The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling battles with creditors and former employees.
China Vanke, the country’s largest property developer by market share, suffered its biggest year-to-year decline in sales this year in November, the latest sign that China’s property prices are due for a correction.
China’s central bank acknowledged for the first time that the country’s housing prices have reached a turning point, following a decline in property investment, land transaction volumes and prices.
London & Stamford Property is planning to set up the country’s first residential real-estate investment trust amid hopes of further regulatory relaxation by the government.
The Beijing branches of China Construction Bank Corp., the country’s largest mortgage lender by assets, have raised the mortgage rates for first-time home buyers, the state-run Xinhua news agency reported Sunday.
Sweden’s property market is in robust health. At the country’s biggest-ever property auction, which got under way in Stockholm this week, 25 properties were sold for a total of $137 million.
China Vanke, the country’s largest property developer by market share, said sales in August fell from a year ago due to a slower pace of project launches and lower average sales prices.
LoopNet, Inc. , a leading provider of commercial real estate marketing, technology and information services and operator of the most heavily trafficked commercial real estate marketplace, today announced that LoopNet enterprise client The Shopping Center Group , one of the country’s leading retail real estate advisory companies, has been honored with a 2011 “Digie” award for its private label … Continue reading here: LoopNet’s iPad/iPhone App for Enterprise Solution Customer – The Shopping Center Group – Wins 2011 “Digie” Award at …
The owners of the Willis Tower in Chicago, North America’s tallest building, are looking to recapitalize or sell the property, in the latest sign of rising commercial-real-estate values in the country’s top markets.
Costar… Cassidy Turley announced its intention to acquire the brokerage and property management operations of Atlanta-based commercial real estate services firm Carter, a move that would gain it a significant foothold in the Atlanta and Central Florida markets. Carter, founded in 1958, employs 350 professionals at its headquarters and full-service office in Atlanta along with a full-service office in Tampa and other offices around the country. The firm… View original post here: Updated: Cassidy Turley Bolsters Southeast Presence With Carter Acquisition Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
Costar… With occupancies and rents beginning to rise in two of the country’s most prestigious biotechnology clusters, life science space is becoming one of the few niches enjoying bona fide development plays in 2011. Nowhere in the country has the tightening of lab space supply been more evident than in the supply-constrained San Francisco Bay Area — especially in South San Francisco and the San Francisco CBD, where leading life science owners and developers… Excerpt from: LAND GRAB: Developers Ease Back Into Life Science Market As Supply Tightens Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
Costar… GA Keen Realty Advisors has been retained to assist in the marketing and disposition of 70 leased properties across 21 states operated by Metropark – a high-end clothing company that filed for bankruptcy earlier this month. “Metropark has locations in some of the best malls and centers in the country, with great locations within those malls with build-outs that are first class,” said Matthew Bordwin, co-president of GA Keen Realty Advisors. “This… The rest is here: Metropark To Shutter All 70 Stores Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net
This spring, more than 1,500 students will be completing graduate-level real-estate programs that have sprouted in some 70 U.S. universities and colleges throughout the country. The job outlook isn’t promising.
It is spring selling season for U.S. mall landlords, with property giants Westfield Group, Simon Property Group and General Growth Properties marketing 40 malls across the country.
Morgan Stanley is selling a popular Chinese budget motel chain which could fetch up to US$1 billion, as foreign and local hoteliers scramble to buy into the country’s travel boom.
By Bloomberg News June 20 (Bloomberg) — The following is a translation of portions of the question-and-answer-style statement on yuan exchange rate reform issued by the People’s Bank of China today. Is further yuan reform in China’s interests?
By Bloomberg News June 20 (Bloomberg) — China said it will allow a more flexible yuan, signaling an end to the currency’s two-year-old peg to the dollar a week before a Group of 20 summit. The decision was made after the world’s third-largest economy improved, the central bank said in a statement on its website yesterday, without indicating a timeframe for the change