While Hong Kong and Tokyo usually spring to mind as the most expensive cities in Asia, a new report by Swiss banking group UBS shows that, when average wages are factored in, Beijing and Shanghai could actually be less affordable… Read More>>
Banks Easing Mortgage Policies to Slow China Housing Market Slide
China’s major banks are expected to soon ease requirements for mortgage loans as the country’s government seeks to ease downward pressure on its housing market.
The anticipated move by the country’s big four state-run lenders, was reported yesterday in the… Read More>>
Nick Loup Leaving Grosvenor as Ben Cha Prepares to Take APAC Helm
Real estate developer Grosvenor is changing the guard at its Asia operations as Nicholas Loup, CEO for Asia-Pacific at the London-based company is preparing to leave after 25 years with the group. Replacing Loup in the privately held company’s Hong… Read More>>
Billionaire Head of Developer Hydoo International Detained in Probe
Wong Choihing built Hydoo International Holding into one of China’s fastest growing developers of logistics real estate through entrepreneurial zeal and close ties to the party. Now the billionaire businessman’s ability to use official relationships to build his company appear… Read More>>
UBS Says China Real Estate Downturn Has Become Unstoppable
New economic data released last week reinforce the view that China’s economy is struggling to build a meaningful recovery, and at least one investment bank believes that an unstoppable slowdown in China’s real estate industry may be behind some recent disappointing… Read More>>
UBS Bucks 2nd-Tier City Pessimism With New Residential Real Estate Fund
Despite a flurry of news reports questioning the credit worthiness of China’s real estate developers and raising the spectre of potential bond defaults, Switzerland’s biggest bank, UBS, is launching a new fund targetting residential opportunities in the nation’s second-tier cities.
China to unveil new real estate market policies within three months – and more of Today’s China Real Estate Links | August 16, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
China is expected to unveil a plan for a… Read More>>
Did Treasury Holdings Directors Sell Themselves China Assets at 93% Discount?
Media reports released late last week revealed that subsidiaries of embattled real estate investment firm Treasury Holdings which were suddenly sold off for 2.263 million euros to a company controlled by one of its directors are believed to have been… Read More>>
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