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Real Estate Management & Development Real Estate Development

  • BEIJING, Oct 28- China's property developers will not be allowed to issue bonds to raise money for land purchases, a Chinese newspaper reported on Friday, in an attempt to cool a property frenzy in the world's second-largest economy. The Shanghai Stock Exchange has issued a letter to bond underwriters to thoroughly investigate how property developers would...

  • BEIJING, Oct 28- Residential land prices in China's first-tier cities soared 19.02 percent on-year in the third quarter, while prices diverged dramatically between cities in other tiers, Ministry of Land and Resources data showed. Residential land prices in China's four top-tier cities- Beijing, Shanghai, Shenzhen and Guangzhou- climbed 19 percent to an...

  • Installations of wind capacity fell to 895 megawatts during the quarter from 1,603 a year earlier, according to a quarterly report by the American Wind Energy Association. All of the capacity added during the quarter was in two states: Texas, the nation's top state for installed wind capacity, and Minnesota. The pace of wind energy development has been highly...

  • CAIRO, Oct 27- China Fortune Land Development Company expects to finalize its $20 billion deal to develop part of Egypt's new capital by the end of 2016 and break ground early next year, a partner on the project told Reuters. Egypt's ambitious plan to construct a new metropolis 45 km east of Cairo made a big splash when it was announced in March 2015 at a Sharm...

  • CAIRO, Oct 27- China Fortune Land Development Company expects to finalise its $20 billion deal to develop part of Egypt's new capital by the end of 2016 and break ground early next year, a partner on the project told Reuters. Egypt's ambitious plan to construct a new metropolis 45 km east of Cairo made a big splash when it was announced in March 2015 at a Sharm...

  • *Palm Hills expects deal to be signed by year-end. CAIRO, Oct 26- Egyptian property company Palm Hills expects to sign a revenue-sharing deal with the government this year to develop what would be the country's second-largest real estate project, one of its co-chief executives said. Abdel Rahman said Palm Hills aims to have the contract signed by the end of the...

  • Singapore's commercial property outlook may have turned grim, according to forecasts from Colliers.

  • MEXICO CITY/ MADRID, Oct 25- Tycoon Carlos Slim's construction arm is in talks with his majority-owned construction firm FCC and rival Spanish builder Acciona to jointly bid on a coveted $3.5 billion Mexico City airport terminal project, five people familiar with the matter said. The bid for the terminal, hot on the heels of Carso's runway bid, shows how Slim,...

  • Barry Sternlicht

    With home prices rising and the election almost over, one hotel chief is bullish on the post-election real estate market.

  • *Half of London luxury pipeline subject to change- agent. *Graphic on London prime housing: http://tmsnrt.rs/2eb661D. Oct 20- High-end property developers in London are restricting the supply of homes to prevent further price falls by selling entire apartment blocks to funds for rental, according to agents and investment managers.

  • *Dubai's DXBE jumps for third day before theme parks open. DUBAI, Oct 20- Saudi Arabia's stock market rose sharply on Thursday as banks rallied after the kingdom's mammoth international bond sale, which could help to unclog liquidity bottlenecks in the economy. "This issuance is a very welcome development for the Saudi equity market and the banking sector in...

  • VANCOUVER, Oct 19- A tax on foreign buyers aimed at cooling Canada's priciest property market has forced some developers and builders of detached Vancouver homes to hit the pause button, but has had much less effect on the city's condominium market, according to industry players. Vancouver home sales in September were down by about a third from a year earlier...

  • BEIJING, Oct 19- China must brook no delay in cutting out "tumours" in the property market to ensure healthy market development in the long term, the Xinhua state news agency said in a commentary on Wednesday. Xinhua applauded the housing ministry's recent announcement on cracking down on nine types of misconduct by real estate developers, noting that property...

  • BEIJING, Oct 19- China's Guangzhou city will step up its monitoring of irregular activities in the property market while developers in Wuhan will be more closely scrutinised as the government intensifies efforts to cool real estate prices across the country. A rapid rise in property prices in China's major cities this year has raised fresh concerns about...

  • *China Jan-Sept property investment +5.8 pct y/y. BEIJING, Oct 19- September's investment in Chinese real estate showed its strongest growth since May as booming construction, sales and prices contributed handsomely to third quarter economic expansion of 6.7 percent- offsetting stubbornly weak exports. Property investment rose 7.8 percent in September...

  • The annual rich list of China's movers and shakers gives a temperature check on where money is flowing in China, and underlines the growing financial muscle of the country's super-rich- a trend that has been fuelling a boom in global deals. Yao has been at the centre of a hostile takeover battle for China's largest real estate developer China Vanke Co Ltd..

  • The annual rich list of China's movers and shakers gives a temperature check on where money is flowing in China, and underlines the growing financial muscle of the country's super-rich- a trend that has been fuelling a boom in global deals. Yao has been at the centre of a hostile takeover battle for China's largest real estate developer China Vanke Co Ltd..

  • BEIJING, Oct 12- China's securities regulator is looking to tighten rules for listed real estate firms to issue bonds and offer private placements, in a move to curb excessive capital flowing into the property market, the official Shanghai Securities News reported on Wednesday. A wave of restrictions imposed on housing markets in major Chinese cities last...

  • HONG KONG, Oct 11- A wave of restrictions imposed on housing markets in major Chinese cities last week have unnerved some buyers and developers, cutting the area of new homes sold in places such as Beijing and Shenzhen by more than half. More than 20 cities have imposed measures, including higher mortgage downpayments, to cool hot property markets that have raised...

  • LAGOS, Oct 10- General Electric confirmed its a "keen interest" in acquiring a Nigeria railway concession project worth around $2 billion, the U.S. company said on Monday. Growth in Nigeria- an OPEC member whose economy has slipped into recession for the first time in more than 20 years after being hammered by low oil prices- has been stunted for decades by a lack of...