Hong Kong’s battered investment sector is showing signs of life as a recent series of transactions, headlined by Swire … Read more>>
Singapore’s primary finance regulator today ordered the removal of the manager of Eagle Hospitality Trust in a measure aimed at remedying the woes of the troubled hotel REIT.
The judgement by the Monetary Authority of Singapore (MAS) had been expected… Read More>>
In full-year guidance released Monday, City Developments Ltd said it expected the effects of the COVID-19 pandemic to continue into 2021 as the Singaporean developer predicted a loss for 2020.
CDL foresees its global hospitality segment, led by wholly-owned subsidiary… Read More>>
A son of the chairman of Shenzhen developer Kaisa Group Holdings failed in a bid to wrest control of troubled Hong Kong finance firm Convoy Global Holdings this past week, as a shareholders meeting was halted after just ten minutes.
A half-slice of one of Singapore’s premier office towers may be soon to change hands, with OUE Commercial REIT confirming today that it is in exclusive discussions regarding a potential sale of a stake in the OUE Bayfront complex on… Read More>>
Evergrande Property Services Group Ltd has announced the details of its proposed listing on the Hong Kong stock exchange, with the public offering to take place from Monday to Thursday this week.
The company, a property management services spin-off of… Read More>>
A unit of Japan’s Sumitomo Mitsui has launched a JPY 132 billion ($1.3 billion) takeover of one of the country’s most prominent real estate fund managers, and is teaming up with Singapore’s ARA Asset Management to get the buyout completed.
Millennium & Copthorne Hotels Ltd has offered a glimpse of its recovery strategy after a 12-month period that witnessed an ill-timed privatisation, a sector-wrecking pandemic and boardroom upheaval.
After the hospitality division of Singapore-listed City Developments Ltd (CDL) reported a… Read More>>
Following a client uprising over the weekend that drove rumours of bankruptcy early this week, Beijing-based rental platform Danke Apartments may be in line for a buyout, according to local media reports.
Listed on the New York Stock Exchange as… Read More>>
A house on tony Barker Road in Hong Kong’s luxury district on The Peak has sold for HK$530 million ($68.4 million), representing a loss of HK$35 million, the Hong Kong Economic Times reported, as luxury prices in the SAR are… Read More>>
China’s Singles Day shopping celebration concluded last week with a record $74 billion in deals recorded, including finding a new match for one of the country’s spinster real estate projects.
Thanks to Alibaba’s Taobao website, which is best known as… Read More>>