Out of the world’s 20 real wealthiest real estate tycoons, 13 of them are Chinese, according to the latest Forbes Rich List which tracks the fortunes of the world’s wealthiest people.
Only six of the richest real estate 20 are… Read More>>
Greenland to Invest RMB 20 bil for Malaysia Projects Near Singapore
Shanghai-based developer Greenland Group, is planning to invest RMB 20 billion (US$3.3 billion) to develop a resort hotel and residential projects in southern Malaysia close to the border with Singapore, in the latest overseas move by one of China’s most… Read More>>
Country Garden Buys Sydney Site for US$65 Million
Chinese property developer, Country Garden added to the flood of Chinese investment headed overseas by purchasing a development site in Sydney for AU$73 million (US$65.76 million). The acquisition is Country’s Garden’s first in the Australian market.
The purchase of the… Read More>>
Real Estate Analysts Predict Problems for China Vanke
China Vanke once again topped the sales charts among real estate developers in China, however, analysts now warn that the Shenzhen-based firm needs to work harder at innovation if it is to maintain market leadership.
With revenues of 170.9 billion yuan in 2013, Vanke again led the field, followed by Greenland Group, Dalian Wanda Group, Poly Real Estate, China Overseas Land and Investment, Country Garden, and Evergrande Real Estate
Developer Evergrande 2013 Sales Hit RMB 100.4 Billion
China’s Evergrande Real Estate became the third of the country’s major developers to declare 2013 sales in excess of RMB 100 billion this week, when the Hong Kong-listed company announced revenues of RMB 100.4 billion.
The company, which last month announced plans for setting up joint venture hospitals in China with America’s Harvard University, is
Investment Bank Downgrades China’s Real Estate Developers Over Lack of Land
China’s real estate developers will struggle to maintain growth over the next few years as many of them run out of available stock to sell and competition for new sites erodes margins and limits opportunities for expansion according to a… Read More>>
Guangzhou R&F Properties Acquires Malaysia Sites for US$1.4 Bil
Developer Guangzhou R&F Properties has joined the rush of Chinese real estate firms headed overseas by spending RM4.5 billion (US$1.4 billion) to acquire six sites in the southern Malaysian state of Johor Bahru.
The transaction was announced in a statement… Read More>>
Shui On Land Revenues Up 239 Percent as China Developers Surge
Following some policy-induced tough times during 2012, China’s major real estate developers are outpacing their sales targets so far in 2013, with overall revenue growth approaching 30 percent for the year.
Big industry names such as China Vanke, Country Garden… Read More>>
China Resources Accused of Theft and Fraud in Hainan Real Estate Deal – and more of Today’s China Real Estate Links | August 7, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
A subsidiary of China Resources Group, the Hong… Read More>>
Economists See Further Slowdown in China – and more of Today’s China Real Estate Links | July 9, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
China’s economic growth likely slowed for the second consecutive quarter, according to economists’ second-quarter… Read More>>