real estate
China’s Financial and Real Estate Sector Report Slower Growth in the Fourth Quarter
S. Rina | | Jan 24, 2017 11:00 AM EST |
China reported better-than-expected economy growth rate during the fourth quarter of 2016. However, its financial and real estate sector could not keep up the pace. The overall economy grew by 6.8 percent during the last quarter of the previous year.
China Home Prices Surge But Show Signs of Stabilizing
Staff Reporter | | Jan 19, 2017 07:42 AM EST |
China real estate showed tremendous growth in 2016 as the prices continued to surge. The rate of growth during the year was the fastest since 2011, raising the fears of a bubble. However, the growth rate stabilized in the month of December.
China Reports Higher than Expected Credit Growth in 2016, Raising Debt Concerns
S. Rina | | Jan 14, 2017 01:57 AM EST |
China reported extending $1.82 trillion worth of loans in 2016, setting a new record. However, the numbers have also given rise to new debt concerns. The country is looking to fuel its economy by providing more stimulus in the form of credit and debt, without creating an asset bubble.
China’s Loan Sector Records Greatest Results for 2016 in November
Steve M.C. | | Dec 15, 2016 03:34 AM EST |
The banking sector hit a whole new high for the entire year in the month of November after it recorded positive turnouts in the loan as well as financing sectors.
China’s Real Estate Sector to be Scrutinized by Housing Ministry
Steve M.C. | | Nov 08, 2016 08:58 AM EST |
Real estate developers and agents have been put on notice by China's watchdog and housing market regulator. A month-long inspection of the real estate sector in the entire country to review practices is set to begin.
Record-Breaking: Parking Space in Hong Kong Sold for $HK4.8 Million
Mia Ren | | Oct 30, 2016 09:07 AM EDT |
A single parking space has recently been taken off the market for a whopping $HK4.8 million (US$618,000), making it the most expensive lot in Hong Kong. The parking space measures 135 square feet and can be found at 55 Conduit Road, an upscale condominium complex at the Mid-Levels, one of the most lucrative residential areas in the city. J
China Evergrande's Unit to Acquire Controlling Stake of Shenzhen Real Estate
Charissa Echavez | | Oct 03, 2016 11:03 AM EDT |
China's Evergrande Group said one of its units will acquire a controlling stake in developer Shenzhen Special Economic Zone Real Estate & Properties by swapping assets.
Chinese Investors to Buy Sydney's 333 Kent Street for A$88.88M
Charissa Echavez | | Sep 28, 2016 07:00 AM EDT |
Chinese firm Bridge Capital and Australian iProsperity Group made a historic offer to buy the 333 Kent Street office tower in Sydney's Central Business District for A$88,888,888.88.
G20 Summit Trriggers Rise in Hangzhou's Tourism and Real Estate Sector
ALVIN MUNENE | | Sep 21, 2016 08:54 AM EDT |
Hangzhou, Zhejiang Province has not only experienced an increase in tourism, but the city's real estate sector has also received a boost following the recent G20 Summit.
Seattle is now the top Choice for Chinese Home Buyers
Charissa Echavez | | Sep 16, 2016 03:25 PM EDT |
Seattle is becoming the top choice for Chinese buyers for home property investment, driving prices higher.
Taiwanese VR Company iStaging Concludes $5 Million Funding Run
Phenny Lynn Palec | | Sep 07, 2016 05:08 PM EDT |
Taiwanese virtual reality real estate company iStaging has closed a round of pre-A funding, amassing $5 million in new capital. The latest round of funding was led by WI Harper, along with Taya Venture Capital.
China Evergrande Raises Its China Vanke Stake
Charissa Echavez | | Aug 17, 2016 08:52 AM EDT |
China Evergrande Group has bought additional shares of China Vanke Co Ltd. worth 5.46 billion yuan ($823 million), increasing its stake from 4.68 percent to 6.82 percent, the company announced in a filing with the Hong Kong stock exchange on Monday.
Australia's Real Estate Giant Ray White Teams up With Lianjia to Enter China
Charissa Echavez | | Jul 26, 2016 10:49 AM EDT |
Australia's biggest real estate group Ray White has expanded its services to China after teaming up with China's largest real estate company, Lianjia (or Homelink).
China Allows Developers to Convert Commercial Properties to Residential Units
Charissa Echavez | | Jul 05, 2016 06:34 AM EDT |
To deal with China's oversupply of commercial properties, the government is now relaxing its policies to allow some of these buildings to be converted to residential leasing units starting this month, the South China Morning Post reported.
China is US' Biggest Overseas Real Estate Buyer
Charissa Echavez | | May 19, 2016 06:03 PM EDT |
Amid China's economic slowdown, Chinese investors have been named the biggest overseas buyers of US real estate, according to a report from the Asia Society and Rosen Consulting Group, which was released on Monday, May 16.
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