real estate

The Latest

  • Elon Musk Sells All Of His Houses Worth Around $100 Million
    Elon Musk
    Elon Musk reasoned that owning homes takes just too much of his precious time, which would be put to better use developing rockets.
  • Property Firm China Vanke To Go Into Hog Farming Business
    China Vanke
    China Vanke is planning to breed up to 250,000 pigs per year through its new food business venture aimed at compensating for the slump in the country's property market.
  • Hong Kong Withdraws Sale Of Kai Tak Property After Lukewarm Buyer Response
    Hong Kong Property Market
    Industry experts claim that the government overestimated the value of the property, which is why the response to the sale was less than enthusiastic.
  • Alibaba Buys 50 Percent Stake In Singapore's AXA Tower
    AXA Tower
    Alibaba's e-commerce unit in Southeast Asia, Lazada, already occupies about 15 percent of AXA Tower, which it plans to redevelop after the stake purchase is completed.
  • Country Garden Banking On Livestreaming Promotion To Boost Home Sales
    Country Garden Holdings
    Country Garden will be offering more than 10,000 new homes across 60 cities with discounts of up to 50 percent during its livestreaming promotions.
  • Sun Hung Kai Sells Part Of Hong Kong Property To Ping An for $1.45 Billion
    Hong Kong Property Market
    Ping An has agreed to purchase 30 percent of the office space in Sun Hung Kai's mega-development in Hong Kong for $1.45 billion.
  • Property Buying Surges In Mainland China After Lockdowns Lifted
    China Home Sales
    Months of pent-up demand has resulted in a surge in homes sales across major cities across China.
  • UK Housing Market Expected To Lose $17.8 Billion This Year Amid Crisis
    UK Housing Market
    London-based property consultancy firm Knight Frank estimates that the Uk's housing market could experience losses of up to $17.8 billion due to the pandemic.
  • HNA Group Completes Sale Of Shanghai Office Tower For $509 Million
    HNA Group
    Under the sale, state-backed bad debt management firm Chian Cinda Asset Management will own most of the company's Shanghai HNA Tower located in Pudong's Lujiazui area.
  • Hong Kong Property Owners Deploying Robots To Lessen Human Contact
    Robotics Technology
    Hotels, restaurants, office buildings, and shopping centers in China are now utilizing robots for various tasks as part of a wider effort to reduce direct human contact.
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