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china poly real estate

Developer Stocks Soar After Media Reports of Breaks in Real Estate Rules

2014/04/02 by Michael Cole Leave a Comment

Poly Real Estate led China’s major real estate developers in a sudden stock rally following reports in the official media that two of China’s largest second-tier cities would be relaxing restrictions on home purchases.

The Guangzhou-based property firm was up… Read More>>

Lun Fat Street Wanchai Hong Kong

Vanke Picks Up 2nd HK Real Estate Project for HK$860 Mil

2014/04/02 by Michael Cole Leave a Comment

China Vanke, the mainland’s biggest developer by sales, continued its global expansion this week by acquiring a residential site in Hong Kong for HK$860 million (RMB 688 million). The project will be Vanke’s second venture in Hong Kong and will… Read More>>

Glorious Property Zhang Zhirong

Shipbuilder Belonging to Glorious Property Boss Defers Bond Payments

2014/04/01 by Michael Cole Leave a Comment

A Chinese shipbuilder belonging to the same group of companies as troubled developer Glorious Property Holdings Ltd (HKG:0845) has asked bondholders not to demand their money back, as it struggles to restructure its finances.

Rongsheng Heavy Industries, which was founded… Read More>>

China Vanke Executive Vice President Mao Daqing

Vanke Teaming with Blackstone to Explore China Warehouse Market

2014/04/01 by Michael Cole 1 Comment

Vanke, the country’s largest property developer by revenue, is holding discussions with private equity giant Blackstone Group about a real estate fund to pursue opportunities in China’s logistics real estate sector, a senior company official revealed over the weekend.

The… Read More>>

GM Building 5th avenue

China Leads Among Foreign Hunters of US Trophy Real Estate

2014/03/31 by Michael Cole 1 Comment

Foreign purchases of trophy buildings in the US more than doubled during 2013, and the leading hunters of these high profile assets were from China, according to a soon-to-be released market survey.

Major acquisitions of landmark properties by investors such… Read More>>

Vietnamese protestors

600 Percent Increase in Chinese Investment Making Vietnam Nervous

2014/03/31 by Michael Cole Leave a Comment

The surge of Chinese investment into the world’s asset markets has met with mixed reactions in many countries, but it may be looked upon most suspiciously in neighboring Vietnam.

Recently released statistics show that China’s wave of outbound investment has… Read More>>

China Vanke Wang Shi

Vanke Chief is China’s Highest-Paid Exec and More China News Briefs

2014/03/31 by Michael Cole Leave a Comment

The earnings season continues to provide plenty of news on China’s listed developers as we find out how much Wang Shi made last year while he was off studying in the US, see profits drop for one of Hong Kong’s… Read More>>

Athens Hellenikon airport

Fosun Moves Closer to Acquiring $1.26 Bil Greek Site

2014/03/27 by Michael Cole Leave a Comment

Chinese investment conglomerate Fosun International has apparently locked up a deal to acquire a 620-hectare seaside site in Athens for a Euros 915 million ($1.26 billion) real estate project.

According to a report by Reuters, Fosun, together with Greek partner… Read More>>

wealthy Chinese home buyers

Real Estate Agency to Let Chinese Buy Australian Homes with Bitcoin

2014/03/27 by Michael Cole Leave a Comment

An Australian real estate agency is trying to attract Chinese home buyers by allowing them to make their down payments with the popular bitcoin virtual currency.

According to a story this week in The Australian, Forsyth Real Estate, a 115… Read More>>

Shanghai land sales

Shanghai Land Sales Drop to Lowest Point in 12 Months as Supply Dwindles

2014/03/27 by Michael Cole Leave a Comment

The value of land sold in Shanghai during the month of March dipped to less than RMB 10 billion, the lowest volume since April 2013, as the city appears to be reducing the amount of land made available on the… Read More>>

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