IF Hong Kong real estate were a stock, investors might have reason to start getting worried. Home prices rallied this year, reaching within about 1% of their 2019 record before retreating in the first ... ( read original story ...)
Update: China’s property investment up 15 pct in H1
China's investment in property development rose 15 percent year on year in the first half of 2021, the National Bureau of Statistics (NBS) said Thursday. Total property investment in the period stood ... ( read original story ...)
Cracks in China’s onshore credit market to widen on tighter leverage, slowdown risks
China’s US$6.2 trillion onshore corporate bond market is likely to experience more defaults in the second half as borrowers struggle to cope with tightening austerity measures. ( read original story ...)
To Cool Real Estate Market, Shanghai Will Verify House Prices
Shanghai’s real estate regulator will start verifying the listing prices of secondhand residential properties in a bid to curb real estate agencies “disturbing the market.” The Shanghai Housing ... ( read original story ...)
US private equity firm Warburg to set up US$5 billion distressed property manager in China
Warburg Pincus is creating a Chinese asset management company to invest in distressed real estate opportunities, with plans to garner US$5 billion in assets in five years. ( read original story ...)
Shanghai’s Citic Square Shrugs Off Covid With Over 70% Occupancy Before Relaunch
Almost three quarters of the space in Shanghai Citic Square is already spoken for ahead of the landmark commercial complex’s grand re-opening at the end of this year after the most extensive ... ( read original story ...)
Shanghai is now home to the world’s highest hotel set at 2000 ft!
If you ever dreamt of dining in the sky, then here is the chance of fulfilling your dreams! Shanghai just became home to the world's highest hotel boasting all the luxuries one can imagine. The ... ( read original story ...)