Property

Wanda Denies Rumored Purchase of London Parcel; Share Price Slumps 6% on the News

Wanda Denies Rumored Purchase of London Parcel; Share Price Slumps 6% on the News

Leading Chinese real estate developer Dalian Wanda Group Co. denied an alleged acquisition of the Nine Elms Square parcel in…

Aug 23, 2017
Dou Shicong
R&F Properties’ Sales Up 30% in First Half, Annual Sales Expected to Hit USD12 Billion

R&F Properties’ Sales Up 30% in First Half, Annual Sales Expected to Hit USD12 Billion

Sales at Guangzhou R&F Properties Co., a real estate group headquartered in China’s southeastern industrial powerhouse of Guangdong province, reached…

Aug 22, 2017
Dou Shicong
SOHO China Shares Climb After Firm Posts Net Profit of USD598 Million for First Half

SOHO China Shares Climb After Firm Posts Net Profit of USD598 Million for First Half

SOHO China Ltd. [HK:0410] posted a net profit of USD598 million (CNY3.98 billion) for the first half, up from CNY599…

Aug 22, 2017
Dou Shicong
Real Estate Sales in Beijing’s Environs Slump Last Month

Real Estate Sales in Beijing’s Environs Slump Last Month

The real estate market surrounding Beijing, once red-hot from investment demand spillover from Beijing, is now stone-cold.

Aug 21, 2017
Xu Wei
Wanda Will Build Several Cultural Tourism Projects in Gansu, Its Founder Says

Wanda Will Build Several Cultural Tourism Projects in Gansu, Its Founder Says

Dalian Wanda Group Co. will build a large cultural tourism project in Lanzhou in China’s northwestern Gansu province and 10 new projects…

Aug 21, 2017
Dou Shicong
New Property Market Slows in China’s First-Tier Cities as Secondhand Sales Rise 0.6%

New Property Market Slows in China’s First-Tier Cities as Secondhand Sales Rise 0.6%

Of the 70 cities surveyed by China’s National Bureau of Statistics (NBS), 15 first- and second-tier ones recorded slowdowns in…

Aug 18, 2017
Jin Yuanjia
China Ranks as No. 3 Global Real Estate Investor, Spends USD6.2 Billion in First Half

China Ranks as No. 3 Global Real Estate Investor, Spends USD6.2 Billion in First Half

Chinese investors spent USD6.2 billion on foreign property purchases in the first half, making the country the third-largest cross-border real…

Aug 17, 2017
Chen Juan
Landing International Development, Lionsgate Team Up to Build Theme Park in Jeju Island, South Korea

Landing International Development, Lionsgate Team Up to Build Theme Park in Jeju Island, South Korea

Chinese property developer Landing International Development Ltd. [HK:0582] and Canada-based film studio Lionsgate [NYSE:LGF] will work together to build Lionsgate…

Aug 17, 2017
Dou Shicong
China’s Housing Stock Hit 33-Month Low in July

China’s Housing Stock Hit 33-Month Low in July

China’s national housing stock hit a 33-month low at the end of July, data from the National Statistics Bureau shows. One insider believes the current volume could sell out in just over 12 months.

Aug 15, 2017
Liao Shumin
First-Tier Real Estate Market Cools, Ushers in Stable Growth

First-Tier Real Estate Market Cools, Ushers in Stable Growth

After last year’s real estate fever, the turnover volume of China’s real estate market has started shrinking.

Aug 14, 2017
Dou Shicong
Soaring First-Half Sales at China’s CIFI Holdings Boost Profit by 157%

Soaring First-Half Sales at China’s CIFI Holdings Boost Profit by 157%

Sales at CIFI Holdings Group Co. [HKG:0884], one of China’s top 100 real estate firms, rose 71 percent annually to CNY47.2 billion (USD6.93…

Aug 10, 2017
Luo Tao

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