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Star Mall Shenyang Plaza

Shenyang to Welcome New 325k Sqm Mall on May 24th

2014/05/20 by Michael Cole Leave a Comment

The $300 million Star Mall Shenyang Plaza is due to hold its grand opening in northeastern China on the 24th of this month, illustrating continued investor faith in the future of China’s retail sector.

The 325,000 square metre shopping centre… Read More>>

Greentown China Song Weiping

Greentown Selling Shares to Sunac Amid Market Slowdown

2014/05/19 by Michael Cole Leave a Comment

While China’s real estate market slump has meant trouble for some investors, many companies continue to see it as an opportunity to shop for deals that might never be available in a bull market.

Tianjin-based developer Sunac is taking advantage of… Read More>>

RMB 39K Per Sqm Deal Shows Ongoing Appeal of Shanghai Land

2014/05/19 by Michael Cole Leave a Comment

Despite sliding real estate prices in recent months and widespread reports of a property bubble, several of the country’s real estate developers showed their ongoing optimism on Friday by bidding up the price of a land plot in Shanghai.

State-owned Poly… Read More>>

China land sales drop

Land Buys From Top Developers Down 78 Percent in 2014

2014/05/15 by Michael Cole 1 Comment

In the past few weeks three Chinese cities have found ways to loosen restrictions on home sales and the force behind this trend can be found by tracking land purchases by the country’s top real estate developers.

Since China’s home… Read More>>

Pat McGillycuddy of Gazeley

Gazeley Announces 77,000 Sqm Logistics Project in Wuxi

2014/05/15 by Michael Cole Leave a Comment

Logistics real estate developer Gazeley recently announced plans to set up a new 77,000 square metre distribution centre in the city of Wuxi in China’s Jiangsu province as the country’s retail boom continues to fuel demand for logistics space.

According… Read More>>

Thomas Lam Knight Frank

Knight Frank Appoints New Head of Valuation and Consultancy

2014/05/15 by Michael Cole Leave a Comment

Real estate services company Knight Frank recently announced the appointment of Thomas Lam to the position of Senior Director, Head of Valuation & Consultancy, as part of the company’s expansion of its valuation & consultancy division. Lam, who previously headed… Read More>>

Value Retail's Suzhou Village

Mainland Shopping Goes Suburban as Outlet Malls Open

2014/05/15 by Michael Cole Leave a Comment

While strolling through Plaza 66 on a Saturday may still look sexy, China’s label-conscious consumers are rapidly discovering one of the staples of suburban America – the outlet mall.

According to a statement from London-based outlet mall developer Value Retail,… Read More>>

China mortgage policy

China’s Central Bank Tries to Spur Mortgage Lending

2014/05/14 by Michael Cole Leave a Comment

After months of trying to cool down the housing market, China’s government has begun to take steps to revive flagging home sales that have begun to threaten overall economic growth.

On Monday the People’s Bank of China instructed the nation’s… Read More>>

Clement Luk of Centaline

Property Agencies Laying Off Staff in Shanghai as Optimists Turn Gloomy

2014/05/13 by Michael Cole Leave a Comment

Meeting a real estate broker who isn’t optimistic about the market is about as rare as finding cheerful economist, but it seems that even some of China’s biggest property agencies are bracing for a downturn by cutting headcount.

According to… Read More>>

Chen Zhenggao of the Ministry of Housing and Urban Rural Development

RMB 119B Budgeted for Low Income Housing to Prop Up Market

2014/05/13 by Michael Cole Leave a Comment

China took a step designed to both cool down its housing market and perk up its economy last week when it set aside RMB 119.3 billion ($19.2 billion) to build low cost homes.

According to a story in the Wall… Read More>>

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