Brookfield Buys Stake in Prime Shanghai Property

SHANGHAI—Shanghai-based developer Shui On Land said Thursday that it had sold a nearly 22% interest in a unit that manages its prime Xintiandi commercial property, in a $500 million deal that analysts ... ( read original story ...)

Shanghai property loans under scrutiny

The Shanghai banking regulator yesterday asked banks to closely monitor increasing risks from property loans this year as sour loans for commercial real estate projects have been rising. "The ... ( read original story ...)