In today’s roundup of regional news headlines, Shimao’s stock and bonds jump on reports that the embattled mainland developer is selling dozens of projects across China, while compatriot Evergrande urges holders of its offshore debt to avoid aggressive legal action… Read More>>
GLP Launches $1.1B Vietnam Logistics Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, warehouse specialist GLP launches its first fund focused on Vietnam, Chinese developer Agile Group gets a lifeline from state-backed COLI, and buyers snap up apartments at new projects in Hong Kong and Shanghai.
Evergrande Hires More Restructuring Advisors and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s restructuring process moves ahead with the hiring of additional advisors, fellow mainland developer Sunac suffers its second credit downgrade in as many days, and Singapore-listed Mapletree Logistics Trust acquires a land… Read More>>
Evergrande Bondholders Get Restless and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, conflict brews between China Evergrande and its bondholders over the terms of the group’s debt restructuring, Chinese developers’ shares jump on prospects of eased funding restrictions, and scandal-plagued Luckin Coffee plots a return… Read More>>
Singapore Tycoon Wins Vancouver Battle and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Singapore billionaire scores a victory in a running legal spat over a Canadian development site, while back in the city-state a condo block changes hands in the first collective sale since the… Read More>>
Evergrande Expected to Lose Prized Football Club and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, cash-strapped China Evergrande is reportedly set to sell out of its prized football team, Shimao Group’s chairman puts two office floors in Hong Kong up for sale, and Agile Group becomes the latest… Read More>>
Korea’s Lotte Acquires Chicago Hotel for $36M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea’s Lotte Group completes its acquisition of a Chicago hotel, China’s real estate crisis hammers bonds issued by developers Country Garden and Logan Group, and statistics show that Singapore REITs doubled their… Read More>>
ARA US Hospitality Trust Buys US Hotels for $48M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed ARA US Hospitality Trust acquires a pair of North Carolina hotels, sovereign wealth fund GIC awaits a windfall of foreign currency reserves after a rule change, and Google is buying a London… Read More>>
Shimao Asks for Repayment Delay on $183M in Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, cash-strapped Shimao Group seeks an extension for repayments on asset-backed securities, private equity bigfoot Blackstone raises its offer for Australia’s Crown Resorts a third time, and Singapore’s Metro Group forms an investment alliance… Read More>>
Shimao Says Will Avoid Default on RMB 1.9B Bond and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Shimao Group reportedly plans to repay an onshore bond coming due this weekend, Hong Kong’s Far East Consortium adds to its residential land holdings in the north of England, and China’s local government… Read More>>
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