Real estate transactions and construction accounted for 12.7 percent of China’s gross domestic product and 15.1 percent of its GDP growth last year, according to The Wall Street Journal (quoting According to surrey, 90% viagra cialis levitra of men have … Continue reading →
Hong Kong, London, Moscow, Singapore and New York account for 40 percent ($2.2 trillion), of all global UHNWI (ultra-high-net-worth-individuals) real estate holdings, according to Savills. Hong Kong tops the list with $798bn followed by London ($676bn). As real estate prices … Continue reading →
Hong Kong Disneyland will spend US$550 million to build a 750-room hotel, increasing the total number of hotel rooms at the resort by 75 percent. The “exotic locations” themed hotel is expected to open in 2017. The are currently two … Continue reading →
In an effort to cool the residential housing market, China implemented a 20 percent capital gains tax on residential property effective March 1, along with higher down payment requirements for second home buyers. The previous capital gains tax rate was … Continue reading →
Commercial mortgage-backed securities (CMBS) issues are expected to reach $26 billion for the first quarter of this year – more than four times the amount issued in the first quarter of 2012 , according to The Wall Street Journal. Bank … Continue reading →
Average monthly office rents in Beijing are forecast to rise by six percent (from $7.22/sf in the last quarter of 2012 to $7.68/sf by the fourth quarter of 2013) in a market close to balanced between supply and demand, according … Continue reading →
The U.S. Patent and Trademark Office (USPTO) has granted Apple’s request for trademark/trade dress protection for the design and layout of its retail stores, according to Reuters. The description of the protection (granted on January 22) includes an “oblong table … Continue reading →
Between 2007 and 2011, total retail space in Hong Kong increased by 3.9 percent (6.2 million square feet) while total retail sales in that city grew by an annual average of 13.1 percent, according to South China Morning Post (quoting … Continue reading →
A report from the Bank of Korea states that the delinquency rate on commercial property-backed loans in Korea has risen to 1.44 percent – the highest level in three years, according For those individuals who do not want to venture … Continue reading →
Asian shopping mall developer CapitalMalls Asia Ltd. has set up CapitaMalls China Development Fund III – a $1 billion private-equity fund that will invest in Chinese retail properties, according to
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