China led the world in new shopping space in 2013 with nine of the ten leading cities for new mall completion coming from China, according to a recently published report.
The study by real estate services company CBRE found that… Read More>>
Wuxi Turns to Out-of-Towners to Stoke Housing Market
One eastern Chinese city has found a quick solution for propping up a declining housing market – creating more residents.
According to a report in the Wall Street Journal, Wuxi in Jiangsu province has begun relaxing the requirements for securing… Read More>>
Citic Ties Up With European Mall Manager to Serve China Retail Centres
Chinese investment firm Citic Capital Holdings Limited and Portuguese mall operator Sonae Sierra recently announced a new joint venture to lease and manage shopping centres in China. The new company intends to provide services to the owners of the millions… Read More>>
Shanghai Cutting Industrial Land Grants to 20 Years with New Rules
In a shift with major implications for Shanghai’s manufacturing sector and for the prospects of logistics developers, the government of China’s commercial capital is readying sweeping changes in industrial land use rights, that include cutting back land use terms to… Read More>>
New World’s K11 Appoints JLL to Lease 257k Sqm Shenyang Mall
Leading Hong Kong developer New World Development Company Limited has selected real estate consultancy JLL to help lease its Shenyang K11 Art Mall. The retail development will be the biggest shopping mall in one of China’s best supplied markets when… Read More>>
Growth of China’s Shadow Banks Slows by 36% in Q1
Assets managed by China’s trust management firms grew at only 64 percent of their average rate during the first quarter of 2014, as the country’s shadow-banking industry struggled with worried customers, declining returns, and new competition from online funds.
Government-backed… Read More>>
Five Out of Ten Biggest Chinese Fortunes Come from Real Estate
Forbes China just released its 2014 Rich List, detailing the fortunes of the 290 richest Chinese tycoons, and found that five out of the top ten fat cats come from the real estate sector, with two more owning development companies.
Knight Frank Partners with REPro for Taiwan Market
International real estate consultancy Knight Frank today announced a new partnership with Taiwan’s REPro International to extend the UK-based company’s brand and services into the Taiwan market.
Under the partnership with the local Taiwanese property brokerage and consulting firm, the… Read More>>
Vanke Takes a Healthy Gamble on China’s Hospital Sector
China’s largest real estate developer by sales is getting ready to sell beds, instead of just houses, as Vanke announced this week that it plans to enter the nation’s hospital industry.
Speaking at a conference on Sunday, Wang Shi, the… Read More>>
Chinese Company “Prints” Ten Houses in One Day
Many historians can tell you that the Chinese invented typesetting hundreds of years before Gutenberg, and now it appears that a company from the Middle Kingdom is leading the way in printing whole houses.
Shanghai’s WinSun Decoration Design is now… Read More>>
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