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Christopher Caillavet

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan (Getty Images)

Evergrande Clinches Deal to Restructure $19.1B in Offshore Debt

2023/03/23 by Christopher Caillavet Leave a Comment

The wait is over for details of China Evergrande’s debt restructuring plan, with the world’s most leveraged developer saying Wednesday that it had secured binding agreements with holders of $19.1 billion of the company’s offshore debt.

The term sheets published… Read More>>

Sutas Kongdumrongkiat NTT

NTT to Develop $90M Data Centre in Thailand’s Eastern Economic Corridor

2023/03/23 by Christopher Caillavet Leave a Comment

The IT infrastructure division of Japanese telecom group NTT is investing THB 3 billion ($90 million) to develop a 12-megawatt data centre as the company’s largest facility in Thailand.

Located 57 kilometres (35.4 miles) from central Bangkok at Amata City… Read More>>

45 Barker Road Hong Kong

Mansion on Hong Kong’s Peak Eyes Asia Price Record and More Asia Real Estate Headlines

2023/03/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a mainland buyer circles a Hong Kong mansion for a potential record-breaking deal, and Evergrande’s restructuring plan receives lukewarm reviews.

Barker Road Mansion Set to Sell for Record Price Per… Read More>>

Ben Taylor Nuveen

Nuveen, Phoenix, GreenFort and Scape Explore Australia to Close Out Residential Forum

2023/03/22 by Christopher Caillavet Leave a Comment

The fourth and final session of Mingtiandi’s APAC Residential Forum journeys to Australia on Thursday for a panel discussion examining the country’s investment market for living spaces.

Mingtiandi founder Michael Cole will host four experts on residential investment Down Under:… Read More>>

Parry Ave URA site Singapore

Singapore Assisted Living Tender Draws Four Bids and More Asia Real Estate Headlines

2023/03/22 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the tender for a private assisted living project in Singapore’s Kovan neighbourhood attracts meagre interest, and China’s Agile Group warns of an eye-popping 2022 loss.

URA Tender Draws Four Bids… Read More>>

Wendell Cox Demographia

Hong Kong Still World’s Least Affordable Housing Market Despite Property Slump

2023/03/21 by Christopher Caillavet Leave a Comment

Hong Kong has defied an ongoing property slump to maintain its distinction as the world’s least affordable housing market, according to the results of a Demographia survey.

The median home price in the Asian financial hub stood at 18.8 times… Read More>>

Boustead Singapore chairman Wong Fong Fui

Boustead Projects Set for Delisting After Offer Acceptance Crosses 90%

2023/03/21 by Christopher Caillavet Leave a Comment

SGX-listed Boustead Singapore has received acceptances from shareholders representing more than 90 percent of the issued shares in Boustead Projects, setting the stage for the investment firm to delist the property and construction division and take it private.

Valid acceptances… Read More>>

The Star casino Sydney

Hong Kong-Backed Star Admits Aussie Casino Guilt and More Asia Real Estate Headlines

2023/03/21 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Aussie casino operator Star Entertainment owns up to illegally allowing chip purchases using credit cards, and Japan’s Star Asia REIT secures first dibs on a Tokyo student housing property.

FEC,… Read More>>

masa son softbank

SoftBank Throws WeWork $1.5B Lifeline After Stock Slides 90% Since Listing

2023/03/20 by Christopher Caillavet Leave a Comment

WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity about $1.5 billion in debt and extend the maturity date of $1.9 billion in other debt, as the loss-making… Read More>>

greg goodman ceo

Goodman Enters Air Cargo Logistics JV at Japan’s Narita Airport

2023/03/20 by Christopher Caillavet Leave a Comment

Goodman Group will join with local partners in developing air cargo logistics infrastructure on a 70 hectare (172 acre) site at Narita International Airport, as the Aussie industrial specialist carries out a plan to expand its development workbook in Japan… Read More>>

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