Real Estate Management & Development

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• China shares post 4th weekly gain despite property weakness Friday, 24 May 2013 | 3:08 AM ET

  HONG KONG, May 24- China shares posted their fourth-straight weekly gain on Friday, despite weakness in property developers amid concerns that the Chinese economy may be slowing. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.6 percent, while the Shanghai Composite Index also closed up 0.6 percent at 2,288.5 points.

• Bidding nears for $9-14 bln Congo hydropower plant Saturday, 18 May 2013 | 12:13 PM ET

  PARIS, May 18- Chinese, South Korean and Spanish firms are vying to develop a hydropower project likely to cost between $9 billion and $14 billion on the Congo River, Congolese officials said on Saturday.

• NC House seeks rollback of building energy codes Tuesday, 14 May 2013 | 10:28 AM ET

  RALEIGH, N.C.-- A bill rolling back energy-efficiency standards for commercial builders passed a North Carolina House committee Monday.

• How Canadian Housing Bubble May Hit Its Big Banks Tuesday, 14 May 2013 | 7:01 AM ET

  

  Morningstar reports that Canada's banks and its housing finance agency may take serious losses if Canada's home prices decline.

• INTERVIEW-Adrian Cheng: updating a Hong Kong family empire for a changing China Monday, 13 May 2013 | 4:48 PM ET

  HONG KONG, May 14- He has trained on Broadway and been a Wall Street banker. The grandson of Hong Kong billionaire Cheng Yu-tung, who built up jeweller Chow Tai Fook and real estate titan New World Development, Cheng is one of a new generation of business leaders in Asia who are taking over the corporate reins from their ageing rags-to-riches forebears.

• Is the Canadian Housing Market Falling Apart? Monday, 13 May 2013 | 7:02 AM ET

  

  It seemed as if Canada had avoided the excesses of the housing bubble that hit so many nations. But now it may be catching up.

• China shares gain for 2nd straight week, lifted by property developers Friday, 10 May 2013 | 3:09 AM ET

  HONG KONG, May 10- China shares rose on Friday to close out their second-straight weekly gain, helped by strength in property-related counters as robust April sales from some developers overshadowed a pledge by the central bank to focus on containing inflation.

• Canada's Housing Market: The Next Big Short? Friday, 10 May 2013 | 1:38 AM ET

  

  Steve Eisman, the hedge fund manager who famously bet against mortgages in the United States, has recommended investors now bet against Canada's mortgage lenders and banks.

• Sanctions help to stoke Iran property boom but bubble feared Wednesday, 8 May 2013 | 10:05 AM ET

  *Tehran skyline transformed by construction boom. May 8- The Iranian property developer leant back in his chair, drew hard on a shisha pipe and looked down at photographs of a Tehran apartment block on his tablet computer.

• New World Devel plans Hong Kong hotels listing Thursday, 2 May 2013 | 9:44 AM ET

  HONG KONG, May 2- Hong Kong property developer New World Development plans to spin off and list three of its hotel properties in a initial public offering in Hong Kong. NW Hotel Investments will initially focus on Hong Kong but will also look to invest in internationally branded hotels in Asia.

• Development Secs eyes up to 500 mln of property loans Wednesday, 1 May 2013 | 5:55 AM ET

  LONDON, May 1- Britain's Development Securities. "We're in discussions with a number of financial institutions to acquire further loans, and those loans probably are in value of 200-500 million pounds," said Michael Marx, chief executive of the developer, which has investments in Manchester, Southampton and London.

• Dubai's Emaar predicts big increase in real estate business Wednesday, 1 May 2013 | 4:15 AM ET

  DUBAI, May 1- Emaar Properties, Dubai's largest property developer, expects its real estate business to increase drastically, and its recurring income will also grow, chairman Mohammed Alabbar told reporters on Wednesday.

• REFILE-Indonesia - Market factors to watch on May 1 Tuesday, 30 Apr 2013 | 10:16 PM ET

  STOCKS TO WATCH- Property developer PT Lippo Karawaci booked a 23 percent increase in first-quarter net profits to 252 billion Indonesian rupiah from 205 billion Indonesian rupiah at the same period last year, boosted by revenues that grew 26 percent to 1.48 trillion Indonesian rupiah, said CEO Ketut Budi Wijaya.- The Banyu Urip oil field at the Cepu block in Central Java, operated by a subsidiary of ExxonMobil, is expected to produce 165,000 barrels of oil per day by end of 2014, said the chairman of Indonesia's oil and gas regulatory task force SKK Migas, adding that the firm just started drilling 24 wells to boost oil output.- State construction firm PT PP plans to build two superblocks over the next 5-10 years in Surabaya, East Java and Jakarta with a total investment of up to 16 trillion Indonesian rupiah, said corporate secretary Betty Ariana.

• Indonesia - Market factors to watch on May 1 Tuesday, 30 Apr 2013 | 10:07 PM ET

  STOCKS TO WATCH- Property developer PT Lippo Karawaci booked a 23 percent increase in first-quarter net profits to 252 billion Indonesian rupiah from 205 billion Indonesian rupiah at the same period last year, boosted by revenues that grew 26 percent to 1.48 trillion Indonesian rupiah, said CEO Ketut Budi Wijaya.- The Banyu Urip oil field at the Cepu block in Central Java, operated by a subsidiary of ExxonMobil, is expected to produce 165,000 barrels of oil per day by end of 2014, said the chairman of Indonesia's oil and gas regulatory task force SKK Migas, adding that the firm just started drilling 24 wells to boost oil output.- State construction firm PT PP plans to build two superblocks over the next 5-10 years in Surabaya, East Java and Jakarta with a total investment of up to 16 trillion Indonesian rupiah, said corporate secretary Betty Ariana.

• STOCKS NEWS MIDEAST-Qatar's Barwa Real Estate hits 4-yr low on earnings Tuesday, 30 Apr 2013 | 4:02 AM ET

  0750 GMT- Qatar's Barwa Real Estate Co slumps to a four-year low after the property developer said its first-quarter profit fell by nearly half. The company made a net profit of 158.5 million riyals in the three months to March 31, down from 292.5 million riyals a year ago.

• Battle Over Empire State Building IPO Goes to Court Monday, 29 Apr 2013 | 9:32 AM ET

  

  The iconic Empire State Building has been at the center of battles for control by larger-than-life figures. A new one is coming to a head. The NY Times reports.

• Saudi Arabia may confiscate unused land for housing-minister Saturday, 27 Apr 2013 | 3:20 AM ET

  RIYADH, April 27- Saudi Arabia's housing minister said urban land left undeveloped could be confiscated to build much-needed homes, local media reported on Saturday. A royal decree earlier this month ordered ministries to give up land for development to the Housing Ministry.

• China shares have 3rd loss in four sessions, property sinks Thursday, 25 Apr 2013 | 3:04 AM ET

  HONG KONG, April 25- China shares posted a third loss in four sessions on Thursday, dragged by the property sector after local media reported that the banking regulator had instructed lenders to stop extending loans to developers guilty of "malpractices".

• China shares have 3rd loss in four sessions, property sinks Thursday, 25 Apr 2013 | 3:04 AM ET

  HONG KONG, April 25- China shares posted a third loss in four sessions on Thursday, dragged by the property sector after local media reported that the banking regulator had instructed lenders to stop extending loans to developers guilty of "malpractices".

• COLUMN-LNG buyers want lower prices, but risk lower supplies: Clyde Russell Tuesday, 16 Apr 2013 | 1:26 AM ET

  --Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, April 16- Amid the recriminations that pass for debate in Australia, one point was missed about the scrapping of Woodside Petroleum's $45 billion Browse liquefied natural gas project: nobody said the demand wasn't there.