Chinese electronics and home appliances retailer Gome has published its unaudited performance results for first three quarters of 2011, stating that from January to September 2011, its total revenue increased by 18.01% year-over-year to CNY43.983 billion, while its net profit increased by 24.38% year-over-year to CNY1.791 billion.

Investment in China's real estate sector in the first eleven months of 2010 grew by more than a third over the preceding year.

The newly-built Shanghai Joy City, located on the Qufu intersection of Tibet North Road with a total construction area of 68,000 square meters, was opened last week.

The Blackstone Group has inked an agreement to manage Bank of America Merrill Lynch's Asian real estate assets across Asia, with the majority in Japan, China, India and South Korea.

Financial Street Holding has announced in Hong Kong that its wholly-owned subsidiary Beijing Jinsheng Real Estate Development Company has signed a 20-year lease agreement with Galeries Lafayette (China).

According to a CB Richard Ellis Group Inc. survey, Hong Kong's Central Business District continued to rank globally in second place as the most expensive and also recorded the fastest year-over-year occupancy cost rise with a 34.2% increase.