Real estate prices in Nanjing have risen more than 36 percent in the last year and in Xiamen the cost of a new home has shot up by over 44 percent in the same period as the Chinese government has… Read More>>
Dalian Wanda Signs Deal with Sony After Failing to Buy Paramount Stake
Chinese billionaire Wang Jianlin’s dreams of a building Hollywood empire continue to take shape after his Dalian Wanda Group signed a deal with Sony Pictures last week to collaborate on movie projects.
The alliance between the Chinese property developer turned… Read More>>
Greenland Group Helps Nanjing Sell $6B in Land in One Week
While residents of Nanjing are accustomed to looking up to see Qixia Mountain or to check out the region’s fantastic foliage during the fall, they will need to keep gazing upwards to catch a glimpse of the city’s skyrocketing land… Read More>>
Mainland Buyers Scooped Up 45% of HK’s Land and 64% of Offices Sold in 2016 1H
If residents of Hong Kong feel like mainlanders are buying up half the town, they might not exaggerating, as recently released research shows that developers and investors from north of the border have scooped up most of the office space… Read More>>
Citi Says China Housing Boom to Continue in 2017
Analysts at one of America’s best-known banks are predicting continued good health for China’s already vigorous residential real estate market into next year.
Citigroup predicts China’s housing market will remain ‘robust’ in 2017 given government support and higher prices, according… Read More>>
BuroHappold Brings Over Nick Greenwood to Head Asia Business
UK built-environment consultancy BuroHappold Engineering has appointed a new head for its Asia business as the company reshapes its management globally.
BuroHappold partner Nick Greenwood has relocated from the company’s Bath Headquarters to take over as Asia Director and Engineering… Read More>>
Shanghai Office Rents Now World’s Fastest Growing – HK’s Still Most Expensive
Hong Kong has been grabbing headlines for having the world’s most expensive office space, but its competitor to the north may be catching up quickly, as Shanghai is now seeing the sharpest rates of increase in prime office rentals, according… Read More>>
EB-5 Reforms Stall as Investor Visa Program Nears Renewal Deadline
America’s EB-5 investor visa program that gives permanent US residency to foreigners who invest at least $500,000 is set to expire on September 30, with no clear path for the program’s renewal after proposed reform measures stalled in the US… Read More>>
Fosun Said Planning $1B India Real Estate Platform
Fosun International is entering the Indian property market and plans to invest nearly $1 billion through a real estate platform it is setting up on the sub-continent, according to India’s Economic Times. If completed, this would be the second major… Read More>>
Shanghai Home Prices Now Up 31% in 12 Months as Housing Fever Rages
Home prices in Shanghai, including government subsidized housing, rose by 4.4 percent last month, according to figures released by the National Bureau of Statistics. Prices in the city have risen 31.2 percent in the past 12 months as the government’s stimulus… Read More>>
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