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China Property Market Cools

By Phil Butler | November 28, 2011
In news from Bloomberg this morning, the risks of buying property in China are apparently far outweigh benefits. A cautionary tale about Asia real estate now, after months and months of hype directed at that market, does not shine hope on a world market clearly in stagnation. The report from Bloomberg points to the potential of bank failures in China, should large property funds default.
International, Real Estate, US Real Estate

US Architectural Firm Wins Contract to Design Iconic Chinese Development

By Allison Halliday | August 29, 2011
RTKL Associates, who are based in Baltimore, have won a contract to design an iconic development along the Yangtze River, beating their British and French rivals. The firm was invited to submit plans for the mixed used project in Zhangjiagang, a city located around 60 miles west of Shanghai, by a subsidiary real estate subsidiary […]
Featured News, US Real Estate

Mapletree Investments Moves in Asia Pacific Dealings

By Phil Butler | July 30, 2011
In investment news from Singapore, Temasek Holdings has purchased a gigantic shopping mall in Kowloon for a reported $2.9 bilion. The investment giant, a unit of Mapletree Investments, bought Festival Walk from Hong Kong's Swire Pacific. The deal is, so far, the 3rd biggest deal in the Asia Pacific region this year.
Real Estate, US Real Estate

Ikea and Wal-Mart Buy Chinese Retail Space

By Allison Halliday | July 5, 2011
Ikea and Wal-Mart are just two of the foreign retailers choosing to buy land in China in a departure from renting. Last year, Wal-Mart, which is the largest retailer in the world, bought land in north-eastern Dalian, and Ikea is to spend $1.2 billion on building 510,000 square meters of malls. Foreign retailers are increasingly […]
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