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China firms lose appetite for Hong Kong assets after Beijing tightens capital controls

Mainland Chinese companies, the big money behind Hong Kong’s real estate market since 2015, will see a decline in their investment appetite for the city’s assets following Beijing’s tighter capital controls on overseas investments, pushing down property prices over the medium term, say analysts. Even though individual mainland Chinese buyers accounted for only 4 per cent of total residential transaction volumes in the last 12 months, the biggest impact of the tighter policy...

Source: South China Morning Post - Property feed | 22 Aug 2017 | 12:00 pm(NZT)

10 of the best laundry baskets



Source: Property | 22 Aug 2017 | 11:00 am(NZT)

Housing recovery suffers, but don't blame the millennials

The housing recovery is suffering partly because baby boomers aren't downsizing as they used to--it's getting too expensive.

Source: Real Estate | 22 Aug 2017 | 3:41 am(NZT)

Housing recovery suffers, but don't blame the millennials

The housing recovery is suffering partly because baby boomers aren't downsizing as they used to — it's getting too expensive.

Source: Real Estate | 22 Aug 2017 | 2:58 am(NZT)

Kerry Properties posts 98pc jump in interim profit

Major developer Kerry Properties gave an optimistic outlook on the prospect of the year’s second half, after posting a 98 per cent rise in underlying interim profit as the back of a surge in flats delivery from a Hong Kong project. The company recorded a net profit from underlying operations of HK$2.83 billion (US$362 million) in the year’s first six months, up from HK$1.43 billion in the same period last year, it said in a filing to Hong Kong’s bourse on Monday. It amounted...

Source: South China Morning Post - Property feed | 22 Aug 2017 | 2:30 am(NZT)

UK sees boom in number of properties smaller than 37sqm: Would you buy a ‘micro-home’?



Source: Property | 22 Aug 2017 | 1:35 am(NZT)

Central London house prices slip further but recovery seen later this year

Asking prices in central London slipped by nearly 3 percent in August, according to the property portal, Rightmove.

Source: Real Estate | 22 Aug 2017 | 12:24 am(NZT)

China Overseas Land to accelerate investment in Hong Kong after posting 25pc interim profit gain

State-owned developer China Overseas Land & Investment said it will accelerate investment in Hong Kong to take advantage of opportunities in the Greater Bay Area initiative after it reported first-half profit rose 25 per cent. The blue-chip developer saw net profit for the first six months expand to HK$21.7 billion driven by higher selling prices and valuation gains during the period. Revenue was up 3.5 per cent to HK$87.2 billion. Gross margins improved by 3 percentage points to 30.5 per...

Source: South China Morning Post - Property feed | 21 Aug 2017 | 11:34 pm(NZT)

Renters: When Bragging About Your Home Is Also Your Job

Two social media experts thought they could help an apartment building improve its image on the web and wound up moving there.

Source: NYT > Real Estate | 21 Aug 2017 | 9:00 pm(NZT)

Number of UK homemovers falls by 2pc - dampening market for first-time buyers



Source: Property | 21 Aug 2017 | 6:27 pm(NZT)

David and Richard Attenborough's childhood home is on the market



Source: Property | 21 Aug 2017 | 5:30 pm(NZT)

How to Sell a Frank Lloyd Wright House

A house by Frank Lloyd Wright is instantly recognizable, but what does it take to market, sell or even live in something designed by him.

Source: NYT > Real Estate | 21 Aug 2017 | 5:20 pm(NZT)

Does the Lake District have the most resilient house prices in the UK?



Source: Property | 21 Aug 2017 | 5:00 pm(NZT)

Five luxury property markets set to rise in 2017

Hong Kong may have the most expensive luxury properties in the world, but it is not in the top five list of luxury property markets to invest in. This is according to international property consultant Knight Frank, which has listed Shanghai, Sydney, Singapore, Monaco and Dubai as the top destinations for luxury property investment for the super-rich. Knight Frank’s Prime International Residential Index (PIRI) ranks luxury property prices in 100 cities worldwide. According to PIRI...

Source: South China Morning Post - Property feed | 21 Aug 2017 | 4:00 pm(NZT)

Sunac shares jump 6pc on positive profit alert

Sunac China shares jumped 6 per cent on Monday after the developer said its first-half interim profit will increase by “more than 15 times” owing to gains from property acquisitions and improved profit margins. The company, one of China’s most acquisitive property developers, said revenue for the six months through June climbed 25 per cent while gross profit rose about 80 per cent and profit attributable to shareholders rose more than 15 times. Sunac’s profit in the year...

Source: South China Morning Post - Property feed | 21 Aug 2017 | 2:42 pm(NZT)

Side Street: An Antebellum Hero, but to Whom?

The outcry over Confederate memorials has energized a campaign to remove a statue of Dr. J. Marion Sims, whose medical advances came at the expense of enslaved black women.

Source: NYT > Real Estate | 21 Aug 2017 | 11:13 am(NZT)

A 2:15 Alarm, 2 Trains and a Bus Get Her to Work by 7 A.M.

Like many in the housing-starved San Francisco region, Sheila James has moved far inland, gaining affordable space at the price of a brutal commute.

Source: NYT > Real Estate | 21 Aug 2017 | 4:33 am(NZT)

What's Selling Now: Homes That Sold for Around $400,000

Recent residential sales in New York City and the region.

Source: NYT > Real Estate | 20 Aug 2017 | 9:00 pm(NZT)

Christie Brinkley to sell $50 million worth of Hamptons real estate

Supermodel Christie Brinkley is selling not one, but two historic estates in the Hamptons.

Source: Real Estate | 19 Aug 2017 | 4:48 am(NZT)

Gary Cohn faces worst career investment dilemma

Gary Cohn is facing the most difficult investment dilemma of his career, writes Reuters.

Source: Real Estate | 19 Aug 2017 | 12:06 am(NZT)









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