The cost of living in China’s major cities is now higher than in Hong Kong or Singapore, according to a survey of expatriate cost of living published this week by a global human resources consultancy.
The survey by ECA International… Read More>>
Mega-Funds Looking for Partners in China’s Warehouse Sector
Since August last year global fund investors have poured more than $3.81 billion into China’s warehouse developers, seeking a share of the profits reaped from supporting the country’s rapidly growing retail and ecommerce sectors.
And the influx of money could… Read More>>
CalPERS Looking Beyond A+ Assets for China Bargains
The second biggest pension fund in the US has $257 billion to invest and is looking for more deals in China. However, even a giant fund manager that has been investing in China for several years realises that good deals… Read More>>
Shui On Land Sells Hangzhou Project After Sales Dive 56%
Troubled real estate developer Shui On Land took a small step towards shoring up its cashflow recently when it sold its Xihu Tiandi retail development to a Hong Kong investment firm for an undisclosed sum.
According to an announcement to the… Read More>>
Wealthy Chinese Buying Up SF Condos for 100% Cash
San Francisco’s housing market is booming and according to one local agent, a major cause for the double-digit growth in home prices are Chinese buyers putting down cash for local homes.
In an interview this week with California TV station… Read More>>
Vanke CEO Expects 75K Real Estate Firms to Vanish by 2029
The golden age of China’s real estate market is over, according to the top of executive of China Vanke, but the industry should do just fine as it enters its “silver age.”
Yu Liang, the CEO of China’s biggest real… Read More>>
Harry Potter’s Hogwarts Reborn as University in Hebei
Lots of people like Harry Potter novels, but a university in China’s Hebei province is taking fandom to a whole new level by building a campus that looks suspiciously like the boy wizard’s beloved alma mater.
Pictures on the Internet… Read More>>
Soho’s Pan Alarmed Over Imminent Wreck of Real Estate Industry
Pan Shiyi, chairman of Hong Kong-listed developer Soho China, thinks that the country’s real estate industry is headed for disaster, one that he likens to a certain famous shipwreck, and he thinks the coming crash could sink the whole economy.
Govt Said Set to Ease Housing Restrictions in More than 30 Cities
China’s government signalled that it is eager to revive the country’s housing market on Friday when the official China Securities Journal reported that the central authorities would allow cities to ease policy restrictions on home sales depending on market conditions.
Chinese Golf Course Developer Buys SF Landmark for $350M
The former Standard Oil Building at 225 Bush Street in San Francisco changed hands this week for the second time in two years, passing from a German investment fund to Chinese real estate group in a transaction valued at $350… Read More>>