The continuing decay in China’s real estate sector leads today’s collection of headlines from around the region, with Moody’s downgrading one of the country’s largest developers to junk. Also making the list today, PGIM launches a tech-powered investment platform and… Read More>>
Morgan Stanley Says Chinese Afraid to Buy Homes and More Asia Real Estate Headlines
Buying a home in China was once a step on the road to wealth, but it may now look like the first chapter in a horror story, according to a Morgan Stanley survey that leads today’s headline roundup. Also in… Read More>>
Creditors of China’s Kaisa Could Face 95% Loss and More Asia Real Estate Headlines
A pioneer of Chinese developer defaults is said to be warning that creditors would lose 95 percent of their money if the company is liquidated, with that story leading today’s collection of real estate headlines from around the region. Also… Read More>>
Investor in Evergrande EV Unit Freezes Payments and More Asia Real Estate Headlines
A fresh setback in China Evergrande Group’s quest for solvency leads today’s list of real estate headlines from around Asia as a would-be investor in the company’s car unit freezes payments. Also in the news, Country Garden faces another bond… Read More>>
Court Approves Sunac’s $10.2B Debt Restructuring and More Asia Real Estate Headlines
Sunac China Holdings could be on its way to becoming China’s first major developer to work out a debt restructuring deal with lenders, with that story leading today’s roundup of news from around the region. Also making the list is… Read More>>
China SCE Seeks Offshore Debt Restructuring and More Asia Real Estate Headlines
Another major mainland developer is going to offshore bond investors to ask for a restructuring of its payment obligations, with that story leading today’s set of real estate headlines from around Asia. Also in the news, Hong Kong slashes land… Read More>>
Hong Kong Banks Struggle to Sell Foreclosed Homes and More Asia Real Estate Headlines
Hong Kong’s sliding residential market leads today’s collection of real estate headlines, with banks in Asia’s most expensive housing market struggling to find buyers for foreclosed properties. Also making the list is a UOL residential project in Singapore and an… Read More>>
Vietnam Says Van Thinh Phat Committed $1.2B Fraud and More Asia Real Estate Headlines
The scam that brought down Vietnam’s real estate market leads today’s collection of headlines from around the region, with police in Southeast Asia’s fastest-growing economy giving an update on the Van Thinh Phat saga. Also in the news, Evergrande resumes… Read More>>
Hong Kong Picks HKMA Official to Lead $8B Fund and More Asia Real Estate Headlines
Hong Kong is setting up a new $8 billion municipal investment fund and has named an executive at the city’s de facto state bank as its first CEO, with that story leading Mingtiandi’s headline roundup today. Also in the news,… Read More>>
Cheung Kei Chief’s Seized Hong Kong Flat Sold at 39% Off and More Asia Real Estate Headlines
Chen Hongtian’s seized Hong Kong flat finally selling at 39 percent below the valuation price leads today’s collection of real estate headlines from around the region. Also in the news, China Evergrande has sold its yacht for $32 million as… Read More>>