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Shanghai Daily,上海日报
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Real Estate


Wanda exits plan for London site

Chinese conglomerate Dalian Wanda said yesterday it was abandoning plans to buy a 470 million pound (US$606 million) plot of land in London. A spokesman for Wanda, controlled by one of China’s richest ...

August 23, 2017, Wednesday


SOHO China sees net profit climb in H1

SOHO China, which owns and operates the largest co-working space chain in Beijing and Shanghai, said yesterday that its net profit surged in the first half of this year amid higher valuation gains on investment...

August 23, 2017, Wednesday


Lack of new properties plagues housing market

ZERO new supply continued to plague Shanghai’s new housing market for the third consecutive week while sentiment among home buyers remained sluggish despite a slight rebound in sales. The area of new ...

August 22, 2017, Tuesday


Homebuilding slows in US

Workers doing concrete work in Chicago, Illinois in file photo. Homebuilding in the United States slowed in July, in large part due to a drop in construction of apartment buildings, the government said yesterday. The slowdown erased most of the gains recorded in a spike in June, and the pace of homebuilding has now decreased in four of the past five months, the Commerce Department said. ...

August 17, 2017, Thursday


Asian buyers vibrant in global real estate outlay

APPETITE for real estate investment around the world rose in the second quarter of this year with Asian buyers playing a vibrant role, data released yesterday by JLL, an international property advisor, ...

August 17, 2017, Thursday


Slower rise in home loans in July for 8th straight month

GROWTH of home loans in Shanghai slowed in July for the eighth consecutive month amid a cooler real estate market in the city, the Shanghai headquarters of the People's Bank of China said a statement ...

August 17, 2017, Thursday


New housing market suffers for another week

Shanghai’s new housing market continued to lose its strength with a double-digit decrease in sales and zero supply for the second straight week....

August 15, 2017, Tuesday


New home transactions in China rise at slower pace

THE value and area of new home transactions across China rose more slowly in the first seven months of this year as the market entered into a traditional low season for sales. Nationwide, about 5.7 trillion ...

August 15, 2017, Tuesday


Alibaba to help out in house rentals

Alibaba has signed an agreement with its home city government to use the company’s technology to create an online system for house rentals....

August 14, 2017, Monday


Pre-used home index drops for 2nd straight month

Weakness continued in Shanghai’s pre-used home market for another month as persistent shrinking transactions failed to cushion against price declines....

August 11, 2017, Friday


 

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