CK Asset Holdings has sold a real estate project in the northeastern Chinese city of Dalian to Sunac China Holding for over RMB 4 billion ($560 million), according to an account by the Chinese business news site Caixin.
The sale… Read More>>
China Property Officials Felled by Love of Haute Couture
While China has for years had competing lists of the country’s biggest billionaires, Xi Jinping’s high profile anti-corruption campaign now seems to promoting a list of the country’s most elegantly corrupt officials.
The record of bureaucrats brought low by a… Read More>>
Shenyang Latest City to Roll Back Real Estate Curbs
The trend toward easing government policies controlling the real estate market gained a major follower within the last few weeks as Shenyang has reportedly waived restrictions on ownership of multiple homes.
The move was reported today in the Wall Street… Read More>>
Shenyang to Welcome New 325k Sqm Mall on May 24th
The $300 million Star Mall Shenyang Plaza is due to hold its grand opening in northeastern China on the 24th of this month, illustrating continued investor faith in the future of China’s retail sector.
The 325,000 square metre shopping centre… Read More>>
RMB 119B Budgeted for Low Income Housing to Prop Up Market
China took a step designed to both cool down its housing market and perk up its economy last week when it set aside RMB 119.3 billion ($19.2 billion) to build low cost homes.
According to a story in the Wall… Read More>>
CITIC and Swire Plan 295K Sqm Mixed-Use Project in Dalian
CITIC Real Estate, Dalian Port Real Estate and Swire Properties jointly announced today that the three parties have signed a framework agreement to jointly develop a project in Dalian Port.
The signing took place in Dalian. Song Chuan, Chief Executive… Read More>>