China's National Social Security Fund (NSSF) raised its stakes in five listed real estate companies in 2008, sources reported.The NSSF acquired a 4.9% stake in Beijing Vantone Real Estate Co Ltd<600246> in the fourth quarter of last year. During the same period, the fund bought a 3.3% stake and a 0.58% stake...
Hong Kong-listed Central China Real Estate Ltd<832>, a property firm headquartered in Henan Province, intends to hit RMB 3.5 billion in contracted sales revenue in 2009, of which it has already earned 30%, sources reported.Wu Po Sum, Executive Chairman of Central China Real Estate, said on Mar. 30 that the...
C&D Real Estate Corp Ltd, a subsidiary of Shanghai-listed Xiamen C&D Inc<600153>, has obtained approval from the National Development and Reform Commission (NDRC) to issue RMB 630 million of corporate bondsThe fixed-rate bonds will have a maturity of seven years, said C&D Real Estate, which is...
BEIJING, March 30 - A local government in an eastern Chinese city has taken its efforts to prop up the economy to new heights, ordering cadres to act as real estate agents with a quota...
March 13 - Chinese developers, once the darling of overseas investors, are turning to their home market to meet their financial obligations as foreign funding for real estate dries up due to the global financial...
Mar. 2, 2009 (China Knowledge) - Shanghai-listed YunNan Metropolitan Real Estate Development Co<600239> plans to borrow RMB 5 billion from banks and to raise another RMB 2 million by issuing about 132 million new shares for property development in Kunming, Yunnan Province, sources reported.
Feb. 25, 2009 (China Knowledge) - Risesun Real Estate Development Co Ltd<002146> recorded net profit of RMB 370.834 million in 2008, representing a year-on-year increase of 30.39%.
Feb. 19, 2009 (China Knowledge) - Poly Real Estate Group Co Ltd<600048>, China's second-largest developer by market value, is planning to raise up to RMB 8 billion through a private placement, in a bid to help fund its future real estate projects, sources reported.
Our real estate experts mostly agree that mortgage cram-downs will help, and Donald Trump Jr sees some sellers getting real about prices...
SINGAPORE, Jan 16 - SG Private Bank said on Friday it is in the process of setting up a global real estate unit to develop investment products for clients interested in the sector. The unit,...