Yet, in China’s commercial real estate market, overseas investors continue to make inroads. Last December, Blackstone, the acquisitive US private equity fund, bought five office buildings and a ... ( read original story ...)
Global Private Equity Snaps Up Chinese Commercial Property
In November, Singaporean developer CapitaLand Ltd. and sovereign wealth fund GIC Ltd. splashed out 12.8 billion yuan to buy Shanghai’s tallest twin towers in the biggest commercial property purchase ... ( read original story ...)
China’s Property Taxman Cometh, Someday
A property tax, while sorely needed ... China doesn't currently tax owners on the value of their properties, except in Shanghai and Chongqing – and even there, it’s limited to luxury homes or multiple ... ( read original story ...)
China’s property tax will be implemented according to the city – lawmaker
China’s residential property market is deeply segmented and polarised, with prices many times higher in so-called tier-one cities such as Beijing and Shanghai compared with markets in hinterland ... ( read original story ...)
Steep Descent Expected for China’s Biggest Property Insurer
PICC’s Shanghai stock is trading at almost 31 times estimated earnings ... While economies of scale will help PICC’s main property and casualty unit, which contributed almost 90 percent of group profi... ( read original story ...)
Blackstone Mulls Deal for $1.5 Billion Shanghai Complex
Blackstone Group LP is considering an acquisition of Chamtime Plaza, a Shanghai commercial property complex, in a deal that could be worth more than 10 billion yuan ($1.5 billion), people familiar wit... ( read original story ...)
Soho China Opens RMB 5B Commercial Project in Shanghai’s Gubei
Soho, one of China’s largest commercial-only property developers held the debut of the 38-storey tower on the city’s Hongqiao Road, near where it intersects with Yan’an Road to celebrate the addition ... ( read original story ...)