Real Estate Development


  • *Industrial Bank partially halts funding ahead of more policy. HONG KONG, Feb 25- China shares hovered at their lowest in more than two weeks early on Tuesday, limiting gains in Hong Kong, with property developers staying under pressure as fears lingered the government would impose more lending curbs on the sector.

  • *Industrial Bank may have halted property loans- official Shanghai newspaper. HONG KONG, Feb 24- China shares suffered their biggest loss in seven weeks on Monday, hurting Hong Kong markets, after mainland news reports stoked fears that banks have tightened loans to property developers.

  • HONG KONG, Feb 24- China shares posted their biggest loss in seven weeks on Monday, led by property-related sectors after mainland news reports stoked fears that banks have begun tightening loans to developers ahead of next week's annual parliamentary meetings.

  • LONDON, Feb 19- Residential property in the second phase of the Battersea power station project in London will be offered for sale in the British capital before being marketed to overseas buyers, the scheme's Malaysian-backed developer said.

  • *Abu Dhabi property market recovery as fast as Dubai's. ABU DHABI, Feb 19- For years, Abu Dhabi's real estate market has paled next to its more dynamic, glamorous rival in neighbouring Dubai. Prime residential sale prices in Abu Dhabi jumped 25 percent and rentals climbed 17 percent in 2013, real estate advisory firm Jones Lang LaSalle estimated.

  • Bubble watch: Blackstone exec on housing health Thursday, 13 Feb 2014 | 1:46 PM ET
    Jonathan D. Gray

    Blackstone, which has made big bets on hotels, rental homes and other real estate in recent years, continues to be bullish on the sector.

  • HONG KONG, Feb 13- Thomas and Raymond Kwok, the billionaire co-chairmen of Sun Hung Kai Properties Ltd, had additional charges filed against them on Thursday in a bribery investigation surrounding Asia's largest developer, the company said on Thursday.

  • MUMBAI, Feb 12- India's Piramal Enterprises Ltd said it will join with Canada Pension Plan Investment Board to set up a $500 million fund to finance residential property projects in India.

  • *Genting Singapore, Landing International to develop $2.2 bln South Korea casino resort. HONG KONG, Feb 7- Casino operator Genting Singapore and Chinese property developer Landing International Development will develop a $2.2 billion casino resort in South Korea, joining global gaming firms rapidly expanding across Asia to court wealthy Chinese punters.

  • DUBAI, Feb 5- Dubai's largest real estate developer Emaar Properties regained an investment-grade credit rating on Wednesday, marking the emirate's strong recovery from its financial crisis five years ago.

  • *Almost 1 million workers estimated to have left country. DUBAI, Jan 22- The impact of Saudi Arabia's crackdown on illegal foreign workers is spreading through its economy, moving beyond the labour-intensive construction industry to sectors as far afield as banking and telecommunications.

  • UPDATE 1-Time Warner to relocate New York headquarters Thursday, 16 Jan 2014 | 2:32 PM ET

    Jan 16- Time Warner Inc will relocate its Manhattan corporate headquarters to the Hudson Yards development from Columbus Circle in a move to bring all its business units from HBO to CNN under one roof and save money.

  • Private wealth takes over global property market     Wednesday, 15 Jan 2014 | 12:21 AM ET

    A new report by Savills and Wealth-X shows high net-worth individuals are becoming bigger players in global real-estate. CNBC's Julia Wood reports.

  • HONG KONG, Jan 7- The number of properties sold in Hong Kong fell by more than a third last year to a 17- year low as a drastic increase in tax on home sales, introduced to tackle rising prices, easily outweighed discounts offered by the city's property developers.

  • UK housing market is 'polarized': Pro     Friday, 3 Jan 2014 | 2:10 AM ET

    Jon Neale, head of research at Jones Lang LaSalle, says there is no broad-based recovery in the U.K. housing market as prices are rising at different paces around the country.

  • Expect more China property regulations: Pro     Tuesday, 17 Dec 2013 | 8:35 PM ET

    Donald Han, Managing Director at Chesterton Singapore, outlines the different type of tightening measures the government could take to curb property demand.

  • BEIJING, Dec 6- A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the technically tricky fields, three industry sources said.

  • Grainne Gilmore, head of UK residential research at Knight Frank, and Ben Habib, CEO of First Property Group, discusses the U.K.'s latest housing policy and whether the housing market is in bubble territory.

  • Rajeev Talwar, group executive director of DLF, says there should be no barriers to foreign companies wanting to invest in India as it will be good for business.

  • Stephen Stone, chief executive of Crest Nicholson Group, says that Bank of England governor Mark Carney has probably seen signs of a housing bubble in the U.K. after the Funding for Lending Scheme for mortgages was withdrawn.

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