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Construction Real Estate Management & Development

  • HONG KONG, Jan 13- Chinese technology conglomerate LeEco has secured a new round of investment worth 15.04 billion yuan from property developer Sunac China Holdings, according to a stock exchange statement made by Sunac on Friday. Sunac, through its real estate subsidiary Sunac Real Estate, said on Friday it plans to invest 6.04 billion yuan in LeEco's Shenzhen-...

  • WASHINGTON, Jan 12- U.S. Senate Democrats on Thursday pressed Ben Carson, Donald Trump's nominee to lead housing policy, on potential conflicts of interest between the agency he is set to run and properties in which the president-elect may hold a financial stake. The Department of Housing and Urban Development hands out billions of dollars each year to...

  • *Palm Hills soars on new project in West Cairo. DUBAI, Jan 4- Stock markets in the Middle East where foreign funds are most active outperformed for a second straight day on Wednesday, with Egypt's index hitting a record high while Saudi Arabia was dragged lower by profit-taking. Palm Hills Development jumped 8.5 percent after saying it signed an agreement with the...

  • BEIJING, Dec 30- China's top three real estate developers made combined sales of more than 1 trillion yuan in 2016, helped by soaring home prices in big cities, according to a ranking released by a private research agency on Friday. Evergrande Group, Vanke and Country Garden became the three biggest real estate vendors in 2016, by making 381 billion yuan, 362...

  • BEIJING, Dec 30- China's top three real estate developers made combined sales of more than 1 trillion yuan in 2016, helped by soaring home prices in big cities, according to a ranking released by a private research agency on Friday. Evergrande Group, Vanke and Country Garden became the three biggest real estate vendors in 2016, by making 381 billion yuan, 362...

  • BEIJING, Dec 28- China has suspended registration of private equity asset management plans for securities and futures brokerages for cases where money is lent to property developers or to illegally fund downpayments to buy property, three sources said on Wednesday. The new regulation applies to indirect and direct investment in residential projects in 16...

  • MEDIA- CHINA SEEKS TO CURB BROKERAGE INVESTMENT IN OVERHEATED. --China has proposed suspending registration of private equity asset management plans for securities and futures brokerages if the money is used to lend to property developers, illegally funding downpayments to buy property, a state-owned newspaper said on Tuesday. The proposal would apply to...

  • HONG KONG, Dec 18- China Vanke Co Ltd, the mainland's biggest property company by sales, said on Sunday it was terminating a key agreement to acquire a property development arm of Shenzhen Metro Group after it failed to get the approval of some of its major shareholders. Fearing a hostile takeover attempt by Baoneng, Vanke announced in June it had agreed to buy the...

  • BRASILIA, Dec 14- The Trump Organization Inc said on Wednesday it has pulled out of a hotel venture in Rio de Janeiro that is part of a criminal investigation in Brazil, with a Trump Hotels spokeswoman citing construction delays and differences in vision. "Unfortunately, the developers of the Rio de Janeiro hotel are significantly behind on the completion of the...

  • Dec 13- Hong Kong stocks steadied after a tumble the previous day, though some investors stayed on the sidelines ahead of a U.S. Sector performance in Hong Kong on Tuesday was mixed, with strength in the energy and materials stocks countered by weakness among real estate developers. An index tracking the property sector retreated nearly 0.6 percent, dragged by...

  • New York, Nov 23- When Anthony Sosnick was a real estate developer at the turn of the millennium, he took a little detour. He jumped in by launching Anthony Logistics for Men in 2000 out of his home in Bloomfield Hills, Michigan. The business eventually morphed into Anthony Brands, which now has five skincare labels targeted at both men and women; Anthony, Shaveworks,...

  • Nov 22- For months, North Dakota's Standing Rock Sioux tribe has been protesting the Dakota Access Pipeline's planned crossing under the Missouri River, adjacent to their lands, in part due to worries about contamination of their primary water source. The project, which has received little attention in the months-long fight over the Dakota Access pipeline, has...

  • MANILA, Nov 22- Two Philippine companies involved in the property sector announced on Tuesday plans to raise a combined $358.7 million from the capital markets next year to fund expansion plans. Property developer Filinvest Land Inc said it planned to raise 10 billion pesos via bond sale in the first quarter of 2017 to kick off its 30- billion pesos three-year...

  • BEIJING, Nov 14- China's real estate investment growth quickened in October to its highest since April 2014, suggesting the property market remains resilient even as home sales have been hit by a raft of tightening measures. China has also made it harder for property developers to issue bonds, which has discouraged real estate firms from raising funds for new...

  • Evergrande, the second biggest property developer by sales in China, purchased another 1.45 percent stake in Vanke for 4.2 billion yuan, it said in a filing to the Hong Kong stock exchange on Wednesday. In April, it bought a majority stake in Shenzhen- listed Calxon Group, in a $553 million deal. Evergrande also planned a backdoor listing in mainland China by...

  • BEIJING, Nov 9- Chinese President Xi Jinping congratulated Donald Trump on winning the U.S. presidency, state TV reported on Wednesday, telling him the two biggest economies in the world shared responsibility for promoting global development and prosperity. Trump, a real estate developer and reality TV host, stunned the world on Tuesday by defeating heavily...

  • BEIJING, Nov 9- Chinese President Xi Jinping congratulated Donald Trump on winning the U.S. presidency, state TV reported on Wednesday, telling him the two biggest economies in the world shared responsibility for promoting global development and prosperity. Trump, a real estate developer and reality TV host, stunned the world on Tuesday by defeating heavily...

  • Many of China's most indebted companies are developers. Home and residential land prices have soared in many parts of China this year, prompting authorities to introduce restrictions on buyers and the ability of developers to raise fresh funds. Over 20 cities have announced cooling measures over the past few weeks and the provider of China's official...

  • Craig and Burnell Scott’s primary residence.

    Rising housing values are offering some homeowners an opportunity to develop their own properties, offsetting their living expenses.

  • Storage facilities are becoming all the rage in Hong Kong as residents continue to seek space in an increasingly cramped city.