China Call for American Real Estate

Using this contrarian investment approach, Amerimar has accumulated a portfolio of hotels, offices, apartments and retail centers from New York to California. Marshall recently went to Shanghai as part of the Wharton Fellows program and came to the conclusion that what is happening in Chinese real estate ought to be a wake-up call for the U.S. market. Knowledge@Wharton spoke to Marshall about his visit to China and other issues.

Real estate prices soar in chinese city of beihai

Anyone arriving in Beihai city will see what is effectively a supermarket for houses and apartments. The city is dotted with new and properties and projects still under construction. And advertisements for new houses are everywhere. Some property developers say the price of real estate per square metre in the city has risen so much that even ordinary commercial apartments now cost 600 yuan more than they did last year.

Glitnir in China real estate JV with Sinopec

BEIJING (XFN-ASIA) - Glitnir, a major Icelandic financial services group, said it has set up a joint venture with CGC Overseas Construction Co Ltd (CGCOC) to develop a residential complex in Shenyang, the capital of northeastern China's Liaoning province.

Crusade won't cool property market in Shanghai

BEIJING, June 22 -- Tomson Riviera, the most expensive apartment complex in Shanghai, is up against a crusade. But it is a crusade that is unlikely to help slow rising property prices, as authorities expect. It may, in fact, violate the principles of a market economy. The Shanghai Housing, Land and Resource Administration Bureau recently announced a probe into several luxury property projects, including Tomson Riviera, on the east bank of the Huangpu River.

IHG signs deal for three hotels in China

Shanghai, 20 June 2007 — IHG (InterContinental Hotels Group) announced today the signing of a management contract to operate three hotels and over 800 rooms in Changzhou, a key Eastern China city near Shanghai. Consisting of one Crowne Plaza hotel and two Holiday Inn Express hotels within an integrated city centre commercial complex

Tighter real estate rules in China

The notice, published by the Ministry of Commerce (MOFCOM) and the State Administration of Foreign Exchange (SAFE), will give the MOFCOM authority for final approval of a project. It also imposes a strict threshold on foreign investor applications to establish real estate companies. Only those that have land use rights and own property can establish real estate firms.

China's investment growth maintained its upward trend

Fixed-assets investment in urban areas rose 25.9 percent in the first five months from a year earlier to 3.2 trillion yuan, the fastest growth rate of this year, according to data released on Friday by the National Bureau of Statistics.

China real estate - New rules on foreign investment

On Monday, the Ministry of Commerce (MOC) and the State Administration of Foreign Exchange jointly released a circular to further strengthen and regulate the supervising process of foreign-invested real estate, aimed at curbing excessive property speculation by foreign capital.

China's property industry fast emerging as prolific equity seller

Powerlong Real Estate may be raising RMB 2.40 billion from an initial public offering in Hong Kong, according to market speculations. Sources mentioned that Goldman Sachs has been engaged to make preparations for the offering which is reported to occur early next year. The global banking and investments securities firm has declined

China's commercial real estate transaction grew by 68 per cent

China to be world's top commercial real estate market in five years.

Campaign to rein China real estate sector

The campaign, set to run through August next year, will involve the government departments responsible for construction, land resources, finance, auditing, State taxation, local taxation, development and reform, pricing, industrial and commercial administration and governmental administration supervision.

Three real estate developers in Shanghai are under investigation

Local media and citizens have been up in arms since it was publicized that Tomson Haijing Garden (Shanghai Pudong New Area) Co Ltd is selling apartments in its new development project - the Tomson Riviera - at 110,000 to 120,000 yuan (14,285 to 15,584 USdollars) per square meter.

SHANGHAI apartment sales jumped significantly last month

Citywide, 21,848 new apartments, with a combined gross floor area of 2.656 million square meters, were sold in May, an increase of more than 30 percent in both categories, according to www.fangdi.com.cn, a leading property Website.

NBS releases April real estate figures

Te National Bureau of Statistics has released its April figures for 70 major cities across China. In terms of price index of real estate sales, Beihai in Guanxi, Southwestern China, and Shenzhen, in southern China's Guangdong province, are experiencing the fastest growth.

Chinese millionaires became billionaires from agro-business and real estates

In contrast the great mass of the rural poor and lower caste denounce the strategic political links between the state and the billionaires, between economic liberalization and social immiseration.

Analysis of the Real Estate Sector in China

Research and Markets has announced the addition of PEST Analysis - Real Estate Sector in China to their offering.