HONG KONG, Oct 14 - Hong Kong's government will keep a close eye on the city's escalating property market in coming months, and could act to increase land supply for residential development, given concern about...
* NY property seen stable investment in volatile market * Russians, Brazilians buying up * Weak dollar, falling prices make market attractive NEW YORK, Oct 14 - After a year most investors would like to...
W Hotels Group, part of the world's largest hotel owner Starwood, has terminated a management contract to operate a luxury hotel for Sun Hung Kai Properties<0016> in Shanghai, sources reported.The decision was made out of concerns that the hotel market would be further affected by the economic downturn. The...
Insurance companies in China will invest about RMB 236 billion in the domestic property market after the new insurance law takes effect on Oct. 1, according to a recent report released by Jones Lang LaSalle, a global property services provider.In late February, China's top legislature approved a revised insurance law...
China Investment Corp, the country's US$200-billion sovereign wealth fund, will subscribe US$20 million to US$30 million worth of shares in the initial public offering of Glorious Property Holdings Ltd on the Hong Kong Stock Exchange, market sources said today.It will be CIC's first investment in a mainland...
* Chinese firms to dominate domestic real estate investment * JLL sees sovereign wealth fund investing in China property * Global property market seen recovering in nine months BEIJING, Sept 21 - Chinese firms will...
Sun Hung Kai Properties<0016>, Hong Kong's largest developer by market value, expects to launch sales of units in ARIA Panorama, a luxury residential property project in Hong Kong, as early as next month, sources reported today.ARIA Panorama, which is located in Kowloon Peak, is comprised of five luxury...
Sun Hung Kai Properties<0016>, Hong Kong's largest developer by market value, sold 80 villas in Riverfront Phase One, a villa project in Guangzhou, Guangdong Province, for RMB 600 million or RMB 1,858 per square foot of floor area, sources reported.As the heart of Villa Charlotta, which is a part of Lake...
SEOUL, Sept 17 - South Korea needs to take both macro- and micro-economic policy measures to tackle growing property market problems, a high-ranking central bank official said on Thursday. Bank of Korea deputy governor Lee...
Sun Hung Kai Properties<0016>, Hong Kong's largest developer by market value, said Tuesday that its property sales in mainland China soared 587% year on year to HK$3.18 billion in the fiscal year ended Jun. 30. Sales in mainland China accounted for 12.4% of the developer's total sales revenue during the...