A survey by E-House China showed home prices declining on a month-to-month basis for the first time since 2012, as the nation’s real estate market continues to slump due to credit concerns.
The report by CRIC, the information unit of… Read More>>
Hong Kong Housing Prices Set to Fall 30 Percent or More Says JLL
One of Hong Kong’s most senior property brokers expects housing prices to drop more than 30 percent in the next two years, and for the market to continue to slide as new supply floods the market.
In an interview with… Read More>>
Forum Partners Sees Opportunity in China’s Credit Starved Developers
China’s credit crunch comes as good news for London-based Forum Partners, which now plans to sell off Japan assets so it can devote more cash to the buying Chinese assets.
Brushing aside fears of a bubble, the $6 billion real… 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>>
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>>
Real Estate M&A Deals Up 326 Percent in 2014 as Market Churns
China’s housing sales fell 7.7 percent in the first quarter, the country’s property sector witnessed a record default last month, and some real estate investors couldn’t be happier.
While the nation’s property developers were busy cutting back on new construction… Read More>>
Real Estate Loans by China’s Shadow Banks Drop 49% as Credit Dries Up
China’s real estate developers borrowed 49 percent less cash from the nation’s trusts during the first quarter of 2014, reversing a surge of informal credit to the industry as default concerns rise.
According to data from consulting firm Use Trust… Read More>>
HK Developer Wharf Hints at Further China Housing Discounts
Hong Kong real estate powerhouse Wharf (Holdings) hinted that more discounts could be on the way for its China projects as even the strongest property companies become troubled by the country’s home sales headwinds.
The 128-year-old Hong Kong conglomerate has… Read More>>
Developers Get New Funding Source as China Announces First REIT
A new channel for fundraising may be on the way for China’s real estate developers, as the government recently approved the country’s first real estate investment trust (REIT).
According to a report today in the South China Morning Post, Citic… Read More>>
NY Broker Sells $13Mil in Homes to Chinese Buyers via WeChat Mobile App
Smart brokers know the value of a good contact list when you need to close deals. But not many are clever enough to use their WeChat contacts to sell $13 million in homes to clients they have never met before… Read More>>