Hong Kong Home Prices Rise for First Time in 11 Months After Curbs Scrapped
Hong Kong home prices rose for the first time in almost a year in March as the city’s removal of property curbs revived sales.
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Hong Kong home prices rose for the first time in almost a year in March as the city’s removal of property curbs revived sales.
Greater China’s property market crisis and the challenges it poses for lenders will be on full display on Monday, when embattled developer China Vanke Co. and the region’s biggest banks report earnings.
Singapore home prices grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam.
China’s overseas investment is heading for an eight-year high as its dominant firms build more factories abroad, a shift that could soften criticism of Beijing’s export drive.
The Related Cos. founder is following the money flowing south by bringing his influence to everything from real estate to schools and health care.
Aug 25, 2016
The Canadian Press
TORONTO - CHC Student Housing Corp.is joining forces with the Dundee financial group to create a bigger public company that would manage up to 4,700 residential beds in 13 markets from Fredericton to Windsor, Ont.
CHC is exected to be renamed Canadian Student Living Group, led by CHC chief executive Mark Hansen and his management team.
CHC and Dundee see student housing as an attractive asset class that's underdeveloped in Canada.
They say only three per cent of post-secondary students in Canada live in purpose-built housing -- compared with 12 per cent in the United States and 23 per cent in the United Kingdom.
CHC will be combined with Dundee Acquisition Ltd. -- a publicly traded affiliate of Dundee Corp. (TSX:DC.A) -- which will provide financial resources and business connections.
Dundee Acquisition has concurrently reached agreements with other parties to acquire additional housing properties and create a portfolio with total value of up to $420 million -- including eight properties currently owned or managed by CHC.