Here is a list of the day’s latest China real estate news collected from around the web:
China’s central bank cut the amount of cash banks must hold… Read More>>
China Expert Approaching! – 5 Ways China is Pushing Foreigners Out
Next time I come through immigration at Pudong airport, I’m expecting there to be three lines for admission into the country — Chinese nationals, visitors, and China experts. Becoming an expert commentator on China’s economy now seems to require less… Read More>>
Fosun and SOHO Bund Deal a Bad Blind Date
In a report today on the Wall Street Journal, Esther Fung looks into the strange partnership of China real estate developers Fosun and SOHO for a site on Shanghai’s Bund.
As announced recently by SOHO, and subsequently denounced by Fosun,… Read More>>
SOHO Attempts to Buy Bund Project Stake from Greentown — Fosun Vows to Block
Carnivorous real estate developer SOHO China announced on December 29th that it would buy a 50% stake in a commercial property project on Shanghai’s Bund, only to have rival developer Fosun announce its right to block the proposed deal on… Read More>>
Is SOHO China Broke?
According to a report last week in the National Business Daily, supernaturally aggressive real estate developer SOHO China is suffering from a severe cash crunch as it currently is attempting to build and launch several new commercial projects. At present the… Read More>>
IFC Mall Leads Sun Hung Kai Shanghai Retail Real Estate Growth
Hong Kong real estate developer Sun Hung Kai (SHK) is rapidly establishing itself as one of China’s leading mall developers thanks to the success of its IFC mall project in Shanghai. According a recent story in Hong Kong’s Standard, IFC… Read More>>
Shanghai Real Estate Prices Drop to Lowest Level in Nine Months
According to a research report released by Shanghai Deovolente Realty Co, the average price of residential real estate in Shanghai dropped to its lowest level since March during the week of 12 December. The price is continued to keep dropping through… Read More>>
Foreign firms best on pay raises
SHANGHAI’S foreign-invested companies have outperformed their domestic counterparts in giving pay raises to their employees this year, a survey by the Shanghai Statistics Bureau said.
The real-estate sector in Shanghai has offered staffers the biggest raises despite the property market… Read More>>
Mori Gets Ready to Offer More Floors
Despite earlier reports of limited floor availability and persistent attempts to differentiate sales of floors in their building from typical strata title sales, Mori Building Co on 20th April appeared to be priming the market for sales of more space… Read More>>
SOHO Acquires Site in Shanghai’s Hongkou District for RMB 2.47 billion
SOHO China Limited (410.HK), among the most aggressive and highest profile commercial property developers in China, on April 19th announced the RMB2.47 billion acquisition of a mixed-use site near the Hailun Road station on Shanghai’s metro line 10 Subway in… Read More>>