Asia Pacific real estate investment news and information
The credit problems facing Kaisa Group continue to deepen as it was revealed today that at least three financial institutions, including Chinese state-owned banks, are suing the troubled real estate developer and seek to seize the company’s projects.
According to… Read More>>
Chinese real estate developer Kaisa Group dug itself still deeper into default yesterday when the Hong Kong-listed company failed to make $26 million in interest payments due on offshore bonds.
The bond default is Kaisa’s second failure to meet debt… Read More>>
The balance of power in China’s retail world continued to shift away from one-size-fits all shops this week when Dalian Wanda announced plans to shutter 10 department stores nationwide, and restructure another 20.
The decision by the China retail real… Read More>>
China’s real estate market may still be stuck in an eight-month long slide but China’s real estate developers still are eager to buy more land – at least in China’s largest cities. So eager that they are willing to pay… Read More>>
Real estate services provider Colliers International bolstered its ability to win investment transactions this week by hiring veteran China deal broker Dominic Chung from rival CBRE.
Chung will be joining Colliers as Executive Director, Capital Markets & Investment Services, Asia… Read More>>
How bad is China’s real estate slump? For one of the country’s biggest real estate agencies, the eight-month-long slide in housing prices, and the fall off in deals that has accompanied it, means the end of its listing on the… Read More>>
Chinese real estate investors are known for their confidence, but now one company from Hebei is paying nearly a million Canadian dollars to try to bring back the dead. Or at least a dead village.
According to a real estate… Read More>>
Kaisa Group, which defaulted on a $51.6 million loan last week, is said to have become the biggest of China’s real estate developers to go bankrupt today when the Hong Kong-listed company decided that it was ceasing all activities until it could… Read More>>
China has a new real estate sales champion, as development of overseas projects has helped move Shanghai’s Greenland Group to the top of the country’s property sector.
According to figures released this week, state-owned Greenland increased its contracted sales in… Read More>>
China’s real estate community kept busy over the holidays trying out their new jobs, with a long-time JLL broker shifting cities and switching departments, IKEA bringing on new talent and sending successful veterans on to new posts, and more. Read… Read More>>
