Asia Pacific real estate investment news and information
SGX-listed Boustead Singapore has received acceptances from shareholders representing more than 90 percent of the issued shares in Boustead Projects, setting the stage for the investment firm to delist the property and construction division and take it private.
Valid acceptances… Read More>>
SGX-listed Boustead Singapore has received acceptances from shareholders representing more than 90 percent of the issued … Read more>>>
WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity about $1.5 billion in debt and extend the maturity date of $1.9 billion in other debt, as the loss-making… Read More>>
WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity … Read more>>>
Li Ka-shing’s CK Asset Holdings reported a 2022 profit attributable to shareholders of HK$21.7 billion (now $2.8 billion), up 2 percent from a year earlier, as big-ticket divestments of properties in London and Shanghai buoyed earnings.
Revenue from property sales… Read More>>
Li Ka-shing’s CK Asset Holdings reported a 2022 profit attributable to shareholders of HK$21.7 billion (now $2.8 … Read more>>>
Just over a year after buying a landmark office building in London for £718 million (then $972 million), Singapore’s Ho Bee Land is selling off assets in its home market with the stock exchange having recently queried the developer over… Read More>>
Just over a year after buying a landmark office building in London for £718 million (then $972 million), Singapore’s Ho … Read more>>>
CIFI Holdings is shopping some of its most high-profile real estate assets in its Shanghai hometown, including its headquarters building held with joint venture partner Henderson Land, as the cash-strapped builder warns of a multibillion-dollar loss in its full-year financial… Read More>>
CIFI Holdings is shopping some of its most high-profile real estate assets in its Shanghai hometown, including its … Read more>>>
Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction Bank for RMB 132.4 million ($19.2 million), as the mainland developer continues to unload assets after a recent default on offshore debt.
Jingrui… Read More>>
Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction … Read more>>>
A condo in the Orchard Road area has leased for a record S$15.60 per square foot per month, setting a new high-water mark in Singapore’s apartment market with analysts seeing the potential for even pricier deals in the future.
An… Read More>>
A condo in the Orchard Road area has leased for a record S$15.60 per square foot per month, setting a new high-water … Read more>>>
Evergrande boss Xu Jiayin still holds the reins of what was once China’s biggest builder, but his pile of assets is getting whittled down with an HK$880 million ($112.1 million) mansion formerly held by the developer said to be nearing… Read More>>
Evergrande boss Xu Jiayin still holds the reins of what was once China’s biggest builder, but his pile of assets is … Read more>>>
Mainland builder Kaisa Group Holdings posted a loss of RMB 13.3 billion (now $1.9 billion) in its long-delayed 2021 annual report released Thursday, sending shares tumbling when they resumed trade Friday morning after a suspension since last April.
The red… Read More>>
Mainland builder Kaisa Group Holdings posted a loss of RMB 13.3 billion (now $1.9 billion) in its long-delayed 2021 … Read more>>>
Swire Properties posted a 9 percent decline in its full-year underlying profit, primarily due to a reduction in income from the sale of car parking spaces at the Hong Kong-based developer’s Taikoo Shing residential project in Quarry Bay.
Underlying profit… Read More>>
Swire Properties posted a 9 percent decline in its full-year underlying profit, primarily due to a reduction in income … Read more>>>
