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KSH executive chairman and managing director Choo Chee Onn

Singapore Developers KSH, H10, SLB Buying District 12 Residential Project for $160M

KSH executive chairman and managing director Choo Chee Onn

2022/07/27 by Beatrice Laforga Leave a Comment

A consortium of local developers led by KSH Holdings has snapped up an ageing apartment complex along Singapore’s Serangoon Road for S$222.18 million ($160 million), striking a deal with the existing condo owners less than two months after the property… Read More>>

A consortium of local developers led by KSH Holdings has snapped up an ageing apartment complex along Singapore’s … Read more>>>

Country Garden Chairman Yang Guoqiang

Country Garden Selling $360M in Discounted Shares to Aid Offshore Refinancing

Country Garden Chairman Yang Guoqiang

2022/07/27 by Christopher Caillavet Leave a Comment

Country Garden Holdings, long considered one of the healthier specimens among China’s ailing developers, plans to sell HK$2.83 billion ($361 million) in new shares at a discount to shore up its decaying financial position.

Guangdong-based Country Garden will place 870… Read More>>

Country Garden Holdings, long considered one of the healthier specimens among China’s ailing developers, plans to sell … Read more>>>

Yan hao Jingrui

Jingrui Struggles to Explain $730M in Vanishing Bank Deposits After PwC Bows Out

Yan hao Jingrui

2022/07/26 by Christopher Caillavet Leave a Comment

Jingrui Holdings has made a series of disclosure to the Hong Kong exchange, struggling to explain the mysterious disappearance of over RMB 4.9 billion ($730 million) in claimed bank deposits that led to PricewaterhouseCoopers resigning as its auditor in May.

… Read More>>

Jingrui Holdings has made a series of disclosure to the Hong Kong exchange, struggling to explain the mysterious … Read more>>>

Xia Haijun, CEO of Evergrande

Evergrande Fires CEO and CFO Over Alleged Illicit Loan Scheme

Xia Haijun, CEO of Evergrande

2022/07/25 by Christopher Caillavet Leave a Comment

China Evergrande forced its chief executive and chief financial officer to resign last week, citing their involvement in a scheme in which loans secured by pledge guarantees were transferred and diverted back to the debt-saddled developer via unnamed third parties… Read More>>

China Evergrande forced its chief executive and chief financial officer to resign last week, citing their involvement in … Read more>>>

Albert Yeung Emperor International

Shouson Hill Home Sells for $55M as Turbulence Challenges HK Luxury Market

Albert Yeung Emperor International

2022/07/25 by Christopher Caillavet Leave a Comment

A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing resilience in demand for high-end homes as higher interest rates threaten to tamp down luxury market sentiment.

House 11 in… Read More>>

A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing … Read more>>>

Shinhan Cho Yong-byoung

KKR, IGIS Buying Shinhan Investment’s Seoul Headquarters for $487M

Shinhan Cho Yong-byoung

2022/07/24 by Christopher Caillavet Leave a Comment

Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime local partner IGIS Asset Management to acquire Shinhan Investment Corporation’s Seoul headquarters for KRW 639.5 billion ($487 million).

Shinhan Investment… Read More>>

Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime … Read more>>>

New World's Henry Cheng

New World Puts New Territories Mall on the Market for $764M

New World's Henry Cheng

2022/07/24 by Pawara Laothamatas Leave a Comment

New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New Territories as the Hong Kong-listed developer shops a number of non-core properties in the city, according to market sources.

The… Read More>>

New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New … Read more>>>

JLL Jim Yip

ESR Buys Business Park in Shanghai’s Pharma Valley as First Life Sciences Asset

JLL Jim Yip

2022/07/21 by Christopher Caillavet Leave a Comment

ESR has acquired a business park in the Shanghai biotech cluster known as Zhangjiang Pharma Valley, marking the industrial specialist’s first-ever life sciences asset.

Hong Kong-listed ESR bought the two-building campus from mainland developer Yango for an undisclosed price earlier… Read More>>

ESR has acquired a business park in the Shanghai biotech cluster known as Zhangjiang Pharma Valley, marking the … Read more>>>

Amelie-Delaunay

French Fund Manager Latest to Join Migration to Singapore

Amelie-Delaunay

2022/07/21 by Christopher Caillavet Leave a Comment

Paris-based investment group La Francaise will open a Singapore office at Frasers Tower in Tanjong Pagar, becoming the latest global fund manager to establish a beachhead in the Southeast Asian powerhouse.

Singapore is just the third Asia Pacific market for… Read More>>

Paris-based investment group La Francaise will open a Singapore office at Frasers Tower in Tanjong Pagar, becoming the … Read more>>>

Mapletree Industrial Trust Targets Data Centre Opportunities in Europe, APAC

2022/07/20 by Beatrice Laforga Leave a Comment

Mapletree Industrial Trust vows to continue scaling up its data centre business through acquisitions in Singapore and the United States, as well as in new markets in Europe and Asia Pacific, after the Temasek-backed real estate investment trust saw its… Read More>>

Mapletree Industrial Trust vows to continue scaling up its data centre business through acquisitions in Singapore and … Read more>>>

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