| 12.09.2012 - China: Property developers boost land purchases |
| China's major property developers are accelerating purchases of land parcels due to the recovery in the real estate market, at a time when local governments are eager to boost revenues. Seven major real estate developers bought land parcels worth 8.87 billion yuan ($1.34 billion) in first- and second-tier cities from Sept 5 to 7, industry data showed...............................................Full Article: Source |