Asia Pacific real estate investment news and information
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>>
Developer Guangzhou R&F Properties continued its overseas expansion this week when it acquired a site in San Jose, California for a $250 million residential project. The move is a continuation of an overseas expansion by China’s cashed-up real estate developers,… Read More>>
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>>
Real estate service provider Cushman & Wakefield continues to expand their management team in mainland China, and this week named Billy Lo as General Manager of the company’s Beijing office.
Lo will head the US-based company’s Beijing business after previously… Read More>>
This week Fosun takes on some leadership for its new logistics investment division, Dalian Wanda brings on board more international talent, and US mall developer Taubman builds up its leasing team in Shanghai. Read on for more faces in new… Read More>>
Hong Kong-listed Fantasia Holdings became the first mainland developer to cut its sales target this year after it announced late last week that it had suffered a 68 percent fall in profits during the first half of 2014.
The Shenzhen-based… Read More>>
As China pushes forward with president Xi Jinping’s anti-corruption drive, the government seems to be paying increasing attention to the country’s real estate market.
In the last four days, three significant steps have been taken to clamp down on corruption… Read More>>
Same store sales at China’s largest hypermarket chain will fail to grow in 2014, and the owners of the RT-Mart stores blame it on the country’s slowing economy. The announcement from Sun Art Retail Group on August 14th hints that China’s… Read More>>
Housing sales in China dropped 10.5 percent during the period from January to July this year as buyers continue to wait for further price decreases and banks appear to be pulling back sharply on credit.
According to figures released by… Read More>>
Real estate services agency Cushman & Wakefield continued to expand its China team this week with announcements of new leadership for its research department in Shenzhen and Guangzhou.
The US-based consultancy said in a statement that Cary Sheih has joined… Read More>>
