Wang Jianlin’s Dalian Wanda Group continues to sell off piece of business units once touted as the future of the company, as a news report in China says the conglomerate will sell its online payment unit to e-commerce giant JD.com’s… Read More>>
Straits Trading Agrees to Acquire Trio of Tokyo Buildings and More Asia Real Estate Headlines
Singapore’s hunger for overseas property leads Mingtiandi’s roundup of real estate headlines today as one of the city state’s most active private investment firms has agreed to buy a set of three buildings in Tokyo.
Hong Kong’s ongoing struggles also… Read More>>
Asia Real Estate People in the News 2019-03-11
Mingtiandi’s survey of personnel moves in real estate firms across Asia this week leads off with another Hong Kong-listed developer finding top leadership close to home, although this Guangzhou builder at least ventured beyond blood ties for its latest board… Read More>>
Asia Real Estate People in the News 2017-08-21
It’s nearly time to wrap up those summer vacations and get back to work, and many of Asia’s real estate professionals will be returning from their summer road trips to start driving new desks this month. Leading off this week,… Read More>>
KWG and Longfor Win Kai Tak Site With HK$7.3B Bid
Developers KWG Property Holdings and Longfor Properties have become the latest mainland home builders to buy into Hong Kong’s Kai Tak area after a HK$7.3 billion ($938 million) joint bid by the two developers won a residential site in the… Read More>>
Logan and KWG Pay Record $2.2 Bil for Site on HK’s Ap Lei Chau Island
Hong Kong’s property wildfire continues to rage after a pair of mainland developers agreed on Friday to pay a record HK$16.86 billion (US$2.17 billion) for a waterfront residential site on the city’s Ap Lei Chau island, according to an announcement… Read More>>
Greenland Greenlighted for 240M London Tower and More China Real Estate Headlines 2016-02-23
China’s second largest developer has now won approval to build Europe’s tallest homes along Canary Wharf, while a Singaporean serviced apartment operator ties up with the mainland’s biggest construction firm to open more units in China. Also a bit more… Read More>>
HK-Listed Developer KWG Tied to Guangzhou Corruption Case
Kong Jian Min, the chairman of KWG Property Holdings, is ranked 181st on the Forbes China Rich List, with a personal fortune estimated at $950 million. According to a report on mainland news site Caixin today, however, the Guangzhou real… Read More>>
Most New China Developer Bonds Now Trading Below Issue Price
As a credit crunch caused the collapse of a private Chinese real estate developer this week, and following just two weeks after the country’s first commercial bond default, dollar-denominated bonds from the country’s real estate developers are suffering on regional… Read More>>
Investment Bank Downgrades China’s Real Estate Developers Over Lack of Land
China’s real estate developers will struggle to maintain growth over the next few years as many of them run out of available stock to sell and competition for new sites erodes margins and limits opportunities for expansion according to a… Read More>>