Dr. Rick C. Ernst
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High End Real Estate

Major Chinese firm to invest in Iskandar Malaysia
www.property-report.com

“Greenland's forte is in mixed commercial development, including high–end hotels and residential towers,” IWH executive director Lim Chen Herng said in a statement released earlier this month. “We expect them to bring their expertise and market …

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E-House Announces New Strategic Initiatives
www.sys-con.com

The joint venture will leverage E-House's vast home buyer data and SINA's huge number of high–end online users to launch a series of asset (existing home) backed financial products, bridging individuals who have borrowing needs (borrowers) and those …

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Foreign buyers maintain appetite for Thai property despite unrest
www.property-report.com

Several firms, including Sansiri, Pruksa Real Estate, Property Perfect and Land & Houses, are expanding their operations in the city to accommodate the growing demand for high–end properties. “We will launch our new project in Chiang Mai this year …

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Al Basel Group launches Amani Investments
www.zawya.com

The company is looking to serve mid-range and high–end clients, individuals or corporations by offering to manage their savings and assets portfolio and provide turnkey advice on investing in real estate, stocks and the like–helping their wealth grow …

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Chinese Property Sector Will Not Implode Like America's Subprime Market
www.forbes.com

… Chanos of Kynikos Associates has cried the “bubble” word since 2009. They have all been wrong. If you listen to Goodwin Gaw, managing principle of $7.5 billion-under-management real estate investment firm Gaw Capital, they will continue to be wrong …

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Chicago Spire's fate on the line as trial gets underway
www.chicagotribune.com

On the other is Related Midwest, the Chicago affiliate of The Related Cos., a deep-pocketed New York-based developer that has invested heavily in Chicago's real estate market in recent years. The nation's financial crisis in 2008 blocked Kelleher's …

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UPDATE 2-China suggests full interest rate liberalisation in 2 yrs
www.reuters.com

Standard & Poor's estimated outstanding bank loans and bond debt among non-financial companies in China reached about $12 trillion at the end of 2013, the equivalent of more than 120 percent of GDP. On Friday, China recorded its first domestic bond …

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Melcor REIT Announces 2013 Annual Results Exceeding Forecast; Forecast …
www.marketwired.com

A third property was added to our portfolio subsequent to year-end, increasing our GLA by 12% since IPO. Comparison to the forecast … We have a well established and diversified portfolio of assets in high growth Western Canadian markets. We have a …

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Hong Kong property developers contemplate price cuts
www.property-report.com

Hong Kong-based real estate developers are contemplating cutting prices in an attempt to push residential sales amidst escalating construction costs and buyers' fears of a potential home price crash. A recent study from surveyor firm Langdon and Seah …

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