At the foot of the hotel, entwined within the property’s manicured Italian gardens, sits the neo-classical Shanghai Chamber of Commerce renovated with a light touch by Bulgari to house a glamorous bal... ( read original story ...)
Shanghai cracks down on home purchases by companies in latest bid to curb prices
Authorities in the Chinese city of Shanghai have tightened rules on companies buying property in their latest attempt to curb runaway housing prices. According to the Shanghai Commission of Housing and Urban-Rural Development, companies with less than five ... ( read original story ...)
Shanghai announces new policies to curb real estate speculation
China's finance hub Shanghai on Tuesday began to implement new policies restricting enterprises from purchasing residential property. According to the policies, enterprises looking to buy home have to meet certain requirements including based in the city ... ( read original story ...)
Shanghai raises threshold for companies buying property
(ECNS) - China's major economic powerhouse Shanghai has released a new policy to regulate the purchase of houses by companies amid the country’s renewed efforts to crack down on property irregularities in 30 major cities. Since July 3, enterprises must ... ( read original story ...)
Fearing Yuan’s Slide, China Puts New Limits on Property Companies’ Bonds
SHANGHAI—China’s top economic planning body has told the country’s heavily indebted property companies to curb their issuance of dollar-denominated bonds, a sign of Beijing’s concern about the side effects of the yuan’s recent slide. In a ... ( read original story ...)
Nova, InfraRed NF Pay RMB 465M to Add Shanghai Mall to Rental Apartment Pipeline
Warburg Pincus-backed Nova Property Investment has joined forces with Hong Kong-based real estate investment manager InfraRed NF to acquire a Shanghai shopping centre for RMB 465 million ($73.8 million) as the real estate development startup continues to ... ( read original story ...)
China’s latest policy for deflating the property bubble merely buys time, instead of offering relief
Real estate is the driver of the Chinese economy ... In big cities, such as Beijing and Shanghai, yields are hovering around 1.5 per cent (compared to an average of about 3 per cent in the US and 4 per cent in Canada). Wages in China simply aren’t ... ( read original story ...)