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Real Estate Development

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  • ABU DHABI, May 12- Payments for completing projects should drive revenue growth at Aldar Properties in the next two quarters, as the largest property developer in Abu Dhabi benefits from a rebound in the local real estate market, its finance chief said.

  • OSAKA/ TOKYO, May 11- Two U.S. billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts- once the government gives the go-ahead to legalise gambling.

  • OSAKA/ TOKYO, May 11- Two U.S. billionaires are betting on rival cities, Tokyo and Osaka, to be the first in Japan to open casino resorts- once the government gives the go-ahead to legalise gambling.

  • SHANGHAI, May 9- China's efforts to cool its property sector look to have been more effective than intended, as a sharp drop in construction activity and falling prices threaten what had been one of few firing engines of the world's second-largest economy.

  • HONG KONG, May 8- Thomas and Raymond Kwok, the billionaire co-chairmen of Sun Hung Kai Properties Ltd, Asia's largest developer, went on trial on Thursday in Hong Kong's biggest corruption case since the city's anti-graft agency was formed nearly 40 years ago.

  • BEIJING, May 6- China shares ended flat on Tuesday, surrendering gains of the morning session as investor sentiment cooled on worries about rapidly slowing demand in the key real estate sector. China Vanke Co Ltd was up 0.7 percent, while Beijing Urban Construction and Investment Co Ltd gained 1.2 percent.

  • China shares up on railway sector, property mixed Tuesday, 6 May 2014 | 12:44 AM ET

    BEIJING, May 6- China shares steadied on Tuesday, with gains limited by weakness in the property sector as investors braced for any signs of financial distress among developers as the market cools.

  • BEIJING, May 5- Wang Jing, the enigmatic businessman behind Nicaragua's $50 billion Interoceanic Grand Canal, shrugs off scepticism about how a little-known entrepreneur can be driving a huge transcontinental project, insisting he's not an agent of the Beijing government.

  • BEIJING, April 26- China aims to start building more than 7 million units of public housing this year, the Ministry of Housing and Urban-Rural Development said on Saturday, signalling the latest government move to counter high property prices.

  • Bond guru Gundlach calls for shorting homebuilders Friday, 25 Apr 2014 | 3:46 PM ET
    Jeffrey Gundlach

    Home ownership rates in the United States will likely fall to levels last seen in the 1980s, Jeffrey Gundlach says.

  • China's property loans climb in Q1 Friday, 25 Apr 2014 | 6:23 AM ET

    Strong demand for property loans suggests China's housing market remains resilient even if growth is cooling. China's property market has lost steam since late 2013 as authorities tightened controls on speculative buying, and as banks made it harder for home buyers and small developers to get loans.

  • NEW YORK, April 23- The board of the Port Authority of New York& New Jersey on Wednesday delayed a scheduled vote on whether to provide $1.2 billion in loan guarantees to World Trade Center developer Larry Silverstein, the latest holdup for the project.

  • Keystone pipeline decision delayed Friday, 18 Apr 2014 | 3:04 PM ET
    Pipe is stacked at the southern site of the Keystone XL pipeline in Cushing, Oklahoma.

    The Keystone XL pipeline government comment period has been extended, a move that likely postpones a final decision until after the mid-term elections.

  • HONG KONG, April 9- China Vanke Co Ltd, the country's largest listed real estate developer, is looking to invest in property firms held by state-owned enterprises as Beijing gradually relaxes its hold on government assets. As part of the government's reform plans, Beijing has promised to allow more private participation in state-owned enterprises.

  • HONG KONG, April 9- China Vanke Co Ltd, the country's largest listed developer, is interested in investing in property units of state-owned enterprises as Beijing opens up state-dominated industries to private capital. We are willing to cooperate, "Vanke president Yu Liang told a real estate forum in Hong Kong on Wednesday.

  • FENGHUA, China, April 3- To understand why many of China's small property developers are struggling, look no further than Zhejiang Xingrun Real Estate. The once little-known regional developer is now on the brink of becoming one of China's biggest real estate bankruptcies in recent memory. Some markets saw outright price declines, in particular Ningbo.

  • SHANGHAI, April 2- Mainland property stocks soared on Wednesday after state media reported that several cities may relax house ownership restrictions. The CSI300 property sub index was up 4.1 percent in morning trading, led by Hua Yuan Property Co Ltd and Beijing Capital Development Co Ltd which both reached their daily 10 percent trading limits.

  • Why Wilbur Ross likes European property     Monday, 31 Mar 2014 | 8:07 PM ET

    Wilbur Ross, Chairman & CEO of WL Ross, says an influx of Europeans are snatching up property in Mediterranean nations, which makes them attractive.

  • WASHINGTON, March 20- Emily Hanson would like to buy a house, but she worries that she and her husband may have to move across the country to achieve their goal. In December, Emily, a 30- year-old student, and Nels Hanson, a 33- year-old software developer, began searching in Boston, where a shortage of homes for sale has driven up prices.

  • Chinese stocks fall on property sector concerns Wednesday, 19 Mar 2014 | 3:07 AM ET

    HONG KONG, March 19- China shares fell on Wednesday, pulled down by the property sector as the country's central bank denied it had been involved in talks to assist a small developer at risk of bankruptcy. The CSI300 of the leading Shanghai and Shenzhen A-share listings slipped 0.8 percent.