China Economic ReviewAgile Holdings is set to become the second mainland property developer to go public with an initial public offering of US$193 million planned before the end of the year, the South China Morning Post reported. The company's interests include property development, property management and hotel management, and it has seven residential projects in Zhongshan and […]
Shenzhen has sold three residential land plots for RMB1.66bn, 43% above the floor price, in an auction where Hong Kong-listed Hutchison Whampoa and China Overseas and Land Investment were outbid, the Standard of Hong Kong reported. The three sites, whose combined prices started at RMB1.16bn in the auction, were bought by Shenzhen-based Shenzhen Urban Construction, […]
Beijing real estate developers, reacting to the government's move to curb speculation and tighten credit, are seeking foreign investors for individual residential projects, the Standard of Hong Kong reported, citing senior realty officials. Tianhong Real Estate Development and Management Corp is starting to cooperate with foreign investors who do not necessarily have real estate as […]
The Simon Property Group, one of the biggest real estate developers in the US, said it has partnered with Morgan Stanley and a state-owned Chinese company to build about a dozen shopping centers in China, state media reported. Simon and Morgan Stanley Real Estate Funds will each take 32.5% stakes in the venture, with SZITIC […]
Local authorities in Hebei province have decided to return land to villagers after a bloody clash that left 6 dead and after a recent report pointed out the shortage of land versus the population of the village, state media reported. Over 200 armed thugs attacked the villagers on June 11 after the Shengyou villagers protested […]