Category: Property

Hotel Development to sell Australia assets projects

The Hong Kong-indexed unit of Chinese developer Dalian Wanda has entered into a settlement to promote the rights and pursuits of sure Australian assets initiatives. In a Tuesday submission to the Hong Kong Stock Exchange, Wanda Hotel Development said it …

U.S. Logistics property portfolio

OSLO (Reuters) – Norway’s $1.1 trillion sovereign wealth fund and real estate company Prologis Inc. (PLD.N) have sold 27 logistics houses from their joint U.S. Portfolio to a unit of Blackstone (BX.N), the fund stated in a statement on Thursday. …

Challenging’ London property market

Estate agent Foxtons’ profits crashed in the closing year because it faced “challenging situations” in the capital. In a buying and selling statement, this is trendy in a series of gloomy updates the company issued during 2017; the London-based company …

China Starts Experiment to Tame Its Wild Property Market

Chinese President Xi Jinping has unleashed the sector’s largest test to tame runaway asset costs. After Xi used a milestone Communist Party Congress in October to push a housing model that emphasizes renting, a flurry of the hobby is underway …

Countrywide CEO actions show assets divide

Two assets chief executives have determined to % up to their assets and circulate. Stephen Stone of housebuilder Crest Nicholson is leaving the Surrey town of Chertsey after 12 years in situ. Alison Platt of property agent Countrywide, via evaluation, …