By Cong Mu A luxury apartment in Hong Kong has been sold for a record price of about HK$767,500 ($99,000) per square meter, the latest sign that a bubble is forming in the local residential market. Henderson Land Development (HLD) confirmed with the Global Times that a 572 square meters unit at ...
A branch of China Life in Nanjing, Jiangsu Province. Insurance companies are getting ready to invest directly in real estate. Photo: IC By Zhao Qian New regulations permitting insurance companies to directly invest in real estate took effect October 1, but analysts say they will not have a major ...
* Govt says signs of heightened speculation in property mkt * Govt to tighten housing loan rules, release more land * CityDev, other property stocks fall on tightening steps * Asian govts concerned about property...
SYDNEY, Aug 11 - Property returns in the Australian city of Sydney are set to turn positive in 2010, making it one of the first cities globally to recover from a property slump, research firm...
Sichuan Joint-Wit Medical & Pharmaceutical Industry Co Ltd<000809> on Jul. 8 announced that it plans to sell all its assets and debts for about RMB 147 million to Sichuan Yihe Enterprise (Group) Co Ltd, sources reported. In addition, Sichuan Joint-Wit will purchase a 100% stake in Tieling City Financial Investment Co...
Ting Hsin International Group (THIG) has purchased a 19.51% stake in Taipei Financial Center Corp, which is a real estate company that owns shares in a skyscraper named Taipei 101, from China Development Financial Holding Corp for a consideration of NT$3.7 billion, sources reported. Taipei...
Far East Industrial Stock Co Ltd<000681>, which is engaged in the manufacture and distribution of garments, has announced that it will offer 208.04 million shares at an average price of RMB 2.03 apiece to an investment company in Shenyang, Liaoning Province in exchange for a 100% stake in a real estate firm,...
NEW YORK, June 22 - The U.S. urban commercial real estate markets probably will not recover until 2017, the head analyst of commercial mortgages for Deutsche Bank Securities <DBKGn.DE> said on Monday. "The froth is...
Shenzhen-listed Fujian Sannong Group Co Ltd<000732>, which is engaged in the manufacture and distribution of agricultural and pharmaceutical products, on Jun. 10 announced that it will issue up to 784.12 million shares at an average price of RMB 3.09 apiece to its controlling shareholder...
(For a table of the poll results, click on [ID:nHKG70731] * HK property prices seen rising 10-15 pct by end 2010 * Tokyo property prices to fall 16.3 pct by end 2010 * S'pore, Tokyo...