Real Estate Management & Development
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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.
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HONG KONG, April 8- Hong Kong shares were set to start flat on Monday, as strength in Chinese footwear retailer Belle International offset weakness in local property developers after weekend sales volumes disappointed. The Hang Seng Index was set to open flat at 21,733.8.
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SHANGHAI, April 1- China shares closed weaker on Monday, but real estate counters rose after authorities unveiled tightening measures that were less stringent than the market feared. The property sub-index climbed 0.9 percent, led by Poly Real Estate, which gained 3.0 percent. Shenzhen- listed developer China Vanke rose 2.2 percent.
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HONG KONG, March 26- A series of tightening measures have put the brakes on Hong Kong's overheated property sector, forcing developers to cut prices and prompting a warning from Asia's richest man Li Ka- shing: speculators stay away.
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March 19- Cape Wind said Tuesday it expects to complete financing for its long-delayed 468- megawatt offshore wind farm and start construction of the project in federal water off Cape Cod, Massachusetts, by the end of the year.
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*Sony building sale closes- sources. NEW YORK, March 15- Japan's Sony Corp on Friday completed the sale of its U.S. headquarters for $1.1 billion to a group led by real estate developer the Chetrit Group, three sources familiar with the deal said.
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*China property weak after talk on strict curb-enforcement. HONG KONG, March 15- Hong Kong and China shares ended their worst week in three on a tepid note on Friday, dragged down by Chinese property developers after official media reported that new curbs on the housing market will be strictly enforced.
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NEW YORK, March 14- A prime Chicago parcel that was the site of an ill-fated project to build North America's tallest residential building may again have a chance to be developed, albeit on a smaller scale and by a different owner.
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HONG KONG, March 14- Hong Kong shares are set to start weaker on Thursday, with New World Development leading losses among local property developers after two of the territory's leading banks raised mortgage rates for the first time since 2011.. The Hang Seng Index was set to open down 0.3 percent at 22,484.3.
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PARIS, March 13- A Russian developer who plans to build what would be Europe's tallest residential towers in Paris said he had provisionally lined up financing from Russia's Sberbank towards the 2.3 billion euro project.
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HONG KONG, March 12- Hong Kong shares slipped from a three-week high on Tuesday, hurt by a soft mainland market as weakness in China Life Insurance offset strength in the local property sector after New World Development announced plans for a spinoff listing. The China Enterprises Index of the leading Chinese listings in Hong Kong fell 1.3 percent.
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China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
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*China has seen little commercial shale production so far. BEIJING, March 11- China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms awarded exploration rights in the latest auction lacked one core skill- not one has drilled a gas well before.
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MIAMI, March 10- Argentine developer Jose Luis Melo watched as Miami's real estate market reeled from the U.S. housing crash and thousands of the city's condominiums sat unsold-- and decided it was time to build. It was late 2010 and Melo, who runs the Melo Group real estate company with his two sons, bought a $1.4 million parcel of land near downtown Miami.
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*Vanke, Poly Real Estate down maximum 10 pct. HONG KONG, March 4- Hong Kong and China shares slumped on Monday, with the CSI300 suffering its heaviest single day loss in 28 months after Beijing hit property developers with more tightening measures to contain housing costs that were harsher than expected.
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HONG KONG, March 4- Chinese shares are poised for their worst daily loss in 28 months on Monday after Beijing hit property developers with harsher-than-expected tightening measures to contain housing costs.
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HONG KONG, March 4- Hong Kong and China shares fell sharply on Monday, with the CSI300 set for its worst day in two years after Beijing hit property developers with more tightening measures to contain housing costs that were harsher than expected. The announcement came ahead of the start of China's annual parliamentary meetings.
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China Vanke, the country's biggest real estate developer, said it's looking to extend its foreign investment drive beyond the high-end U.S. market, as Beijing weighs new measures to cool mainland property prices.
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LONDON, Feb 21- The builder of The Shard skyscraper in London will be the project manager for the planned $1.2 billion, 1,000- metre Kingdom Tower skyscraper in Jeddah, Saudi Arabia.
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Feb 20- Engineering company Fluor Corp on Wednesday reported slower-than-expected revenue growth and a quarterly loss due to a $265 million charge for the Greater Gabbard wind project off the coast of Britain.
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Prologis may own big industrial warehouses, but it will benefit from a recovery in the U.S. housing market, chairman Hamid Moghadam told CNBC on Wednesday.