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Real Estate Development

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  • HONG KONG, June 12- Internet financing, a fast-growing source of funding for small companies and start-ups, is finding an unlikely new class of customer in China- billion-dollar real-estate developers having a tough time securing loans from traditional sources. Before China's property market hit the skids in early 2014, developers relied heavily on the...

  • Abu Dhabi ruler issues law to regulate property market Thursday, 11 Jun 2015 | 4:50 AM ET

    DUBAI, June 11- Abu Dhabi's ruler has issued a decree to regulate and improve transparency in the emirate's real estate sector, requiring brokers and developers to be licensed and introducing rules to protect buyers of projects that are not yet completed. Sheikh Khalifa bin Zayed al-Nahyan, who is also president of the United Arab Emirates, said Abu Dhabi would...

  • *China approves nearly 2 tln yuan of projects in year. SHANGHAI, May 22- The concrete building shells, attended by motionless cranes and piles of rubbish, were supposed to be an affordable housing project for nearly 40,000 Shanghai residents, but now stand testament to China's slowing economy. Though China has since the start of last year given the green light to...

  • MELBOURNE, May 13- London copper edged down on Wednesday ahead of data on factory activity in China, but losses were limited as the country's real estate developers pledged to boost investment after an interest rate cut, brightening the prospects for copper demand. *The most-traded July copper contract on the Shanghai Futures Exchange climbed by 0.6 percent to...

  • Google's headquarters plan loses out to LinkedIn's Wednesday, 6 May 2015 | 7:16 PM ET
    A rendering of an aerial view of Google's proposed North Bayshore campus in Mountain View, Calif.

    LinkedIn was awarded 1.5 million square feet to expand its offices, The New York Times reports.

  • This city may lose its skyscraper crown Wednesday, 22 Apr 2015 | 12:33 AM ET
    New York's One World Trade Center, the tallest building in the Western Hemisphere

    Skyscraper rents in Hong Kong are still the world's highest, but the city is in danger of losing its crown to New York, Knight Frank said.

  • Why Kaisa’s default isn’t a sign of more to come Tuesday, 21 Apr 2015 | 2:10 AM ET

    Despite fears Kaisa's bond default may herald of a wave of more to come from China, the developer's troubles may be more of a one-off soap opera.

  • Aussie property’s bubbly days are numbered: Goldman Tuesday, 14 Apr 2015 | 11:32 PM ET

    Australian property prices are looking bubbly, but the surge may soon hit a wall due to few births, high mortality and sparse migration, Goldman said.

  • HONG KONG, April 15- Growth in China's real estate investment in the first quarter slowed to the lowest rate since 2009 as developers prioritized clearing inventory amid a housing glut, while the rate of fall in property sales narrowed. Growth in China's gross domestic product, of which real estate comprises about 15 percent, slowed to a six-year low of 7.0...

  • April 15- Growth in China's real estate investment eased to 8.5 percent in the first quarter from a year earlier as developers made clearing inventory their priority amid a housing glut. The rise in investment, reported by the National Bureau of Statistics on Wednesday, compared with an increase of 10.4 percent in the first two months of 2015, with the rate of...

  • Indonesia’s property tax delay: Sop to the rich? Tuesday, 14 Apr 2015 | 9:48 PM ET

    Reforms of Indonesia's easily-sidestepped luxury property taxes may be on ice, but the taxman is likely still coming for the wealthy, analysts said.

  • MOSCOW, April 14- Russian residential real estate developer Etalon said on Tuesday it expected new contract sales to decline by no more than 30 percent this year. First-quarter new contract sales fell 58 percent to 3.8 billion roubles after a buying spree in the fourth quarter of 2014 caused by the rouble depreciation. The company said that sales in the first...

  • Is the next shoe dropping on Singapore property? Tuesday, 7 Apr 2015 | 10:53 PM ET

    Singapore's high-end property developers faced with a ticking clock may take drastic measures to avoid steep charges for unsold units.

  • *Chairman's role in Egypt mega-project raises eyebrows. DUBAI, April 2- As chairman of Emaar Properties, Mohamed Alabbar has shaped much of Dubai's skyline, but rapid growth in his outside real estate interests is raising the possibility of a rarity in the Gulf- open shareholder dissent. His involvement in other firms' projects, such as a planned $45 billion city in...

  • BELGRADE, March 31- The vista of rusting boats and drab wasteland that greets visitors passing over the river Sava into Belgrade is set to be transformed into a futuristic forest of skyscrapers under ambitious redevelopment plans that have left Serbs deeply split. The project marks the first foray into central and eastern Europe by Abu Dhabi- based Eagle Hills...

  • BELGRADE, March 31- The vista of rusting boats and drab wasteland that greets visitors passing over the river Sava into Belgrade is set to be transformed into a futuristic forest of skyscrapers under ambitious redevelopment plans that have left Serbs deeply split. The project marks the first foray into central and eastern Europe by Abu Dhabi- based Eagle Hills...

  • Some industry experts forecast home prices to fall by over a third by end-2016, clouding the prospects of major developers CK Hutchison Holdings Ltd, owned by Asia's richest man Li Ka- shing, and Sun Hung Kai Properties Ltd.. An increase in U.S. rates would also trigger a rise in Hong Kong because the local currency is pegged to the U.S. dollar, paving the way for...

  • India's aims to cure property hangover with discounts Wednesday, 18 Mar 2015 | 7:15 PM ET

    India's property developers are turning to promotional gimmicks as they struggle to sell billions of dollars worth of unfinished homes.

  • MUMBAI, March 19- India's debt-laden property developers are turning to deep discounts, free parking spots and even gimmicks like gifts of gold coins and motorbikes as they struggle to sell billions of dollars worth of as-yet unfinished homes. It's not just bad news for developers in megacities like Mumbai, now seeking ways to offload inventory with...

  • HONG KONG, March 18- Chinese banks have extended Evergrande Real Estate Group a 100 billion yuan credit lifeline, as a slump in China's key property sector pressure one of the biggest and most indebted developers. Evergrande, China's fourth largest property developer by sales, said the credit lines had been extended by four major state-owned banks since...