Bloomberg New home price growth in China quickened last month after government measures to spur demand in smaller cities took effect. The average value of new homes in 70 major cities around Asia’s biggest economy, excluding government-subsidised housing, rose 0.71 percent in May, according to data released by statistics bureau. That’s faster than an increase of 0.62 percent in April ...

Bloomberg India’s first ever real estate investment trust has outperformed peers since its debut in late March, helped by a low interest rate environment that’s forcing investors to look elsewhere for yield. Blackstone Group LP-backed Embassy Office Parks REIT has risen 21 percent since its listing, beating indexes that track REITs in Singapore and Japan. “This kind of return isn’t ...

Bloomberg Cattle farmers in Britain and Germany are among the latest winners from a shortage of meat in China. The UK and China reached a deal to allow British beef to be sold to the Asian country by year-end. That marks the first potential shipments since the 1990s, when British beef was banned amid an outbreak of mad cow disease. ...