While prices of upscale units in Shanghai rose 5 per cent quarter on quarter, overall market prices fell 4 per cent year on year in March High-end homes in Shanghai are selling out quickly, fuelling ... ( read original story ...)
Luxury malls in Beijing, Shanghai slash rents, change tenant mix as consumer spending dips
Mall vacancy rates in Beijing stood at 10.6 per cent last year and 9.5 per cent in Shanghai, according to Cushman & Wakefield A slowdown in Chinese consumer spending on luxury goods is affecting ... ( read original story ...)
Vanke unit Onewo to buy remaining stake in Shanghai Xiangda for $120 million
(Reuters) -Chinese property developer Vanke's residential property management unit Onewo said on Monday it will take full ownership of the real estate development firm Shanghai Xiangda for 870.3 ... ( read original story ...)
‘Shameful’: China woman buys flat for old professor she cares for, family claims property
A Chinese student who bought a home for her professor and cared for her like a mother during her later years is now embroiled in a legal battle after the professor’s relatives attempted to claim the ... ( read original story ...)
China’s property market edges toward an inflection point
UBS analysts on Wednesday became the latest to raise expectations that China's struggling real estate market is close to stabilizing. ( read original story ...)
As Hongkong Land’s US$11.5 bil bet on Shanghai takes shape, recycling plans are announced
Smith said HKL plans to recycle US$6 billion by 2027. Out of this US$6 billion, build-to-sell in China is approximately US$2.5 billion, non-core retail in China accounts for US$3 billion, and ... ( read original story ...)
China’s $150 Billion of Property Debt Restructurings Stumble
Creditors owed around $150 billion by defaulted Chinese developers always stood to get just pennies back, but many are finding that even after a debt plan is agreed it’s not necessarily a done deal. ( read original story ...)