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China corrupt officials

China Property Officials Felled by Love of Haute Couture

2014/11/03 by Michael Cole Leave a Comment

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>>

Song Weiping Greentown

Greentown Sale to Sunac May Be Cancelled After Regulatory Delay

2014/11/03 by Michael Cole Leave a Comment

The biggest property developer to change hands during China’s real estate downturn may not be sold after all, following difficulties getting the share sale approved by the Hong Kong Stock Exchange.

Tycoon Song Weiping, along with this family and close… Read More>>

Su Shunhu

Tracking Proceeds of Chinese Corruption to Australia’s Real Estate Market

2014/10/27 by Michael Cole Leave a Comment

The head of China’s top graft buster launched “Operation Fox Hunt 2014” just three months ago to track down fleeing officials and their fraudulent gains, and the new anti-corruption initiative already seems to be leading to Australia’s booming real estate… Read More>>

wang shi china vanke

Vanke Slows Investment as Profits Rise But Margins Tighten

2014/10/27 by Michael Cole Leave a Comment

Third quarter financial results released by China Vanke show what might be the best case scenario for the country’s real estate developers, and it’s not all that rosy.

In a statement to the Hong Kong stock exchange, the Shenzhen-based builder… Read More>>

James and Neill

October Mingtiandi Event Brings Together More of Shanghai’s Real Estate Community

2014/10/27 by Michael Cole Leave a Comment

Mingtiandi’s monthly happy hour continues to be the leading industry gathering in Shanghai as the October edition of this regular event brought in 105 leaders from across the real estate industry.

By creating an informal, unstructured opportunity for property professionals… Read More>>

China housing tax

Tax Reform May Be China’s Next Step in Reviving Real Estate Market

2014/10/20 by Michael Cole Leave a Comment

In recent months China’s government has quickly launched a variety of measures aimed at slowing the slide in its residential real estate market, and the rollback of a five percent tax on second-hand housing sales may be the next step… Read More>>

Anhui drum tower

Is Xi Turning His Sights From Corrupt Officials to Creative Architects?

2014/10/20 by Michael Cole Leave a Comment

 

China’s President Xi Jinping has been busy this year fighting off fears of an economic collapse, rooting out corrupt officials and attempting to calm protests in Hong Kong, but the leader of the world’s most populous nation still had… Read More>>

Shanghai real estate event

Space Still Available for Thursday’s Mingtiandi Real Estate Event

2014/10/20 by Michael Cole Leave a Comment

As of today more than 75 real estate estate executives have signed up for this Thursday’s Mingtiandi happy hour event, as the community seems ready for a chance to get back together after China’s October holiday

If you haven’t had… Read More>>

CY Leung UGL DTZ

How CY Leung Legally Collected $6.5M Fee on DTZ Sale (Really)

2014/10/14 by Michael Cole Leave a Comment

Most observers agree that Hong Kong chief executive CY Leung did nothing illegal in extracting a $6.5 million payment for his part in the $124 million 2011 sale of DTZ to UGL.

However, as more details emerge about the timing… Read More>>

HSBC MBS

China Encourages Mortgage Securities to Boost Real Estate Market

2014/10/13 by Michael Cole Leave a Comment

On September 30th, China’s central bank issued a round of measures aimed at stimulating demand for housing in China, the most important of which may have been overlooked.

While the decision by the People’s Bank of China to broaden the… Read More>>

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