Vi e w p o i n t | 10 Dec 2025 10:55:22 ET │ 54 pages See Appendix A-1 for Analyst Certification, Important Disclosures and Research Analyst Affiliations. New round of local stimulus; watch for pro-leverage initiatives but unlikely for now — i) we believe new round of demand-side local stimulus (incl. purchase subsidies) in 4Q25 might help but are unlikely to alter home price expectations; ii) we would watch for targeted monetary easing or pro-leverage initiatives but see low likelihood for now; iii) urban ...

Even more evidence is piling up that China Vanke can no longer rely on state support, underscoring a dramatic reversal for the developer whose local government backing had until recently made the risk of default seem distant https://t.co/fAa2n2A4QZ ...

This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. Two deals last week show that, despite sluggish apartment sales, the land market is still liquid. On Dec. 9, Landmark Properties announced that it closed on the acquisition of a 3.29-acre site in Auburn, Alabama, in partnership with Manulife Investment Management, according to a news release.  The Athens, Georgia-based developer plans to build The Mark Aubur ...

MIAMI, FL, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Earth Science Tech, Inc. (OTC: ETST) (“ETST” or the “Company”), a strategic holding company focused on acquiring and scaling high-potential operating businesses, today announced that the Financial Industry Regulatory Authority, Inc. (FINRA) has cleared the Form 211 application filed by a sponsoring broker-dealer. On December 12, 2025, FINRA processed a Form 211 relating to the initiation of priced quotations of ETST, which means that the submitting broker-dealer ...

*ST金科公告，公司及控股子公司重庆金科房地产开发有限公司的重整计划已于2025年11月21日执行完 毕。公司总股本由53.4亿股增加至106.34亿股，并通过重整计划引入重整投资人，实施出资人权益调 整，有效化解债务风险。重整计划执行完毕后，公司的资产负债结构将得到极大改善，同时公司也将积 极整合各方优质资源，构建房地产发展新模式，有效提升公司核心竞争力和盈利能力，使公司重回良性 发展轨道，实现高质量可持续健康发展。 ...

Group 1 - The core point of the article is that several residential land parcels in Ningbo, Wenzhou, and Jinhua were sold at the base price, indicating a stable but cautious real estate market in these regions [1][3][4][7][9]. Group 2 - In Ningbo, the commercial and residential land in Yinzhou was acquired by Vanke for a total price of 100,879.98 million yuan, with a floor price of 13,696 yuan per square meter [1][3]. - The residential land in Yuyao was won by Yuyao Shuncai Investment for 50,682 million yuan, resulting in a floor price of 7,500 yuan per square meter [1][4]. - The commercial and residential land in Wenzhou was secured by Pingyang Huizhen Real Estate Development for 68,700 million yuan, with a floor price of 6,299 yuan per square meter, which is lower than the previous sale price of 7,280 yuan per square meter [1][7]. - The commercial and residential land in Jinhua was obtained by the Pujiang Transportation Group for 23,744.906724 million yuan, with a floor price of 2,968 yuan per square meter [1][9].

日前，"2025年中国房企产品测评"全国入围项目进入项目展示阶段。 2025年中国房企产品测评 工作启动于9月中下旬，收到 企业及业内专家推选的优秀项目踊跃参评， 初选的入围项目已于12月3日揭晓。 详情请戳 《2025年十大作品全国20强揭晓》 本次所有入围项目仍将采用专家评审和网络票选结合的评选方式，最终评出 2025年 "全国十大高端/轻奢/品质作品""全国好房子"等奖项 ，目前相关测评工作正在有序进行 中。 点击图片查看入围项目详情 高端入围项目 北京潤園 开发企业：华润置地 一园经典 时间恒藏 全新四代墅产品 大以人为本的生活方式回归 开发企业：招商蛇口、华润置地 产品类型： 高层、洋房、别墅 建筑风格：现代 轻奢入围项目 华润三亚海棠悦府二期 开发企业：华润置地 国家海岸的松弛度假森居 开发企业：华润置地 产品类型：高层住宅 建筑风格：现代 西安玺宸上院 承载十三朝古都从容气韵，营造隐奢居住体验。 产品类型：小高及高层住宅、叠拼 产品类型： 平墅、空墅、院墅 建筑风格： 国际经典 南京瑞玺 建筑风格：新长安风 常州兆地·锦绣春秋 龍城惟此六恒科技洋房 开发企业：兆地锦绣春秋 产品类型：洋房、小高层 ...

Financial Performance - EfTEN United Property Fund reported a net profit of 236 thousand euros in November and 2.45 million euros for the first 11 months of 2025, compared to 808 thousand euros in the same period last year [1] - The net asset value (NAV) of the fund unit was 11.31 euros at the end of November, reflecting a monthly increase of 0.8% [1] - If the investment in EfTEN Real Estate Fund AS shares were recorded at its NAV, the NAV of EfTEN United Property Fund would be 11.44 euros, indicating a 0.9% monthly increase [1] Development Projects - Invego Uus-Järveküla OÜ, in which the fund holds an 80% ownership, saw clients book six terraced houses for completion in early 2026 and purchase three already completed terraced houses [2] - The development company earned a profit of 137 thousand euros in November, while EfTEN United Property Fund earned 24 thousand euros in interest income from this investment [2] - As of early December, eight unsold terraced houses were released for public sale, with a total of 12 out of 165 units remaining unsold or unbooked [2] Distributions and Investments - In December, Invego Uus-Järveküla OÜ distributed 500 thousand euros to the fund, which included approximately 100 thousand euros in accrued owner loan interest and the remainder as principal repayment [3] - The fund plans to distribute the received interest to investors in spring 2026, along with funds from the sale of the last stage of development [3] - In total, Invego Uus-Järveküla OÜ has distributed 3.2 million euros to the fund this year, with EfTEN United Property Fund having invested 3.52 million euros in the Uus-Järveküla residential development during 2021 and 2022 [3]

Core Insights - The article discusses the launch of the high-end residential project "Financial City·Beicheng S1" by Beike's subsidiary Beihome, which has garnered significant industry attention due to its innovative design and technology [1] Group 1: Project Overview - Beicheng S1 features a pioneering architectural style, three-dimensional landscape design, and comprehensive smart home technology [1] - The project is based on a C2M (Customer-to-Manufacturer) model, introducing a series of innovations that differentiate it from traditional residential offerings [1] Group 2: Industry Response - Following the opening of the Beicheng S1 demonstration area, over 50 real estate developers, including major players like China Resources Land, China Merchants Shekou, Vanke, and others, visited for inspection [1]

年末天津土地压轴喷发，今天（12月15日）正式"开幕"。 摘地房企：天津东昇城市更新产业运营有限公司 出让4宗宅地，总成交额约20亿。 分别位于河东大直沽、河北北宁公园、东丽海河柳林、西青水西。 | | | 12月15日出让土地 | | | | | --- | --- | --- | --- | --- | --- | | 土地编号 | 区域 | 占地面积 (平米) | 总建筑面积 (平米) | 成交总价 (13) | 成交楼面价 (元/平米) | | 津东直(挂) 2025-32号 | 河东大直沽 | 39969.6 | 87930 | 3.5 | 3980 (不含城更成本) | | 津北育(挂) 2025-33号 | 河北北宁公园 | 6866.5 | 10130 | 0.388 | 3830 (不含城更成本) | | 津东丽环(挂) 2025-34号 | 东丽海河柳林 | 36262.81 | 64965.77 | ﻣﺜ 6 | 9236 | | 津西青保(挂)2025-35号 | 西青水西 | 50070.91 | 90128 | | 10.82 四川号@天津905河房 | 今年1-11月共出让56宗 ...