The real estate market is booming in this city.
房地产市场在这个城市蓬勃发展。
She's an experienced realtor, helping families find their dream homes.
她是一名经验丰富的房地产经纪人,帮助家庭寻找梦想家园。
He recently purchased a spacious property in the countryside for retirement.
他最近在乡下购置了一处宽敞的房产,打算退休后居住。
The
realty company offers a wide range of properties, from apartments to villas.
这家房地产公司提供各种类型的房产,从公寓到别墅一应俱全。
She decided to invest in rental real estate as a long-term financial strategy.
她决定投资租赁房地产作为长期的财务策略。
The government implemented new regulations to protect buyers in the real estate market.
政府实施了新的法规以保护房地产市场的买家权益。
The property value appreciated significantly over the past few years.
这处房产在过去几年里价值大幅增值。
A
realty agent showed us around the luxurious penthouse with stunning views.
一位房地产经纪人带我们参观了视野绝佳的豪华顶层公寓。
The
realty developer broke ground on a new residential complex last week.
房地产开发商上周开始动工建设一个新的住宅区。
The recession led to a decline in the real estate market, causing many foreclosures.
经济衰退导致房地产市场下滑,引发了许多止赎事件。
As the real estate sector continues to recover, the business performance of various realty companies is likely to see sustained improvements, which is expected to yield improved financial performance and better capital market indicators.
随着房地产行业的持续复苏,各房地产公司的经营业绩可能会持续改善,预计这将带来更好的财务业绩和更好的资本市场指标。
Industry experts suggested real estate developers upgrade project quality and services, optimize management and their business model and strengthen their corporate competitiveness for quality development, which are key growth drivers for a realty company.
行业人士建议,房企应提升项目品质和服务,优化管理和商业模式,增强企业竞争力,实现高质量发展。这些是房地产公司关键的增长驱动因素。
Walmart, on the other hand is looking to add more smaller-sized stores, enhance integration of online and offline shopping experience, said James Ku, senior vice-president of China Realty at Walmart.
James Ku, senior vice-president of Realty, Walmart China, said the company was confident about the Chinese market and will continue to enhance its investment.
"For years, Causeway Bay has long been a magnet for shoppers worldwide and the summer is traditionally a peak season for retailers in the area," said Henry Jong, senior regional sales director of Centaline Commercial, a realty agency.
Huang Shaomei shapes New World's unique approach to property developmentHuang Shaomei heads a realty firm that is attempting something extraordinary in China.
Having started her career as a legal professional, she knows what it takes to go about modern realty development in compliance with the law and regulations.
The three local firms are H. S Pow Construction and Development, SDW Realty & Development Inc. , and Future homes Philippines, Inc. Del Rosario said the proposal of the consortium was already selected and negotiation for the terms of reference, costing and project details will start this month.
One of China's largest residential real estate brokerages has opened an office in a Chicago suburb to work with Chinese investors who want to acquire property in the area.5i5j Realty, a division of Beijing-based 5i5j Group, will be in Buffalo Grove, about 30 miles (48 kilometers) northwest of Chicago, and by the end of this month the company expects to open an office in downtown Chicago, employing 10 people at both locations.
China's largest residential real estate brokerage has selected the Chicago area for its first American office in a bid to establish a direct sales channel for Chinese investors eyeing US property.5i5j Realty, a division of Beijing-based 5i5j Group, has opened an office in the Chicago suburb of Buffalo Grove, Illinois.
"Property firms are entering long-term rental services in spite of lower returns compared to realty sales.
Toys R Us has struggled with debt since private-equity firms Bain Capital, KKR& Co. and Vornado Realty Trust took it private in a $6.6 billion leveraged buyout in 2005.
Founded jointly by realty players China Vanke and Homelink Real Estate Agency, Vanlian will expand more around Beijing, particularly in the Beijing-Tianjin-Hebei region, its executives said.
"Since more and more people are already owning homes, demand is shifting from realty to interior decoration," Yan said.
For instance, the first brick-and-mortar store of Ohome, an internet-based interior decoration platform of China's realty player Country Garden, opened in Guangzhou, capital of southern Guangdong province, in early 2016.
The company is saddled with debt from a $6.6 billion buyout in 2005 led by KKR & Co LP and Bain Capital LP, together with real estate investment trust Vornado Realty Trust.
This appears to have prompted the company to announce it is looking at new areas such as development of realty on railway land, alternative forms of urban rail transport, long-term rental apartments, winter vacations, nursing services for the elderly and education.
The thrust is no longer on just restrictions on realty prices.
Yan Yuejin, research director with E-house China R&D, a property industry information provider, said realty sales will continue to be brisk for years, but diversified investments can help hedge against risks like policy changes and market controls.
It is not clear if WeWork China would own the premises or continue to rent commercial realty to set up its cowork spaces.
Equally refreshing is the potential of China's property industry, said the London-based realty veteran.
Globally as well as in China, Savills competes with JLL, Cushman & Wakefield, CBRE and Colliers, all international realty services providers.
He told shareholders that based on the partnership with Shenzhen Metro, Vanke will transform into a provider of integrated urban services, expanding its realty business to property management, apartment rentals, winter sports entertainment, elderly care and even education.
BLOOMBERG VIA GETTY IMAGESA Chinese realty firm said it has paid 1.135 billion pounds ($1.462 billion) to buy the tallest skyscraper in City of London-the biggest Chinese investment in the United Kingdom's real estate market.
According to research by property services provider JLL, in the past three years investments in land, office buildings and hotels accounted for 90 percent of the Chinese mainland's total outbound realty investment.
The annual Central Economic Work Conference, held in Beijing in mid-December, has made arrangements to defuse and prevent risks in the realty sector and ensure its healthy development, highlighting the principle that "housing is for living in, not for speculation".
The annual Central Economic Work Conference held in mid-December in Beijing has made arrangements to defuse and prevent risks in the realty sector and ensure its healthy development, highlighting the principle that "housing is for living in, not for speculation".
Warning of downward pressures and uncertainties both at home and abroad, experts expect further fiscal and monetary easing to stimulate the economy, such as proactive infrastructure spending, as well as supportive credit to manufacturing and realty.
It will maintain the continuity of financial policies related to real estate, maintain realty financing in a stable and orderly manner, and support China's residential market to better meet reasonable housing needs of homebuyers, the official said.
Therefore, with the driving force from exports and realty expected to weaken, the Government Work Report has proposed to "firmly implement the strategy of expanding domestic demand, promote coordinated regional development and new urbanization, smoothen the national economic cycle, open up all links of production, distribution, circulation, and consumption and enhance the driving force of domestic demand for economic growth.
The Thai-Chinese Rayong industrial zone was established and fostered by the comprehensive cooperation between China and ASEAN, while its development has been put on fast track after the Belt and Road Initiative was unveiled, said Zhao Bin, president of the Thai-Chinese Rayong Industrial Realty Development Co, operator of the industrial zone.
Li said office realty will see more pressure in the fourth quarter when new supply enters the market.
Mi Yang, head of research for North China at real estate consultancy JLL, said establishment of the FTZ will stimulate new rental demand, ease market pressure and add new impetus to the office realty market.
Technological clusters, such as Zhongguancun, showed a stable performance in office realty market this year despite the epidemic.
The growing healthcare industry will also likely drive the office realty market.
Beijing, Shanghai ease purchase curbs, boosting confidence in realty recoveryThursday's decision to ease home purchase restrictions in both Beijing and Shanghai is expected to stimulate the local real estate markets and boost confidence in the industry's recovery, experts said on Friday.
"Communications with our customers showed that both home sellers and homebuyers are becoming more optimistic," said Wang Guohui, a senior agent with Sinyi Realty in Shanghai.
“与我们客户的沟通显示,无论是房屋卖家还是购房者,他们的乐观情绪都在增强,”上海信义房地产的高级经纪人王国庆表示。
Real estate experts anticipate 2024 to be a pivotal year with fresh measures expected to resolve industry risks, reshape realty development framework and facilitate stable economic development.
In cases where realty firms' illegal activities lead to insolvency and loss of operational capability, the ministry will follow legal and market-oriented principles in dealing with such enterprises, Dong said.
Dong said the ministry will continue cooperating with financial regulatory authorities to ensure the effective implementation of various policies in the realty sector.
Dong said that, in cases where realty companies' illegal activities lead to insolvency and loss of operational capability, the ministry will follow legal and market-oriented principles in dealing with such enterprises.
Sector among first to recover as more brands, investors, developers are attractedThe retail property sector will be among the first to see recovery, said industry experts, who believe this particular realty domain contains huge growth potential.
According to realty market analysis provider China Index Holdings, after the policy implementation, since late August, nationwide willingness to purchase real estate has increased by 15 percentage points, with significant improvements seen in Beijing, Shanghai, Guangzhou and Shenzhen, where the first two saw increases of around 20 percentage points each.
Around 5,000 pre-owned homes were sold over the past week in Beijing, nearly half of August's total, according to realty agency Centaline Property.
Yang Jiarong, a manager at a Shanghai office of Sinyi Realty, said, "We have seen a 20 percent to 30 percent increase in appointments made by prospective homebuyers.
Entering the realty market at a very rough period — in 2011 — Yang said the market was very weak at the time, with a number of retailers closed and many agents failing to make even one transaction in a month.
"The realty market's recovery is gradually picking up.
Ever since major cities in China launched policy incentives in late July to warm up the realty market, housing agent Wu Lei's phone has turned into a 24/7 hotline, with a deluge of inquiries on property purchase being made every day.
According to realty market analysis provider China Index Holdings, Beijing witnessed a 16.9 percent weekly increase in new home sales area to 103,000 square meters last week.
Hong Kong-listed realty developer Sunac China Holdings saw the volume of transaction in its real estate project One Sunac Opus, located in Beijing's Chaoyang district, reach 5.62 billion yuan ($770 million) with the sale of 169 homes on Sept 3, the opening day.
"Since last Friday, daily inquiries for both buying and selling homes have surged more than three fold, showing that pent-up demand is rising and nearing a release," said Huang Lei, a store manager with Sinyi Realty in Shanghai.
As the real estate sector continues to recover, the business performance of various realty companies is likely to see sustained improvements, which is expected to yield improved financial performance and better capital market indicators," Yan said.
Therefore, pressure on the realty market for a shakeout will continue, and real estate developers such as Evergrande will still be under operational pressure for a while, said Zhang Hongwei, founder of Jingjian Consulting.
Experts foresee local-level policy easing, predict rebound of realty stocksChina's residential property sector, which is undergoing a massive market adjustment, is expected to see more supportive measures from local governments to boost demand from homebuyers in the coming months, in accordance with the top leadership's guidance, said industry experts.
More efforts will also be made to guard against risks in the property market and explore a new development model for the realty sector.
These include greater financing support for realty developers and improved tax breaks for used homes.
Troubled realty market eyes slow, stable rebound as green shoots sprout on policiesExperts tracking China's debt-laden property industry generally adopt a cautiously optimistic tone, but one thing they unhesitatingly agree is that central and local governments' measures have laid a solid foundation for a market recovery, if not a fresh boom.
Experts: Supportive policies, stronger sentiment to help realty get back on steady track in Q4A number of Chinese cities saw pre-owned home transactions recover during the weeklong National Day holiday, while urban new-home sales remained tepid.
"The industry has entered a new development phase, and we are waving adieu to the old days of pursuing scale expansion and growth speed," said Yu Liang, chairman of China Vanke, a prominent realty company, during a shareholder meeting in late June.
Although there have been recent instances of some homebuyers refusing to make mortgage payments due to delayed delivery or stalled construction of their presold homes, their impact on the realty and banking industries would be insignificant as associated financial risks are manageable and under control, experts said.
Chinese realty developers are coming up with unusual promotional campaigns to revive home sales and mitigate pressure from excess housing inventory amid a market slump.
In value terms, residential realty sales were down 34.5 percent year-on-year.
Yan Yuejin, research director at the E-House China R&D Institute, a Shanghai-based agency that mainly studies realty, attributed the overall decline in housing demand mainly to the market sluggishness of the past few years in third- and fourth-tier cities, following the halt to a policy of financially compensating residents whose property was expropriated by the authorities concerned.
Yu Liang, chairman of developer Vanke, said at a recent meeting with company shareholders that month-on-month sales growth of housing in June rose on the back of policies, recovering demand and a relatively low sales volume last year, indicating the realty market may have hit bottom in June.
Such promotions not only help developers to boost sales but also boost farmer incomes as offers from some realty developers are higher than the average market price of the crops.
Market insiders said that with the launch of stabilizing policies, the reasonable capital needs of the realty sector are gradually being met, and market expectations are steadily improving, which will help reduce pressure on company funds, improve operational capabilities, ensure the delivery of projects and promote the healthy, sustainable development of China's realty sector.
This is due to the cautious real estate finance management climate as well as the credit crisis triggered by credit defaults of some leading realty giants.
Foreign investors and emerging high-tech industries, it appears, can't have enough of Shanghai, whose charms in the form of business-friendly policies, environment and infrastructure are proving irresistible to every conceivable industry, observers said on Friday after the city set a realty record in the office space segment for 2021.
Corporate NPLs of Industrial and Commercial Bank of China, the country's largest State-owned commercial lender by assets, to the realty industry rose from 16.24 billion yuan ($2.52 billion) at the end of last year to 31.91 billion yuan by the end of June, with the related NPL ratio increasing from 2.32 percent to 4.29 percent.
中国最大国有商业银行——中国工商银行的对房地产行业的公司不良贷款,从年末的162.4亿元人民币(约合25.2亿美元)升至6月底的319.1亿元人民币,相关不良贷款率从2.32%升至4.29%。
The regulator will also strive to prevent excessive concentration of real estate loans, in an effort to create a virtuous cycle between finance and realty.
监管机构还将努力防止房地产贷款过度集中,旨在构建金融与房地产之间的良性循环。
High-tech sector spurs leasing demand, while Q1 investment activity picks upBeijing's office realty market will see a new supply peak driven by the thriving high-tech sector, property industry data showed.
高科技行业刺激租赁需求,而第一季度投资活动有所增加。房地产行业数据显示,北京的办公地产市场将看到一个新的供应高峰,这得益于蓬勃发展的高科技行业。
According to a recent report issued by Cushman & Wakefield, a commercial real estate services provider, the Beijing office realty market will see about 3.46 million square meters of new supply from this year to 2025.
根据商业地产服务提供商高纬环球最近发布的一份报告,从今年到2025年,北京办公房地产市场将新增供应约346万平方米。
A report from property agent Savills also predicted that there will be more than 1 million sq m of new supply in Beijing's office realty market this year.
房地产代理公司第一太平戴维斯的一份报告还预测,今年北京办公房地产市场将有超过100万平方米的新供应。
Savills data showed that 166,000 sq m of office realty was rented out in the first quarter, eightfold that in the same period last year.
第一季共有16万6000平方公尺办公室出租,比去年同期增加八倍。
In the first quarter of this year, high-tech companies led the office realty market in Beijing, with new, relocated, and expanded leases of high-tech firms accounting for 34.2 percent of the total leased space in all sectors, according to the Cushman& Wakefield report.
据高纬环球报告显示,今年第一季度,高科技公司引领北京办公房地产市场,新租赁、搬迁和扩建的高科技企业占所有行业总租赁面积的34.2%。
A few years back, when the property industry overheated due to speculative investments, the Chinese government introduced certain measures to cool the market and also to curb the tendency to use realty booms to reverse economic downturns.
几年前,由于投机性投资导致房地产市场过热,中国政府采取了一系列措施来给市场降温,同时遏制利用房地产繁荣来扭转经济衰退的趋势。
Domestic self-use buyers and foreign investors were two major players in realty en-block transactions last year, contributing 34 percent and 24 percent, respectively, CBRE said.
世邦魏理仕表示,去年房地产整栋交易的两大主力是自用型国内买家和海外投资者,分别占34%和24%。
"For the first time, Beijing replaced Shanghai last year as the most popular city among foreign investors for realty en-block transactions, according to Cushman& Wakefield, a real estate services firm.
据房地产服务公司高纬环球(Cushman& Wakefield)的数据,去年北京首次取代上海,成为外资进行整售交易的首选城市。
C&W data showed foreign buyers contributed 15.5 billion yuan to realty en-block transactions in Beijing, which accounted for 30 percent of the capital's total and was almost double the size of comparable deals in Shanghai.
C&W的数据显示,外国买家对北京房地产整体交易的贡献为155亿元人民币,占首都总额的30%,几乎是上海同类交易规模的两倍。
Liu further said China's measures to contain COVID-19 and its rapid recovery from the pandemic also boosted foreign investors' confidence in Beijing's office realty market.
刘进一步说,中国控制新冠疫情的措施及其从疫情中迅速恢复也增强了外国投资者对北京商业地产市场的信心。
Beijing's en-block transactions related to office and research and development centers accounted for 54 percent of its total realty en-block transactions.
北京办公及研发类大宗交易占其房地产大宗交易总量的54%。
Last year, Beijing's realty en-block transactions accounted for more than 20 percent of the country's total, which was 204.7 billion yuan, according to Cushman& Wakefield.
据世邦魏理仕公司统计,去年北京房产整体交易额占全国总交易额的20%以上,总额为2047亿元。
"The drop in overall foreign investment in realty en-block transactions relating to offices is predictable as it came amid the COVID-19 pandemic, global economic recession and geopolitical uncertainties.
由于COVID-19大流行、全球经济衰退和地缘政治不确定性,整体外国对办公用房整栋交易的投资下降是可以预见的。
Declining rent levels and increasing investable assets in Beijing's office realty market caused by COVID-19 will offer a window of opportunity for investment in the next three to five years, according to a recent property industry report.
根据最近一份房地产行业报告,由于COVID-19的影响,北京办公房地产市场出现了租金水平下降和可投资资产增加的现象,这将在未来三到五年为投资提供一个窗口期机会。
The overall vacancy rose to 14 percent for Beijing's Grade A office realty market, according to a report from Jones Lang LaSalle Inc, a global real estate services firm.
根据全球房地产服务公司Jones Lang LaSalle Inc的一份报告,北京市甲级写字楼市场的整体空置率上升到了14%。
Falling rents and rising investable assets of Beijing's office realty market were a result of mandatory lockdowns and social distancing due to the COVID-19 pandemic, which have forced companies everywhere to ask employees to work from home, to ensure their health and safety as well as to contain the spread of the virus, the JLL report said.
戴德梁行的报告指出,北京办公房地产市场的租金下降和投资资产上升是由于COVID-19大流行导致的强制封锁和社会疏远措施所造成的。这些措施迫使各地的公司要求员工在家工作,以确保他们的健康和安全,并遏制病毒的传播。
The report said the rent declines in the Beijing office realty market would last until the end of 2021 or even the beginning of 2022.
报告称,北京商业地产市场的租金下跌将持续到2021年底甚至2022年初。
According to the JLL survey, given the resilient momentum of the technology sector during the epidemic and strong policy support, 90 percent of the respondents agreed that companies in fields such as artificial intelligence, cloud computing, 5G, "new infrastructure", online gaming, and livestreaming, will be key to the recovery of Beijing's office realty market as companies from these arenas grow further and expand.
根据JLL的调查,考虑到科技行业在疫情期间的弹性势头和强有力的政策支持,90%的受访者认为,人工智能、云计算、5G、"新基础设施"、在线游戏和直播等领域的公司将是北京办公房地产市场复苏的关键,因为这些领域的公司将进一步增长和扩张。
These industries are expected to become bright spots for future growth in Beijing's office realty market.
预计这些行业将成为北京办公房地产市场未来增长的亮点。
A recent report by global real estate service provider Savills showed Beijing's office realty market is now recovering.
全球房地产服务提供商第一太平戴维斯最近发布的一份报告显示,北京的办公房地产市场正在复苏。
The fresh outbreak of COVID-19 cases in June was quickly contained, it had limited impact on Beijing's office realty market in general.
六月新爆发的COVID-19病例被迅速控制,对北京办公房地产市场总体影响有限。
Beijing's office realty market is set to see more severe challenges for absorption when the supply influx appears.
北京的办公房地产市场将面临更严峻的吸收挑战,一旦供应流入出现。
Chinese parents, eager to give their children a head start in life, tend to buy homes near reputable schools, thus creating demand for realty in the area.
In the first three months of the year, 219.78 million square meters of realty space have been sold, down 26.3 percent from the level of a year ago, the National Bureau of Statistics said on Friday.
Realty niche witnesses big demand as tenants chase low rent, better qualityNon-core office submarkets are becoming a new growth engine of the office-space property market in Beijing, insiders said.
Residential realty rides tech advances, green wave, urbanization and policy supportsChina's residential property market, which is still considered a key economic indicator, may appear down and out at the moment, but unexpected good tidings are adding to the buoyant mood generated by the celebrations of 70 years of the founding of the People's Republic of China.
Despite factors like many top realty players missing first-half revenue targets, the government's stringent rules continuing to keep a lid on runaway prices, and financially strained investors turning cautious on new developments, the industry is all excited about the future.
Big-ticket realty investments may resume on the back of urbanization.
Chinese investors spent $7.5 billion on buying offshore realty in 2018, sharply down from $35.4 billion in 2017.
Sally Wang, who has been working as a realty agent in London for nearly a decade and is founder of real estate agency SJW (UK) Property Investment Ltd, said demand for prime UK properties near educational institutions from young Chinese parents shows no signs of abating.