Meliá Hotels International announced last week the signing of Meliá Shanghai Parkside, a brand new property located within the core area of Shanghai International Tourism and Resorts Zone. This marks the group's ninth property in China and second in ... ( read original story ...)
Hong Kong, Sydney, Shanghai property at risky level, S&P global ratings says
Property prices in the Asia-pacific region have reached risky levels, especially in Sydney, Hong Kong and Shanghai, according to S&P Global Ratings. “Asset prices, especially property prices, today are as stretched as they were before the Asian crisis ... ( read original story ...)
Intellectual property progress
Pudong-based enterprises have made a breakthrough and acquired protection from Shanghai Customs for their intellectual property assets after a rigorous strategy to do business overseas. The three-month campaign ensured enterprises can now safeguard their ... ( read original story ...)
Three Shanghai salesmen confess to taking US$765,000 in property bidding bribes
Shanghai police have arrested three real estate salesmen who confessed to accepted bribes totalling 5 million yuan (US$765,000), by holding back supplies of new flats for favoured bidders, in the latest example of a nationwide clampdown by the government ... ( read original story ...)
China’s land ministry says to continue targeted policies
SHANGHAI (Reuters) - China will continue its targeted policies to address demand and supply in the property sector and stay on track with land supply plans, the Ministry of Land and Resources said on Saturday. The government faces the challenge of ... ( read original story ...)
Greenland posts flat profit as property clampdown deepens
Shanghai-based Greenland Holdings, the mainland’s fourth-largest developer by sales, reported flat earnings for the first half of this year as governments tightened their grip on the real estate sector. Net income in the six months to June was valued at ... ( read original story ...)
$150 Billion of Investment Allocated for China’s Commercial Real Estate Market
According to CBRE Research, from 2014 to 2016, transaction volume and activity in Shanghai exceeded that in Hong Kong and Singapore, demonstrating the growth potential of China's real estate market. Investment in China's CRE market also extends to the ... ( read original story ...)