Data just released by Jones Lang LaSalle (JLL) shows that 2013 was the strongest year on record for commercial real estate markets in Asia Pacific, with direct investment reaching US$126.7 billion by year-end. Transaction volumes over the year were up… Read More>>
Lack of Land Pushing Up Cost of China Logistics Space
An unwillingness by local governments to sell land for logistics use, and the rapid expansion of China’s ecommerce sector, are driving up the costs of warehouse space for users on the mainland according to real estate analysts, with rents in Beijing now reaching US$7 per square metre per year.
Greenland Group Acquires London Site for $984 mil Real Estate Project
China again declared its love for overseas real estate yesterday with developer Greenland Group agreeing to acquire a historic London site for a £600 million (US$984 million) development project. And in the same day, the developer announced that it would spend an additional £600 million to purchase a site along the city’s famed Canary Wharf.
China Real Estate People in the News 2014-01-06
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or discovered that going back to work in 2014 is somehow more daunting than it was in 2013.
Peter… Read More>>
Chinese Investment in London Property Up 1500% Since 2010
Research released last week by Jones Lang LaSalle shows that Chinese investment in London real estate has risen over 1500% since 2010, increasing from US$88.2 million to over US$1.63 billion at the end of quarter three 2013.
This increase means… Read More>>
China Grave Builder Leads Surge in IPO Stocks – Today’s China Real Estate Links | December 20, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
China Grave Builder Leads Surge in IPO Stocks
Fu Shou Yuan International Group Ltd., a Chinese developer of graveyards, soared on its Hong… Read More>>
Shanghai is Asia’s Hottest Retail Location, But HK Still Costs 4x More
Two out of the region’s five hottest shopping districts are in Greater China, with the mainland set to be the centre of growth, according to a report released today by real estate consultancy Jones Lang LaSalle.
A decade ago many… Read More>>
Shui On Land Sells Chongqing Office Tower for RMB 2.4 Bil
Real estate Developer Shui On Land recently reached agreement to sell its Corporate Avenue 2 project in its Chongqing Tiandi development to Sunshine Life Insurance for RMB 2.4 billion (US$393 million), as the Shanghai-based firm continued to sell off holdings.
Jack Ma Takes in $5.75 Bil – And Takes on China’s Real Estate Barons
Not satisfied with sales of RMB 35 billion ($5.75 billion) over his e-commerce sites on a single day, Internet billionaire Jack Ma has decided to take on China’s real estate industry. For the good of the people, of course.
Turning… Read More>>
China’s Overseas Real Estate Investment Passes US$5 Bil in 2013
China’s direct investment into international real estate in 2013 has already surpassed the total amount spent in 2013 as Chinese capital floods into global property markets.
According to a statement today by Jones Lang LaSalle, Chinese offshore real estate investment… Read More>>
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