The ranks of Chinese with assets of more than $30 million (excluding their primary homes) will grow by 80 percent in the next decade, making China 13th among all countries and regions in terms of multi-millionaires, according to a report… Read More>>
Was Anti-Graft Campaign the Real Reason Luxury Retail Struggled in 2013? Mingtiandi Survey Results
While China’s luxury retailers fell well short of their goals in 2013, the major cause of the industry’s struggles was poor planning, not a government clampdown on bribery and draft, according to a survey conducted last week on Mingtiandi.
Among… Read More>>
China Retail Real Estate Survey — Test Your Market View Against 3000 Pros
65 percent of luxury retailers in China are said to have missed their 2013 targets for new store openings, now Mingtiandi helps you find out the real story from our weekly readership of 3000 industry professionals.
These disappointing results appear to point to a slowdown in what was once China’s hottest real estate sector.
65% of Luxury Retailers Missing China Targets Amid Anti-Corruption Drive
Zara is in and Prada is out as Xi Jinping’s crackdown on corruption is starting to cause problems for high-end brands in China. According to a recent market survey 65 percent of luxury retailers failed to reach their targets for… Read More>>
Has Shanghai’s Hongqiao Hub Lost Out to Its Pudong FTZ?
A few years ago, the major urban initiative in Shanghai was the Hongqiao transportation hub, a new geographic nexus on the city’s western edge that brought together high speed rail, a new domestic airport, and local metro lines to form… Read More>>
Chinese Investment in London Real Estate a Top Global Trend
Chinese investment in UK real estate didn’t just make headlines in China last year, according to one recent report, the flow of Chinese wealth into downtown London is a top global trend.
Chinese investors were behind a number of attention-grabbing… Read More>>
China Real Estate People in the News 2014-01-20
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or decided to tell their boss that they are headed off early for Chinese New Year and run out the door,… Read More>>
Savills Report Finds 111% Increase in Real Estate Deals by the Super-Rich
Investment in big ticket real estate deals by private individuals has risen more than 111 percent in the last five years, with Asian investors leading the surge.
A new report by real estate services firm Savills, in partnership with Singapore cosultancy Wealth-X finds that while corporate real estate investments have increased 43 percent since 2008, real estate acquisitiosn in excess of US$10 million by the world’s wealthy rose by 111 percent in the same period.
Not Just London – Chinese Now Buying Up British Country Estates
While China’s investors have been buying up London real estate in recent years, and firms like Greenland Group and Dalian Wanda have made billion dollar acquisitions of commercial properties, the country’s nouveau riche are now moving into the English countryside.
According to a story from the UK’s Guardian, Chinese investors are among the growing numbers of rich foreigners buying farms and country estates across Britain.
Shanghai Tower to Bring Office Space Glut – Today’s China Real Estate Links | December 18, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
When completed in 2015, the Shanghai Tower will… Read More>>