Construction Real Estate Management & Development

  • 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...

  • Supply is especially acute in the frothiest markets of Toronto and Vancouver, where strict greenbelt rules and limited transit beyond protected land hamper development. "The cultural social norm is something that is really hard to provide in Vancouver and Toronto." In the last 12 months, house prices are up 14.6 percent in Toronto and 25.8 percent in Vancouver,...

  • NEW YORK, Sept 21- American Dream, New Jersey's long-stalled mega-mall and entertainment complex, faces a renewed legal challenge from a nonprofit group seeking to block $1.15 billion in tax-exempt financing that developers say they need to finish the project. The New Jersey Alliance for Fiscal Integrity on Wednesday revised an appeal it now has before state...

  • BEIJING, Sept 21- China's listed property developers issued 960 billion yuan in bonds as of Sept. 19, more than three times the amount in the same period last year, financial magazine Caixin reported, citing data from WIND, a Chinese financial data provider. The biggest property bonds issuers this year include Dalian Wanda Commercial Properties and Guangzhou R&F...

  • LYNDHURST, N.J., Sept 15- New Jersey re-affirmed its support on Thursday for a $1.15 billion municipal bond deal to finish building a long-stalled mega-mall and entertainment complex after a lawsuit challenged the use of such tax-exempt public financing. Proceeds will fund construction of the $2.7 billion American Dream project in New Jersey's Meadowlands...

  • PRESS RELEASE- UK GOVT STATEMENT ON EDF HINKLEY POINT DEAL@. PARIS, Sept 15- Below is the text of a UK government statement announcing a new deal with French utility EDF for the construction and operation of the Hinkley Point C nuclear project in southwest England. However, ministers will impose a new legal framework for future foreign investment in Britain's...

  • HONG KONG/ LONDON, Sept 8- Henderson Global Investors, which froze its open-ended UK property fund in the wake of Brexit, has sold one of its prized London office properties to Chinese developer China Vanke, the buyer said on Thursday. While UK property funds were hit by heavy redemptions after Britain's June 23 vote to leave the European Union as investors feared...

  • *Segro shares fall 2.7 pct to 443 pence at 1221 GMT. Sept 2- Segro Plc, Britain's largest listed industrial property developer, shook off wider Brexit concerns on Friday, raising 325 million pounds to develop new logistics warehouses as "e-retailing" grows across Europe. Property was one of the sectors hardest hit by Britain's June 23 referendum to leave the...

  • *Segro shares fall 2.6 pct to 443.5 pence at 0917 GMT. Sept 2- Segro Plc, Britain's largest listed industrial property developer, shook off wider Brexit concerns on Friday, raising 340 million pounds to develop new logistics warehouses as "e-retailing" grows across Europe. Property was one of the sectors hardest hit by Britain's June 23 referendum to leave the...

  • Sept 1- Canada Pension Plan Investment Board bought a 50 percent interest in a Canadian office portfolio from real estate developer Oxford Properties Group for about $1.18 billion. The portfolio includes five office buildings in downtown Toronto and two in Calgary, with a combined area of 4.2 million square feet, CPPIB said. Following the deal, Oxford and CPPIB...

  • *Interest in China property shares rekindled by Financial Street. *Hong Kong stocks seen benefiting from the Shenzhen Connect. SHANGHAI, Aug 18- China stocks rose on Thursday morning, helped by a resurgence in real estate shares, as Financial Street become another developer, after Vanke, to be caught up in M&A-driven share surges.

  • BUENOS AIRES, Aug 10- Things are looking up for Argentina's high-end real estate sector after it struggled for years under former President Cristina Fernandez's unorthodox economic policies, industry leaders told Reuters this week. Eduardo Costantini has made a name for himself in recent decades with luxurious residential mega-projects, such as the...

  • *Japan is not blowing bubbles, but economists still wary. TOKYO, Aug 10- Anyone visiting the Bank of Japan these days cannot miss the construction site across the street that takes up a whole city block, part of a renaissance in real estate development that is sweeping the country. Offices, apartments and hotels are popping up in major cities across Japan as the BOJ's...

  • SHANGHAI, Aug 8- China shares rose on Monday, as a surge in coal stocks and sustained interest in property shares ignited by drama involving a major developer offset the impact of worse-than-expected trade data. Both China's blue-chip CSI300 index and the Shanghai Composite Index climbed 0.9 percent, to 3,234.18 points and 3,004.28 points, respectively.

  • Aug 4- India's upper house of parliament backed a major tax reform on Wednesday that seeks to transform the country into a common market, though opposition benches urged Finance Minister Arun Jaitley not to overtax businesses and consumers. *Economists project an increase of 0.4-0.8 percentage points in India's economic growth within three to five years of...

  • SHANGHAI, Aug 4- China stocks ended Thursday roughly flat, even as most other Asian markets rallied, with investors put off by signs that Beijing is trapped between unappealing policy alternatives as it battles to stimulate the sluggish economy. On the same day, the National Development and Reform Commission, China's state planner, said the country will find an...

  • 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.