Asia Pacific real estate investment news and information
Evergrande Group, one of China’s biggest real estate developers, launched three new agribusiness subsidiaries on Monday, as the slowdown in the country’s housing market sends property firms searching for new profit centres.
Evergrande’s new ventures into grain and vegetable oil,… Read More>>
One of China’s pioneer private real estate developers has some advice on how his friends and competitors can survive the current downturn in the sector, and it starts with innovation.
Speaking at a real estate finance event in Beijing last… Read More>>
Guangzhou-based developer Evergrande Real Estate has begun offering down payment loans that allow buyers to purchase a home with no cash down, as China’s real estate firms search for incentives to stimulate sales.
The sales promotion program from China’s third-largest… Read More>>
Evergrande Real Estate Group (HKG:3333) announced this week that it had set a new record for sales revenue in June, reaching RMB 13.1 billion. The strong sales by the top five Chinese developer appears to demonstrate the growing split between… Read More>>
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>>
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>>
China saw its second commercial bond default within a month on Friday when a Jiangsu construction company failed to make an interest payment on a RMB 180 million (US$29 million) bond, and the country’s financial markets reacted by climbing during… Read More>>
As China’s property sales have slowed down and bad news has seeped into the country’s real estate market, many developers have been scrambling to invest in everything from US real estate to bottled water.
Now comes news of the latest… Read More>>
Share and bond prices for China’s leading property companies fell sharply today following reports that a Ningbo real estate developer had collapsed, leaving behind RMB 3.5 billion in debt and more than 100 unhappy creditors.
The folding of the developer,… Read More>>
A broad range of China’s publicly traded real estate stocks were punished on stock exchanges in Shanghai, Shenzhen and Hong Kong today as investors reacted to the country’s first corporate bond default on Friday.
The Hang Seng Properties Index of… Read More>>
