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>>
China’s First “REIT” Starts Trading on Shenzhen Exchange
Qihang Specific Asset Management Plan doesn’t trade like REIT, and it’s not taxed like a REIT, but investors eager for an alternative investment vehicle in China’s stunted finance market are willing to call it a REIT, and it technically began… Read More>>
ING and JP Morgan Economists Warn on China Property Slowdown
The chorus of concern regarding China’s slumping real estate sector gained a couple of new and highly influential voices last week when economists for JP Morgan Chase and ING both warned of risks to the nation’s economy.
According to a… Read More>>
Property Agencies Laying Off Staff in Shanghai as Optimists Turn Gloomy
Meeting a real estate broker who isn’t optimistic about the market is about as rare as finding cheerful economist, but it seems that even some of China’s biggest property agencies are bracing for a downturn by cutting headcount.
According to… Read More>>
China Top 100 Developer Denies Reports of Collapse
A Shenzhen-based real estate developer announced on Wednesday that it was not about to collapse, despite being beseiged by unhappy customers after failing to deliver homes which buyers had already paid for.
Shenzhen Guang Group Real Estate, which is said… Read More>>
Real Estate Crisis Creates Takeover Opportunity for China’s Insurers
While China’s real estate industry has been beset by reports of falling prices and slowing sales all of this is apparently good news for the country’s insurance companies, as two of the financial giants compete to take over developer Gemdale… Read More>>