In imperial China, no buildings were allowed to rise above the emperor’s throne, and it seems that even in the 21st century, going too high for a view of the city can land you in trouble with the authorities.
This is… Read More>>
Twin 1km Tall Wuhan Phoenix Towers are Latest Supertall Scheme
A matched pair of hyper-green, male and female, towers are set to stretch a full kilometre from the ground in the central Chinese city of Wuhan, if a local chemical company and some London architects succeed in a recent architectural… Read More>>
Goodman Signs 3 New Leases in China and Prices $400M Note
Australian real estate developer Goodman Group scored three new warehouse leases and a successful round of debt financing as the company continues to profit from Greater China’s rapidly growing logistics sector.
Last week the company’s Goodman Hong Kong Logistics Fund… Read More>>
New World China Privatisation Trips and Fails Over Cayman Law
New World Development’s plans to take its China subsidiary private failed this week when shareholders representing less than two-tenths of a percent of the company’s stock foiled the efforts of the company’s billionaire owner.
Although jewellry magnate Cheng Yu Tung’s… Read More>>
Logistics Investor Redwood Group Hires de Jong-Douglas as MD
Singapore-based logistics investment firm The Redwood Group recently expanded its senior management team by bringing on Dr. Michael de Jong-Douglas as the group’s new managing director. The hire comes as global and regional players place increased focus on opportunities for… Read More>>
Real Estate Prices Dropped in May as 5-Month Slide Continues
The average price of housing dropped in China last month for the first time in nearly two years, as tight credit and reluctant buyers continued to put pressure on the nation’s developers.
According to data released today by the National… Read More>>
Controversial China Steel Magnate Linked to $468M Paris Hotel Deal
A company linked to controversial China steel tycoon Du Shuanghua has agreed to buy an international hotel along Paris’ historic Champs-Elysee for 344.5 million euros ($468 million).
Hong Kong-listed Kai Yuan Holdings Ltd (1215), whose primary business is investment in… Read More>>
China Ranked 2nd Among Emerging Retail Markets in Survey
China came in second among the world’s emerging markets for retail growth potential according to a survey released this week.
In the 2014 A.T. Kearney Global Retail Development Index (GRDI) report that was released yesterday, only Chile bested the world’s… Read More>>
London Luxury Home Broker Helping Chinese Buy with Bitcoin
A real estate agent in London’s red hot housing market hopes to sell more homes to Chinese buyers by handling transactions in the Bitcoin virtual currency.
According to a report in the South China Morning Post, fledgling UK home brokerage… Read More>>
Slow Sales Bring Real Estate Investment Growth Down to 14.7%
China’s central government seems to be getting its wish as investment in the country’s real estate sector slowed in May due to slower sales and tightened credit. Now the challenge remains to encourage healthy economic growth in 2014 without the… Read More>>
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