Asia Pacific real estate investment news and information
China’s most highly leveraged developer has a new custodian for its growing stack of financial obligations, as Evergrande Real Estate moved out its former CFO in favor of understudy Pan Darong.
Pan took on the role of chief financial officer… Read More>>
In today’s real estate headlines even one of Hong Kong’s most established property tycoons is feeling the pressure as the city’s land prices soar at the same time that home prices slide. Meanwhile, the city’s biggest developer denies reports it… Read More>>
Leading today’s Asia real estate news is a deal in Chicago, as China’s richest man gets started on that city’s third tallest building, while back in the old world top-five mainland developer Country Garden goes after another megaproject in a… Read More>>
Leading the news today, troubled Chinese developer Glorious Property has missed a bond payment exactly one year after an early default that was resolved once bondholders got lawyered up. Also in the headlines, Hong Kong homebuilders seem in a hurry… Read More>>
Some of the world’s biggest real estate investors may be competing for a rare chance for a $1.8 billion stake in one of India biggest property developers, while back in China the government is setting out new rules for foreign… Read More>>
Anbang Insurance, the Chinese company that burst on stage in late 2014 with its $1.95 billion acquisition of the Waldorf Astoria, is headed for a Hong Kong stock market listing as early as the middle of next year. While the… Read More>>
European heavyweight Allianz Real Estate has hired Rushabh (Rush) Desai to head its Asia Pacific business, where the long-time General Electric executive will be reunited with his former boss Francois Trausch, who now runs Allianz Real Estate globally.
Desai joins… Read More>>
The four families that control much of Hong Kong’s property market could soon be pushed aside by faceless mainland conglomerates as a buying spree by state-run enterprises continues to reshape the Asian financial hub. In other news, Wanda boss Wang… Read More>>
Knight Frank has named agency veteran Bernard Ong to run its Beijing office as well as serving as head of project management for China. The senior hire is the third top level addition to Knight Frank’s China team in the… Read More>>
Home purchase restrictions are back in fashion in China as cities try to put the brakes on the property roller coaster. Also in the news, Singapore’s CapitaLand Group has begun managing other people’s malls in China, and Xu Jiayin’s Evergrande… Read More>>
