Headlines

Shanghai house sales see declining trend

Housing prices in shanghai has shown signs of decline, with some luxury apartments in the city center seeing a cut in prices while potential buyers remain uncertain on the timings of making a purchase.

Irish real estate agents see no improvement in property market

More than three-quarters of Irish real-estate agents don't expect an improvement in housing-market activity over the next 12 months, NCB Stockbrokers reported, citing a survey.

London office prices to fall further, developer says

Great Portland Estates Plc, a property company focused on central London with assets of more than 1.5 billion pounds ($3 billion), said prices for offices and stores in the city will probably fall further as purchases become harder to finance.

China's urban housing prices up 9.2% in Q2, rents up 2.2%

Second-quarter housing prices in 70 large and medium-sized Chinese cities rose 9.2 percent year-on-year, said the National Development and Reform Commission and the National Bureau of Statistics on Monday.

Vincom to issue international convertible bonds

Vincom Joint Stock Company, one of Vietnam's leading real estate firms, has plans to issue convertible bonds on the international market and trade the firm's shares on a foreign stock exchange, a top executive said yesterday.