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David Cui of Bank of America Merrill Lynch

Bank of America Merrill Lynch Sees Risk of China Becoming Japan

2014/09/11 by Michael Cole Leave a Comment

Distortions in China’s housing market, along with other factors, may lead China into an extended period of asset deflation similar to Japan’s, according to a report released this week by Bank of America Merrill Lynch.

The report, “Will China Repeat… Read More>>

Jack Ma Alibaba

Century 21 Real Estate Now Selling Houses on Alibaba’s Taobao

2014/09/11 by Michael Cole Leave a Comment

Just in case Alibaba’s Jack Ma needed another win before his ecommerce giant launches its IPO next week, one of China’s biggest real estate agencies announced this week that it has begun selling houses on his group’s Taobao B2C platform.

… Read More>>

225 Bush Street in San Francisco

Ministry of Commerce Opens Gates for More Outbound Investment

2014/09/11 by Michael Cole Leave a Comment

Owners of big buildings around the world should send China’s Ministry of Commerce a thank you note today, after the regulatory body announced that most overseas investments by Chinese companies would no longer need the ministry’s approval.

The decision by… Read More>>

Shimao International Plaza Shanghai

Shimao Property Chasing $914M Sydney Housing Project

2014/09/10 by Michael Cole Leave a Comment

Shimao Property, one of China’s largest real estate developers, is reportedly in the advanced stages of acquiring an office block in downtown Sydney, Australia for development of a new residential project valued at A$1 billion ($914 million).

The acquisition, which… Read More>>

Xining Qinghai

Capital of Qinghai Latest Chinese City to Lift Home Purchase Restrictions

2014/09/10 by Michael Cole Leave a Comment

The city of Xining in northwestern China became the latest Chinese metropolis to abolish home purchase restrictions this week, as the country continues to struggle with a slowdown in the real estate market.

The capital city of sparsely populated Qinghai… Read More>>

Hang Lung’s Gerald Chan to Give $350M to Harvard

2014/09/09 by Michael Cole Leave a Comment

Gerald Chan of Hong Kong’s Hang Lung Properties became the biggest donor ever to Harvard University on Monday, when the Massachusetts-based institution announced that Chan would be making a $350 million gift to the university’s school of public health.

The… Read More>>

longcheng cultural centre

Work Starts on Mecanoo’s Shenzhen Cultural Centre

2014/09/09 by Michael Cole Leave a Comment

Ground was broken recently on a 95,000 square metre crimson cultural centre in Shenzhen designed by Dutch architecture firm Mecanoo and developed by the local government in team with China Vanke.

The Three Cultural Centers & One Book Mall… Read More>>

Ping An downpayment loan

China Allowing More Borrowing For Real Estate as Market Slides

2014/09/04 by Michael Cole Leave a Comment

Just days after two private surveys reported that China’s average home prices continued to fall in August for the fourth straight month, there are growing signs that the government is allowing more borrowing in an attempt to bail out the… Read More>>

Ben Cha UBS

Nick Loup Leaving Grosvenor as Ben Cha Prepares to Take APAC Helm

2014/09/04 by Michael Cole Leave a Comment

Real estate developer Grosvenor is changing the guard at its Asia operations as Nicholas Loup, CEO for Asia-Pacific at the London-based company is preparing to leave after 25 years with the group. Replacing Loup in the privately held company’s Hong… Read More>>

Xu Jiayin Evergrande

Evergrande Bites into China’s Food Business as Property Slows

2014/09/03 by Michael Cole Leave a Comment

Evergrande Group, one of China’s biggest real estate developers, launched three new agribusiness subsidiaries on Monday, as the slowdown in the country’s housing market sends property firms searching for new profit centres.

Evergrande’s new ventures into grain and vegetable oil,… Read More>>

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