Facing a 28 March deadline to repay principal and interest on a RMB 3 billion ($450 million) bond, Tahoe Group issued a statement to the Shenzhen stock exchange today reassuring investors that the financially troubled mainland developer would be able… Read More>>
Companies from the construction, investment and development branches of Asia’s real estate industry are all seeing top level changes in their teams this week, including a new chairman at the Hong Kong division of China’s largest construction company and a… Read More>>
Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are together acquiring an additional 31.66 percent stake in a PGIM retail real estate fund that owns a set of suburban Singaporean malls,… Read More>>
US private equity pioneer KKR expects to reach a first close on its maiden Asia real estate fund within the next three months, according to a report today by Reuters.
The funding vehicle, which would be in addition to the… Read More>>
Lee Shau Kee, chairman of Henderson Land Development and one of Hong Kong’s wealthiest men, proposes to step down from his role at the head of the company that he founded, according to an announcement today to the Hong Kong… Read More>>
Korean investors continue to raise their profile in cross-border real estate investment as JR AMC has purchased an office building in France from Tishman Speyer for KRW 220 billion ($194 million) according to reports in the Korean press.
The Seoul-based… Read More>>
Canada’s Brookfield Asset Management has agreed to purchase a set of four hotels, a hospitality development project and branding rights to one of India’s elite hotel chains from Hotel Leela Venture for INR 39.5 billion ($576 million), according to a… Read More>>
Hotels and co-living have been gaining attention around the region as competition heats up in more mainstream real estate sectors, a trend which may be reflected in the top level appointments which lead Mingtiandi’s collection of people on the move… Read More>>
Oxley Holdings announced late Thursday that it has received an unsolicited expression of interest in the amount of S$1.025 billion ($758 million) for the Chevron House building at Raffles Place, exactly one year after the Singapore-listed developer completed its purchase… Read More>>
Home price growth in China declined to its slowest place in nearly a year during the first two months of 2019, according to official government statistics released on Friday, as purchase restrictions put in place last year continued to dampen… Read More>>