The saga of Trophy Property Development Fund, once the pride of one of China’s hottest fund managers, continued to unfold last week as 31 out of the $1 billion fund’s 145 limited partners unloaded their holdings to Partners Group.
The… Read More>>
Shanghai’s Top Ten Shopping Destinations Revealed
Shopping at some of Shanghai’s largest malls increased 5.7 percent during June, as an industry survey ranked the city’s top ten shopping centres and department stores for the month.
The report also showed that some new shopping centres, such as… Read More>>
Morgan Stanley China Economist Says Real Estate to Drop 20% or Less
Morgan Stanley’s leading analyst of China’s economy sounded a reassuring note about the country’s real estate market today, by telling investors that changes in government policy will keep the troubled sector from falling more than 20 percent this year.
Helen… Read More>>
Moody’s Says China’s Real Estate Downturn to Be Manageable
Credit rating agency Moody’s this week predicted that, even if China’s troubled real estate sector should take a turn for the worse, that the impact on the country’s broader economy should remain manageable.
“Our scenario analysis suggests that a deeper… Read More>>
Zhou Yongkang Felled for Corruption Amid Questionable Real Estate Deals
China’s Xi government took down the biggest trophy to date in its campaign against corruption, and the fall of former politburo member Zhou Yongkang can be attributed in part to a pattern of using political influence to win lucrative business… Read More>>
China Home Sales Jump in Cities Lifting Purchase Restrictions
The first two cities in China to repeal home purchase restrictions on a sweeping basis have seen a surge in sales according to data from E-House and local government sources.
Hohhot, which cancelled all home purchase restrictions during the last… Read More>>
Hukou Reform to Bring 100M People into China’s Cities
China’s urbanisation drive took another step forward today when the country’s cabinet issued a hukou reform law aimed at bringing another 100 million people into the country’s cities.
The law, which was first approved in March, was finally issued today… Read More>>
London Biggest Draw as China’s Outbound Real Estate Investment Jumps 17%
China’s outbound investment in real estate jumped 17 percent during the first half of 2014, with London receiving more than $2.3 billion in capital inflows according to a statement today from an international property consultancy.
Overall Chinese outbound investment in… Read More>>
Knight Frank Appoints New Marketing Manager in Shanghai
Knight Frank today announced a new marketing leader for its team in Shanghai as the international property consultancy continues to expand its presence in mainland China.
According to a statement from the company today, Casey Jiang has joined Knight Frank… Read More>>
China Land Sales Slip 7.7% in 2014 on Housing Slowdown
Land sales in China dropped 7.7 percent during the first half of 2014 as the slowdown in housing sales helped trigger a decrease in the amount of land sold to build new projects.
According to a recent report from the… Read More>>
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