ICD Property, a Chinese-owned developer based in Australia, has won approval along with a local builder for a A$200 million ($146 million) project to redevelop the site of a social club in Sydney into a 48-storey tower, incorporating condominiums and… Read More>>
China to Loosen Hukou Rules in Smaller Cities to Lower Housing Inventories
China’s central government is taking aim at the country’s backlog of unsold homes, and intends to allow more of its rural citizens to move into the country’s smaller cities to help buy up unwanted housing there, according to official media… Read More>>
Anbang Invests $1B in Sino-Ocean as Insurers Raise Stakes in Mainland Developers
China’s insurance giants have featured in news of overseas real estate acquisitions this year, but now appear to be raising their investments in the mainland’s property market as well.
During the past week Anbang Insurance, which became famous internationally for… Read More>>
Evergrande’s Stock Staggers 7% After Developer Buys $2.1B in Projects
Evergrande Real Estate saw its stock hammered for the second time in one month after the Guangzhou-based developer bought four residential projects in China’s second-tier cities last week for $2.1 billion.
Shares in Evergrande slid nearly seven percent on the… Read More>>
Florentia Village Breaks Ground for Fourth China Outlet Mall in Chengdu
Bargains on high-end brands will be headed to Sichuan next year as a European investment consortium has broken ground for a $110 million outlet mall in the provincial capital of Chengdu.
The ground-breaking last month was a formal recognition of… Read More>>
Tokyo is Tops While Shanghai Slides Among Asia Investment Targets
Tokyo topped a list of favored destinations in the Asia Pacific region among real estate investors, as sentiment toward mainland Chinese cities continued to suffer from fears of an economic slowdown and rising prices, according to a survey released this… Read More>>
Hong Kong Still Home to World’s Most Expensive Office Space
Hong Kong may have just experienced a year of street protests and falling retail sales, but the city has clung to its title as the world’s most expensive place to rent an office, according to a recent survey by property… Read More>>
Chinese Insurers Expected to Make $73B in Cross-Border Real Estate Deals
Insurance companies from mainland China can be expected to sharply increase their overseas acquisitions of real estate in the next few years, with these cross border property deals expected to total $73 billion by 2019, according to a report issued… Read More>>
Mingtiandi to Present at Juwai Developer Summit in Shanghai on Dec 3rd
China-based international property portal Juwai will be hosting its first-ever conference for international developers marketing to Chinese homebuyers next week, as the platform for mainland home buyers and international developers continues to expand its market.
The three-day event will be… Read More>>
Tom Gaffney Joins CBRE as Head of Hong Kong, Taiwan and Macau
Real estate agency CBRE today announced that Tom Gaffney has been appointed as Managing Director for its Hong Kong, Macau and Taiwan offices, and will assume his new role as of the end of March 2016.
Gaffney comes to CBRE… Read More>>
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