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ESR Jeffrey Shen

ESR Completes Wenzhou Ruian Logistics Park in Eastern China’s Zhejiang Province

2022/12/23 by Christopher Caillavet Leave a Comment

ESR on Friday announced the completion of a warehouse complex in the eastern Chinese city of Wenzhou to serve industrial manufacturing and logistics storage clients.

Located in the Wenzhou Ruian Economic Development Zone in Zhejiang province, ESR Wenzhou Ruian Logistics… Read More>>

Wang Guanghua Vice Minister

China Sets Key Precedent in Rolling Over Wenzhou Property Rights

2016/12/25 by Michael Cole Leave a Comment

Not many Chinese homes have chimneys for Santa to scoot down, but that didn’t stop 90 percent of the country’s households from receiving a most welcome present just in time for Christmas.

All but 10 percent of Chinese families own… Read More>>

Wenzhou building collapse

22 Migrant Workers Said Killed as Buildings Collapse in Wenzhou

2016/10/11 by Michael Cole Leave a Comment

Nearly two dozen people were killed when a row of ramshackle houses collapsed in the eastern China city of Wenzhou on Monday. State-run media described the casualties as primarily being migrant workers occupying substandard buildings in the prosperous trading and… Read More>>

Hong Kong luxury shoppers

Versace to Open 1200 SQM HK Flagship Store and More China Real Estate Headlines

2016/04/26 by Michael Cole Leave a Comment

Luxury retail has hit some tough times in Hong Kong, but at least one European fashion marques thinks this could be a good time to negotiate a new long-term lease. Plus, mainland developers are turning their attention back to second-tier… Read More>>

Wenzhou, China

Wenzhou Charges Homeowners 33% of Housing Value as Land-Use Rights Expire

2016/04/21 by Michael Cole 2 Comments

The people of Wenzhou are known for being business trailblazers in China, and now the citizens of this eastern Chinese city are making headlines for being the first mainlanders to wrestle with the problem of expiring land-use rights.

With all… Read More>>

Jinan home prices

China Home Sales Jump in Cities Lifting Purchase Restrictions

2014/07/30 by Michael Cole Leave a Comment

The first two cities in China to repeal home purchase restrictions on a sweeping basis have seen a surge in sales according to data from E-House and local government sources.

Hohhot, which cancelled all home purchase restrictions during the last… Read More>>

Wenzhou real estate

Buyers Now Abandoning Homes in Wenzhou as Prices Slide

2014/07/23 by Michael Cole Leave a Comment

The city of Wenzhou in Zhejiang province has long been known as a centre for entrepreneurial zeal, but after nearly three years of sliding home prices it is becoming known for something else innovative in China – walking away from your… Read More>>

Song Weiping Greentown China

Zhejiang Developers Now Guaranteeing That Prices Will Go Up

2014/07/02 by Michael Cole Leave a Comment

The problem with China’s real estate market in 2014 is confidence, and whether there is too much confidence or not enough of it may depend upon which side of a deal you are sitting on.

Developers in Zhejiang – one… Read More>>

Yang Dingguo Zhongdou Group

Hangzhou Developer Arrested After Loan Default and Fraud Reports

2014/06/25 by Michael Cole 1 Comment

China’s real estate industry and the shadow banking network that it relies on received a collective black eye this week when a Hangzhou developer first defaulted on loan payments, and was later arrested on fraud allegations surrounding RMB 2 billion… Read More>>

Song Weiping Greentown China

Greentown Chief Blames Govt as He Sells Stake in Developer

2014/05/26 by Michael Cole Leave a Comment

The chairman of a Hangzhou-based real estate developer blamed “stupid officials” for the hard times that have forced him to sell out his controlling stake in Greentown China to Sunac Holdings, in a transaction valued at HK$6.3 billion (US$813 million).

… Read More>>

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