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China adds REITs as way to cool property market

BEIJING/HONG KONG: In a latest salvo aimed at its property market, China is getting ready to launch a real estate investment tool that will give investors an alternative to bricks and mortar, and move to cool a market where prices have risen at the fastest pace in five years.

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China property buyers find it harder to get financing

HONG KONG: Shanghai property investor Bob Gu faces a dilemma. He is planning to sell some assets to take advantage of the current market peak and, later during the anticipated home price correction, buy a high-end property to upgrade his portfolio."But I am afraid my plan may not be working as it is not easy to re-enter the market, with banks starting to tighten lending.

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Hong Leong Group may double property investments in China to RM31 billion

KUALA LUMPUR: Malaysian conglomerate Hong Leong Group's unit GuocoLand Ltd may double its real estate  investments in China to some 66 billion yuan (RM31 billion) within two years in anticipation that lawmakers move to cool the property market in the world's third largest economy will create viable investment opportunities, Bloomberg reported.

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Strong return of regional real estate funds

Regional real estate funds have been very quiet in Asia since mid-2008 — cautious about the impact of the US’ economic woes, besides the slowdown in the Singapore and Hong Kong markets then.

However, the middle of last year saw the mood change. Funds started buying into strategic real estate investments in Singapore, Hong Kong, Japan and China.

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