Commercial Real Estate in China

Readers opinion

Gordon Benton, Lippo Karawaci voted #1 in Indonesia and #9 in Asia-Pacific 2005 by Euromoney There is so much going on in China, and of course we are all reading about the realm of real estate. CRE China enables me to check out the latest trends and level of investor interest very important for my job as an Urban Planner and Investment Advisor.

Mr. Michael Bowens, Manager, CB Richard Ellis | Industrial & Logistics Services Shanghai: I got the new edition of the Real Estate magazine, it looks GREAT! Well done. I usually glance at most of the business magazines that land on my desk but this I will not only read, I will take home to re-read.

Mr Pan Nai Yue, Sales Manager, Marketing and Sales Center, Shanghai Caohejing Hi-Tech Park: CRE China is really a very high quality magazine, and provides professional ideas that even others talk about. Although we are an INDUSTRIAL property developer, and mainly focus our business on industrial property, industrial parks, and standard workshops, we are very interested in your magazine, as you could help us to convey our products to our target market and potential clients.

26.05.2008 Guangzhou Evergrande Wins New Funding From Investors

Evergrande Real Estate Group, a Guangzhou-based developer that scrapped an initial public offering to raise up to HK$16.58 billion in March, has secured new funding from two of its pre-listing investors, market sources say.

Deutsche Bank and Merrill Lynch have agreed and committed to boost their stake in the developer to about 15% in a second round of capital injections, while the negotiations with Temasek Holdings of Singapore have been ongoing though it has refused to chip in more capital.

Evergrande has been expanding its foothold in the Mainland property market over the past two years. It has one of the largest land banks among major Mainland property developers with a gross floor area of 45.8 million sq m, of which 30.5 million sq m have been approved for land-use rights certification.

The developer plans to spend 30 billion yuan to develop ongoing projects this year and would need 42 billion yuan next year.

Source: SCMP

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ImpressMedia is an established British publishing house which over the past four years has created a series of real estate magazines in Russia. The most famous of these is Commercial Real Estate, which has become a strong brand in the Russian market, and serves as an important means of communication between suppliers and providers; as well as between real estate professionals seeking to widen their horizons. In 2003, ImpressMedia also started a yearly commercial real estate Awards ceremony, which has now become an integral part of the real estate world in Russia. John Harrison helped create 'Commercial Real Estate' magazine in Russia, and was its first editor, from November 2002 to August 2005. He has written about real estate for over a decade.

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