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Tim Blackburn Swire

Swire Developing Shenzhen Hotel in Expansion of House Collective Brand

Tim Blackburn Swire

2022/08/10 by Christopher Caillavet Leave a Comment

Swire Properties has revealed plans to open an ultra-luxury hotel in Shenzhen under The House Collective brand, marking the blue-chip developer’s second announcement of a new hotel in less than a month.

As the first entry in Shenzhen for the… Read More>>

Swire Properties has revealed plans to open an ultra-luxury hotel in Shenzhen under The House Collective brand, marking … Read more>>>

Li Sze-lim R&F

Guangzhou R&F 2021 Net Loss Doubles to $2.4B After Write-Down

Li Sze-lim R&F

2022/08/09 by Mingtiandi Team Leave a Comment

Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial results on Sunday, reporting a net loss of RMB 16.4 billion ($2.4 billion). That figure was nearly double the loss of RMB 8.7 billion which R&F had… Read More>>

Distressed Chinese property developer Guangzhou R&F Properties announced its long-delayed 2021 audited financial … Read more>>>

kei hoi pang Logan

Logan Halts Payments on Offshore Bonds, Appoints Advisors for ‘Holistic’ Restructuring

kei hoi pang Logan

2022/08/08 by Christopher Caillavet Leave a Comment

Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 billion debt load, including the suspension of interest payments on five sets of offshore bonds maturing over the next six… Read More>>

Chinese developer Logan Group has provided new details of the “holistic” approach it will take to work through its $6.6 … Read more>>>

ivan ho kailong

Kailong Buying New Territories Industrial Building From Tang Family for Reported $55M

ivan ho kailong

2022/08/04 by Pawara Laothamatas Leave a Comment

Fund manager Kailong Group has agreed to acquire ownership of 90 percent of the space in a New Territories industrial building from the family of Hong Kong’s late “Shop King” Tang Shing-bor, according to sources familiar with the deal.

Kailong… Read More>>

Fund manager Kailong Group has agreed to acquire ownership of 90 percent of the space in a New Territories industrial … Read more>>>

Ben Keswick Hongkong Land

Hongkong Land Swings to H1 Profit, Cautious on Full-Year Results

Ben Keswick Hongkong Land

2022/08/01 by Christopher Caillavet Leave a Comment

Hongkong Land posted a first-half profit attributable to shareholders of $292 million, reversing a year-earlier loss of $865 million, but the builder remains lukewarm on the full-year outlook as anti-COVID measures roil office leasing in its home patch and sporadic… Read More>>

Hongkong Land posted a first-half profit attributable to shareholders of $292 million, reversing a year-earlier loss of … Read more>>>

China Evergrande Centre Wanchai

China Evergrande Marketing Hong Kong HQ at 28% Markdown

China Evergrande Centre Wanchai

2022/07/31 by Mingtiandi Team Leave a Comment

China Evergrande Group is marketing its Hong Kong headquarters at a valuation of around HK$9 billion ($1.15 billion), with Li Ka-shing’s CK Asset Holdings having placed a bid for the Wan Chai office tower, according to sources who spoke with… Read More>>

China Evergrande Group is marketing its Hong Kong headquarters at a valuation of around HK$9 billion ($1.15 billion), … Read more>>>

peter wittendorp silkroad

SilkRoad Buys 14 Central Singapore Shophouses for $80M

peter wittendorp silkroad

2022/07/31 by Beatrice Laforga Leave a Comment

SilkRoad Property Partners picked up a portfolio of 14 shophouses in central Singapore’s Chinatown area for over S$110 million ($80 million) in the latest acquisition on behalf of its value-add strategy, according to market insiders who spoke with Mingtiandi.

The… Read More>>

SilkRoad Property Partners picked up a portfolio of 14 shophouses in central Singapore’s Chinatown area for over S$110 … Read more>>>

Shengjjing bank

Evergrande Loses $1.1B Arbitration Case After Missing Restructuring Deadline

Shengjjing bank

2022/07/31 by Michael Cole Leave a Comment

After failing to meet a promised deadline for announcing a restructuring plan, China Evergrande announced late on Sunday that a subsidiary of the mainland developer has lost a RMB 7.3 billion ($1.1 billion) arbitration case brought by a creditor.

Read More>>

After failing to meet a promised deadline for announcing a restructuring plan, China Evergrande announced late on Sunday … Read more>>>

Lim Chow Kiat - GIC CEO thumbnail

Singapore’s GIC Ups Real Estate Allocation to 10% as Inflation Threat Looms

Lim Chow Kiat - GIC CEO thumbnail

2022/07/28 by Christopher Caillavet Leave a Comment

Singapore’s GIC increased its allocation to real estate assets to 10 percent during its most recent fiscal year, from 8 percent a year earlier, as the sovereign wealth fund frets over inflation and growing uncertainty.

For the 12 months which… Read More>>

Singapore’s GIC increased its allocation to real estate assets to 10 percent during its most recent fiscal year, from 8 … Read more>>>

Martin Lee

Carlyle Moving Hong Kong HQ to The Henderson in Central

Martin Lee

2022/07/28 by Pawara Laothamatas Leave a Comment

Henderson Land Development has secured a second tenant at its 36-storey office building in Hong Kong’s Central business district, with US private equity giant Carlyle Group having agreed to lease about 20,000 square feet (1,858 square metres) of space at… Read More>>

Henderson Land Development has secured a second tenant at its 36-storey office building in Hong Kong’s Central business … Read more>>>

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