Search Results for: china
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INDUSTRY NEWS
Domain sees spike in rental demand coming from China
New figures from Domain show Australia's vacancy rate remained stubbornly low during February, with the company reporting a spike in rental search traffic from China.
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INDUSTRY NEWS
Nerida Conisbee: China is roaring back
China abandoning its zero COVID-19 policy has resulted in the economy rebounding far faster than expected.
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INDUSTRY NEWS
China crisis wipes out $90 billion from developers
Chinese property developers have seen the value of their stocks fall by US$90 billion as the China crisis worsens.
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Celebrity Homes
Property where David Bowie re-wrote China Girl for sale
Music-lovers looking to own a slice of ‘80s pop history will be saying, “Oh! You pretty thing” when they see the Nurimbah property where David Bowie re-wrote his smash hit China Girl. Set on the caldera of the extinct Tweed volcano, the 4.56ha property, Wagawn, is for sale with a price guide of $3.25-$3.5 million according to realestate.com.au. Bowie, who…
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Elite Agent
The Agency launches China Desk service to capitalise on imminent demand
COVID-19 has dramatically changed the way we conduct our lives and the public health response by our state and federal governments and key agencies, which has allowed Australians to begin living with a degree of normality, has not gone unnoticed internationally.
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NEWS
REA Group announces strategic partnership with 58 Group in China
REA Group have announced a strategic partnership between their online platform Myfun and one of China’s leading online real estate listing platforms under 58 Group, Anjuke. The partnership will allow Myfun to further expand its footprint in mainland China, while enabling Anjuke to provide international properties to Chinese users. As part of the partnership, Myfun will syndicate Australian residential properties,…
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INDUSTRY NEWS
Juwai.com launches World’s Top China-Focused Real Estate Developers and Agents awards
The world’s top real estate developers and agents are vying for recognition in the Chinese market via the first-annual Juwai Global Chinese Choice Awards. Juwai.com is the No. 1 Chinese international property portal and international property partner to both Tencent and JD.com. “China is the cutting edge for property marketing worldwide. Excellence in China-focused international property development and services deserves…
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FRANCHISE NEWS
The Bundaberg agent making million dollar deals with China
RE/MAX Precision prinicpal Scott Mackey told Elite Agent how he’s using his city’s China connection to boost the Bundaberg economy. Scott Mackey has been in real estate for 22 years and spent all of his career working in Bundaberg. He’s come to know the market like the back of his hand and says there’s more diversity that you may think.…
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INDUSTRY NEWS
REA Group appoints Kerry Wong as CEO – Greater China
Ms Wong will be part of the Group’s Asian leadership team and report to REA Group Asia Chief Executive Officer, Henry Ruiz. She is responsible for overseeing and setting the digital strategy in Hong Kong, Macau, Mainland China and Taiwan, as well as leading a team across sales, marketing and operations. Ms Wong joins REA Group from PayPal where she…
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NEWS
Bundaberg real estate principal leads delegation to China
Bundaberg property has been put firmly on the map in Chinese investor conversations with RE/MAX Precision’s principal Scott Mackay visiting the city of Nanning in Guangxi, China earlier this month. Mr Mackey dined with the city’s Deputy Mayor Liu Weimin and other significant Nanning entrepreneurs and strengthened good relations with clients who have already invested in Bundaberg’s agriculture and property development…
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FRANCHISE NEWS
RE/MAX Australia Seeks Buyers from China with New Juwai.com Partnership
RE/MAX Australia and RE/MAX New Zealand have announced a new partnership agreement with Chinese portal Juwai.com for full Chinese translation of listings. Whilst RE/MAX listings will continue to be bulk uploaded to Juwai.com in English, the new partnership provides RE/MAX agents and their vendors the option to upgrade individual listings with full Chinese translation and a superior listing rank for…
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Elite Agent
How to Avoid Missing Out on the China Opportunity
ANDREW TAYLOR, CO-CEO of Juwai.com, discusses the advantages of embracing the Chinese market. WHY HAVE Australia’s four largest real estate networks all signed exclusive agreements to market their listings in China? It’s because the knowledge is finally sinking in that Chinese buyers have become a permanent part of the Australian real estate market. Whether they are here to invest, immigrate,…
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NEWS
Australian property professionals drag their feet on AI
More than one-third of property professionals believe Artificial Intelligence (AI) will have a “revolutionary impact” on the sector, but few have truly started to implement it.
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NEWS
Chinese property giant Evergrande ordered to liquidate
A Hong Kong court has ordered the world’s most indebted property developer, China’s Evergrande Group, to liquidate, following its failure to negotiate a restructuring agreement with creditors.
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CONTRIBUTORS
Shane Kempton: What stopped you in 2023 can make you in 2024
Reflecting on a very busy, and challenging, yet rewarding 2023, I wanted to share one of my greatest lessons, or dare I say, “ah huh” moments of my personal and professional development journey.
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INDUSTRY NEWS
Surging immigration sees overseas buyers targeting Australian property
Overseas buyers are increasingly targeting Australian property, with new data showing online searches have surged back above 2019 levels.
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INDUSTRY NEWS
Foreign investors offload Australian commercial property
Foreign investors have reduced their exposure to Australian commercial property, as higher interest rates and soft returns for office and retail weigh on sentiment.
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APPOINTMENTS
Chrissie Ren joins The Rubinstein Group
The Rubinstein Group has appointed its first female sales executive, with Chrissie Ren joining the group at its new Rose Bay office.
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INDUSTRY NEWS
Foreign investors selling back Australian agricultural land
The price of Australian farmland has surged in the past three years, with strong interest from overseas, but investors are now selling the land back to locals.
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INDUSTRY NEWS
Has the interest rate rising cycle run its course?
Two-thirds of experts believe interest rates have peaked, while 97 per cent say the Reserve Bank of Australia will keep the cash rate steady at the next meeting.
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INDUSTRY NEWS
Troubled Chinese developer Evergrande files for bankruptcy
Troubled Chinese developer Evergrande has filed for bankruptcy in the US as it attempts to work out an offshore debt restructuring plan for its $468 billion in liabilities.
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INDUSTRY NEWS
Experts predict the RBA will keep interest rates on hold
With inflation cooling, experts have predicted the Reserve Bank of Australia (RBA) will keep interest rates on hold, in what would come as welcome relief for struggling households.
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INDUSTRY NEWS
A flexible future: Empowering a versatile work culture
Even before the pandemic, many companies were heavily invested in flexible workplace practices.
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INDUSTRY NEWS
Florida law bans some international buyers
Certain groups of foreigners will no longer be able to purchase property in Florida in the US after Governor Ron Desantis signed a new bill limiting foreign ownership.
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INDUSTRY NEWS
More branded residences coming to Australia
Australia could soon see more branded residences popping up, with developments featuring the likes of the Ritz-Carlton and Four Seasons brands predicted to grow across the country according to a new report.
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INDUSTRY NEWS
Wealthy migrants flock to Australia for schools, lifestyle and financial safety
If you could live anywhere, where would it be? For the world’s wealthy, Australia is a top pick.
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INDUSTRY NEWS
Could Chinese developers Forbes Global 2000 rankings spark hope for Aussie build-to-rent solutions?
One of China’s largest residential property developers, with a key stake in build-to-rent in the country, has ranked second on Forbes’s Global 2000 list of the 10 largest real estate companies in the world.
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INDUSTRY NEWS
The Aussie real estate magnates among Forbes’ top billionaires
Eight Australia real estate and property development magnates have made Forbes’ annual World Billionaires List for 2023.
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INDUSTRY NEWS
Rents surge in longest ever stretch of price growth
Tenants continue to face extreme financial pressure, with rents rising at the fastest rate since before the pandemic.
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COMMERCIAL
Banking crisis could see reduced investment in Australian property
The turmoil across the US and European banking sector could see reduced investment in Australian commercial and residential property according to an expert.
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INDUSTRY NEWS
Nerida Conisbee: Is corporate ownership the answer to Australia’s rental crisis?
In the US, large companies currently own five per cent of rental properties.
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INDUSTRY NEWS
Investors seek hotels after near record year of transactions
The $575 million sale of Australia’s first Waldorf Astoria Hotel is evidence investors are continuing to turn to hotel assets following a bumper year of transactions in 2022.
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INDUSTRY NEWS
Foreign investment is down, but for how long?
Foreign investment in Australian real estate fell over the last quarter, but a recent uptick in enquiries from Chinese buyers suggests the downturn will be short lived.
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FEATURE INTERVIEWS
Going above and beyond: housing the Brady Bunch
Going “above and beyond” to help her tenants find a home or settle in once they’re there isn’t something unique for Monique Fildes.
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