first… Read More>>
China Housing Prices Fall in 55 Out of 70 Cities
China’s housing market is now sliding nationwide, as government statistics released on Friday show falling home prices have spread to 55 of 70 cities surveyed. The drop in housing sales and average prices comes as developers struggle with a glut… Read More>>
SOHO China Owners Give $15M for Harvard Scholarships
China’s real estate elite continued to build bridges with the US this week when Zhang Xin and Pan Shiyi – the flamboyant couple behind developer SOHO China – announced a $15 million gift to Harvard University.
The pair of property entrepreneurs donated… Read More>>
Evergrande June Sales Reach New Record of RMB 13.1B
Evergrande Real Estate Group (HKG:3333) announced this week that it had set a new record for sales revenue in June, reaching RMB 13.1 billion. The strong sales by the top five Chinese developer appears to demonstrate the growing split between… Read More>>
China Vanke June Sales Up 44% to RMB 19.4B
Although China’s real estate market is having a rough year, China Vanke, the country’s biggest developer, just declared a 44 percent increase in contracted sales.
According to an announcement from the company on Friday, the newly Hong Kong listed real… Read More>>
Vanke and Baidu Team Up to Build “Intelligent” Malls
With the easy profits of China’s housing boom dwindling into memory, the country’s biggest homebuilder by sales is turning to the already crowded retail real estate sector for profits.
However, China Vanke seems to have learned some lessons from competing… Read More>>
- « Previous Page
- 1
- …
- 35
- 36
- 37
- 38
- 39
- …
- 52
- Next Page »