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Article: BRIEFING - ASIA REAL ESTATE - AUG 19, 2009.

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AsiaPulse News
Article date:
August 19, 2009
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An executive briefing on real estate for Aug 19, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

FIRST PLOT OF PUBLIC HOUSE-RENTING LAND AVAILABLE FOR BID IN BEIJING

BEIJING - The first plot of land to accommodate houses solely for public renting is now available for bid-up in Beijing, China's capital and top real estate market.

The plot, at Xi'erqi in Haidian District of Beijing, started to receive bids on Tuesday. The first bid, at 110 million yuan (US$16 million), was received on the first day.

JAPAN'S HASEKO TO STEP UP ...

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