China
Real Estate News

Hong Kong Residential Prices Forecasted to Rise 5 Percent in 2017

Hong Kong Residential Prices Forecasted to Rise 5 Percent in 2017

According to JLL's Year-end Hong Kong Residential and Land Market Review 2016, notwithstanding the latest stamp duty measure, residential prices are expected to rise up to 5% next year. Read More »


Miami's Lincoln Road Remains Among Top Global Retail Streets

Miami's Lincoln Road Remains Among Top Global Retail Streets

According to Cushman & Wakefield's latest Main Streets Across the World report, Miami's Lincoln Road remained the fourth most expensive retail street in the Americas with average rents of $325 per square foot per year. Read More »

Shanghai Tower Awarded 2016 Title: Best Tall Building Worldwide

Shanghai Tower Awarded 2016 Title: Best Tall Building Worldwide

China's new Shanghai Tower was just named the "Best Tall Building Worldwide" by the Council on Tall Buildings and Urban Habitat (CTBUH) this past week. Read More »

Asia Pacific Property Investment Remained Strong in Q3

Asia Pacific Property Investment Remained Strong in Q3

According to CBRE's Q3 2016 MarketView data for the Asia Pacific region, overall property investment turnover during Q3 picked up slightly with an increase in transaction volume of 5.6% quarter-on-quarter to $24.6 billion. Read More »


Global Property Spotlight

Central Florida Executive Resort-Style Residence Available

Central Florida Executive Resort-Style Residence Available

Expertly designed from the inside-out with a brilliant use of space and attention to detail in that each room shares many common features. Read More »

Last Updated December 2, 2016 9:00 AM ET

China

This past week China's economy posted 6.7% y-o-y GDP growth in Q3 2016, on par with H1 2016 levels.

According to new research from CBRE Group, Asian investment in global commercial real estate is on track to set a new record in 2016, with the Americas the leading target region.

It's been a year since China surprised the world by allowing greater flexibility in the renminbi exchange rate, resulting in its drop in value by a record 1.9 percent against the US dollar.

A newly launched index that derives the price of prime residential and commercial development land in 13 major cities across Asia, saw mixed results in the first half of 2016.

Chinese investors dominated Asian outbound investment in the first half of 2016, accounting for 60%, or $16.1 billion, of total investment.

The Macau property market continued to consolidate in 1H16, albeit at a slower rate, following 25 consecutive months of decline in the city's gaming revenue.

Hong Kong is constrained by a weakening economy and uncertainties around the market continues, local developers are adopting an increasingly conservative bidding strategies in government land sales.

Hong Kong has become the world's highest-priced office market as Asia continued to dominate the list of the world's most expensive office locations, accounting for seven of the top ten markets.

According to CBRE's second-edition of Four Quadrants Asia Pacific, as several interest rate cuts were recorded across the region, debt financing turned more active while the equity funding market slowed down.

According to CBRE recently released Greater Pearl River Delta Infrastructure Outlook report, which explores how infrastructure projects in the Greater Pearl River Delta (GPRD) will foster long-term development in the commercial real estate market.

Total commercial property investment turnover in Asia Pacific in the first quarter of 2016 declined by 36% quarter-on-quarter.

According to the latest Skyscraper Index from Knight Frank, office rents in London's skyscrapers are rising faster than those in any other global city.

According to a new global report CBRE, the worldwide shopping center development pipeline has continued to increase, reaching 41.9 million square meters in 2015.

Hong Kong home sales dropped 39% quarter-over-quarter to an all-time low of 6,221 in the first quarter of 2016, as market uncertainties continued to deter buyers.

Growing concerns over the health of the global economy, workforce strategies and rising cost and speed of business are heavily influencing real estate decision-making.

According to a new International retail report by CBRE, China was the top market in Asia Pacific and the fourth most popular destination globally.

The global aging population will drive real estate transaction volumes to surpass $1 trillion globally by 2020, up from $700 billion in 2015.

Retailers are expanding their networks of stores internationally this year despite the presumed headwind of online shopping.


Page
×
WORLD PROPERTY JOURNAL
 
Free News Alerts
 

Sign up now to receive the latest local & global real estate news in your inbox.

GO