Hangovers suffered from China’s cross-border buying binge dominate the real estate news across the region today, with familiar players HNA, Country Garden and CCCC taking leading roles in some financial drama. A day after HNA reported the untimely death of… Read More>>
HNA Co-Chairman Wang Jian Dies Suddenly in France
HNA founder and co-chairman Wang Jian died suddenly in a reported accident this week at age 57, according to an announcement today by the troubled Chinese conglomerate.
“He stood on the edge of a sharp drop to get his family… Read More>>
China Vanke Joins Tencent, Alibaba in RMB 10B CMC Deal and More Asia Real Estate Headlines
Still on the mend from a bruising takeover battle that transformed it into a state-owned entity mainland development giant China Vanke shows signs of expanding beyond its core business in putting buildings this week as it joins the country’s two… Read More>>
Greentown China Clamps Down on Cashflow as Govt Triggers a Mainland Credit Squeeze
Greentown China, which nearly became a casualty of the mainland’s previous housing slowdown in 2014, has raised concern among investors this week after the Hangzhou-based developer issued a notice urging staff to urgently improve the company’s cashflow.
The notice distributed… Read More>>
Warburg-Backed Hospitality Investor Buys Pair of Historic Cambodian Hotels
Lodgis Hospitality Holdings, a Singapore-based hotel investor and developer backed by Warburg Pincus and VinaCapital has completed the acquisition of a pair of heritage hotels in Cambodia, according to an announcement by the two-year-old firm.
The Indochina-focused hotel firm purchased… Read More>>
HNA Said Shopping Radisson Hotels Amid Cash Crunch and More Asia Real Estate Headlines
China’s troubled HNA Group leads the region’s real estate news again today as the once-trigger happy buyer continues to unload assets around the globe. Chen Feng’s transport and tourism-focused group is now said to be selling off Minnesota’s Radisson Hotel… Read More>>
Gaw Capital Buys Melbourne Complex for A$157M
Gaw Capital Partners continues to be in buy mode this week as the Hong Kong-based investment manager has headed south to Melbourne, Australia to pick up a hospitality and office complex for A$157 million ($115 million)
The family run real… Read More>>
Asia Real Estate People in the News 2018-07-02
The job market for Asia’s real estate professionals remains hot as we enter July with an Ascendas-Singbridge veteran finding a new role with a local developer and a long-time Cushman executive finding a new place in a competitor’s flexible office…. Read More>>
How China Won Control of a Sri Lankan Port and More Asia Real Estate Headlines
China’s Belt and Road initiative leads the region’s real estate news again today as a report deals how the global infrastructure program has led to mainland control of strategic infrastructure in Sri Lanka. Investors of a smaller scale are also… Read More>>
Warburg-Embassy JV Buys Site for $88M India Project and More Asia Real Estate Headlines
India, Dallas, Vietnam and Beijing all make it into today’s collection of headlines as we go regionwide to bring you all the latest deals. At the top of the news on the way to what could be a $1 billion… Read More>>
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