With much of the Western world enjoying a holiday this weekend a Hong Kong private equity firm managed to acquire a multi-family asset in Arizona before the Easter break, bringing them to the top of today’s roundup of real estate… Read More>>
Developers Scramble for Cash as Virus Hits Cashflow and More Asia Real Estate Headlines
Stalling home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that mainland developers are scrambling for cash in a liquidity crunch triggered by the coronavirus outbreak.
In other news around… Read More>>
HK Home Sales Could Drop 80% Amid Virus Scare and More Asia Real Estate Headlines
Hong Kong leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that the coronavirus is expected to shrink home sales in February by between 50 percent and 80 percent, according to analysts.
In other news… Read More>>
Greenland’s Plan to Build China’s Tallest Tower in Wuhan Scaled Down by Over 20%
Greenland Wuhan Center, designed to surpass the Shanghai Tower and become China’s tallest building, will be falling short of its planned 636 metres (2086 feet) height, after the local government prescribed a 21 percent reduction in height for the central… Read More>>
CBRE Appoints Louisa Luo as Head of Wuhan Office
CBRE has looked to its industrial team for leadership of its Wuhan office, as the real estate consultancy announced this week that Louisa Luo will take over as Regional Managing Director for Central China, based in the capital of Hubei… Read More>>
Gaw-Backed Florentia Village Opens Hong Kong, Wuhan Outlets
Chinese shoppers with a taste for discounted luxury goods are in luck, as Florentia Village expands its network of designer outlets into central China and Hong Kong.
The chain of suburban shopping venues has recently unveiled its first location on… Read More>>
Rayman Tseng Joins JLL as Managing Director for Wuhan
JLL has brought on board former Shui On Group executive Rayman Tseng as Managing Director for the property consultancy’s operation in Wuhan.
Prior to taking on leadership of JLL’s office in the central China city of 9.8 million people, Tseng… Read More>>
Wanda Closes RMB 7B Theme Park for Renovation 19 Months After Opening
The highly touted Wuhan Wanda Movie Park, owned by China’s largest real estate company, the Dalian Wanda Group, has closed for “upgrades and renovation” just 19 months after the grand opening of the RMB 7 billion ($1.05 billion) attraction. The… Read More>>
China Housing Price Slide Slows as Shenzhen Said to Recover
China’s housing prices fell for the eighth straight month in December, according to data released today by the National Bureau of Statistics. However, the average monthly rate of decline in prices of new housing (including subsidised units) slowed slightly –… Read More>>
China Real Estate People in the News 2014-07-07
This week China’s real estate community sees another addition to the team at The Redwood Group, a flurry of promotions at JLL, and a new face at the property arm of one of China’s insurance giants. Read on for more… Read More>>
