Eagle Quest Properties

The new congress center for the 4th World Solar Cities Conference, which takes place in September 2010, is now complete. Located in Dezhou of the Shandong Province, the 75,000 square meter (807,293 square feet) center includes exhibition centers, scientific research facilities, meeting and training facilities, and a hotel. It'll be a showcase of solar design, solar desalination, and, of course, about 50,000 square-feet of solar panels on the exterior.

With advanced roof and wall insulation, the conference center is supposed to be about 30% more efficient than China's national standard. And, notwithstanding its size, renewable energy will power 95% of the center's energy needs.

via Massive Solar Powered Sundial Building Now Complete in Dezhou, China.

Billionaire Henry Sy, whose retail empire has made him the richest man in the Philippines, may build as many as three malls a year in China to expand in the first major economy to rebound from the global recession.

“We have 34 malls in the Philippines and China is a market that’s 13 times bigger” by population, said Hans Sy, president of SM Prime Holdings Inc., a unit of his father’s SM Investments Corp. SM Prime, the biggest Philippine mall operator, is spending 5.5 billion pesos ($115 million) this year in China.

via Philippines’ Richest Man Sy to Expand Empire in China (Update2) – Bloomberg.com.

People’s Daily Online — Development of commercial property in China to peak in 2008.

Vacant commercial properties are growing in China, new construction of commercial properties are still experiencing growth, which will ultimately culminate in a dismal commercial real estate market.