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Category: PROPERTY

Posted on July 3, 2023

Wyndham continues to expand in Saudi Arabia with new hotel in the heart of Al Khobar

Opening of Ramada Encore by Wyndham Al Khobar Corniche bolsters Wyndham’s midscale offering in the Kingdom’s thriving hospitality industry …

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Posted on July 3, 2023

Japan’s land prices rise for second year running in 2022 – tax agency

Japan’s land prices rose for a second consecutive year in 2022, the country’s tax agency said on Monday, suggesting a gradual recovery from the impact pandemic as restrictions were eased.

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Posted on July 3, 2023

ED searches Hindustan Infracon India Limited premises, seizes documents related to property and investments

The Bengaluru-based company had collected ₹389 crore from around 7.18 lakh investors. However, the company did not give the interest amount due to investors, or return the deposits.

( read original story …)



Posted on July 3, 2023

China property developers buy less land in H1, June home sales drop 29%- survey

Chinese property developers spent 10% less on land in the first half compared to a year ago as sales stayed flat, private researcher CRIES said, reinforcing the still-low confidence in the real estate …

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Posted on July 3, 2023

China Vanke says local property market worse than expected

The chairman of China’s second-largest developer backtracked his neutral assessment from March. Read more at straitstimes.com.

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Posted on July 3, 2023

What’s ailing China’s housing market? A teacher, clerk and tutor show why the next home sales reports will be ugly

Home sales likely stumbled in June and will weaken in subsequent months, analysts forecast; JPMorgan sees the market stabilising at a low level after 2022’s crash China’s policy responses may not help …

( read original story …)



Posted on July 3, 2023

China’s June Factory Activity Slows as Conditions Weaken – Caixin PMI

China’s factory activity growth slowed in June, a private sector survey showed on Monday, with sentiment waning and recruitment cooling as firms grew increasingly concerned about sluggish market …

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Posted on July 3, 2023

METALS-Base metals up on investor hopes on China; demand worries cap gains

including gains posted by the CSI 300 Real Estate Index and the Hang Seng mainland property index. Data released last week about a third monthly contraction of China’s factory activity strengthened …

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Posted on July 3, 2023

China’s trust sector expands in Q1

China’s trust industry reported steady expansion in the first quarter of 2023, industry data showed. The outstanding trust asset value came in at 21.22 trillion yuan ($2.94 trillion) at the end of …

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Posted on July 2, 2023

Human remains were found at a home where a Ga. man was last seen. Now, two are charged with murder.

Two people are facing murder charges in connection to a Georgia man who was reported missing last month. It was on June 12, when the East Dublin Police Department said James Douglas “Doug” Wilkinson, …

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