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Shimao Hui Wing Mau

Tahoe Selling Hangzhou Project Stake to Shimao in RMB 928M Deal

Shimao Hui Wing Mau

2019/05/01 by Jan Kot Leave a Comment

Troubled mainland developer Tahoe Group on 27 April announced to the Shenzhen stock exchange that it has agreed to sell a 49 percent stake in a mixed-use project in Hangzhou, the capital of China’s Zhejiang province to Shimao Properties for… Read More>>

Troubled mainland developer Tahoe Group on 27 April announced to the Shenzhen stock exchange that it has agreed to sell … Read more>>>

Adam Neumann WeWork

WeWork Files for IPO – Valuation Remains a Mystery

Adam Neumann WeWork

2019/04/30 by Michael Cole 1 Comment

Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.

The shared office giant late on Monday revealed that… Read More>>

Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – … Read more>>>

Ching Chiat Kwong Oxley

AEW Buying Singapore’s Chevron House From Oxley for S$1B

Ching Chiat Kwong Oxley

2019/04/30 by Jan Kot Leave a Comment

Property developer Oxley Holdings has agreed to sell Chevron House, an office building at Raffles Place for up to S$1.025 billion ($758 million), according to a filing by the company with the Singapore Stock Exchange on Tuesday.

The buyer, according… Read More>>

Property developer Oxley Holdings has agreed to sell Chevron House, an office building at Raffles Place for up to … Read more>>>

Park Hyeon Joo Mirae

Mirae Asset, Korea Post Buy Seoul Tower From ADIA and CBRE GI for KRW 589B

Park Hyeon Joo Mirae

2019/04/29 by Michael Cole Leave a Comment

A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 billion ($507 million), according to a statement last week from a brokerage representing the seller of the 24-storey office… Read More>>

A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 … Read more>>>

Alpha Investment Partners CEO Alvin Mah

Keppel Capital Buys Trio of Seoul Office Buildings From Samsung SRA for KRW 430B

Alpha Investment Partners CEO Alvin Mah

2019/04/29 by Michael Cole Leave a Comment

Singapore private equity firm Keppel Capital has agreed to purchase a set of three Seoul office buildings for a combined KRW 430 billion ($370.5 million), according to an announcement by the firm on Monday.

Keppel Capital is buying the asset… Read More>>

Singapore private equity firm Keppel Capital has agreed to purchase a set of three Seoul office buildings for a combined … Read more>>>

Lin Tengjiao Sunshine City

Developer Sunshine City Plans RMB 22B in Fund Raising and More China Finance News

Lin Tengjiao Sunshine City

2019/04/29 by Iris Poon Leave a Comment

Following a modest rebound in home-buying sentiment last week, several large real estate developers in mainland China announced plans to raise new debt financing as competition grows for land purchases.

During this past week, Shenzhen-listed developer Sunshine City revealed that… Read More>>

Following a modest rebound in home-buying sentiment last week, several large real estate developers in mainland China … Read more>>>

Jiang Xiuwen Yida China

CMIG Debt Crisis Triggers RMB 8.7B Default at Dalian Developer Yida China

Jiang Xiuwen Yida China

2019/04/28 by Jan Kot Leave a Comment

Hong Kong-listed Yida China announced on 22 April that a financial crisis at its parent company had left it facing a default on loans with an outstanding principal of RMB 8.75 billion ($1.3 billion), with the developer saying it has yet… Read More>>

Hong Kong-listed Yida China announced on 22 April that a financial crisis at its parent company had left it facing a … Read more>>>

Paul Tham Keppel REIT

Keppel REIT Buys PGIM Office Asset for $221M to Break into Seoul Market

Paul Tham Keppel REIT

2019/04/24 by Jan Kot Leave a Comment

Singapore-listed Keppel REIT has agreed to acquire a freehold Grade A office building located in Seoul’s central business district from PGIM Real Estate, for 252.6 billion won ($221 million), according to an annoucement by the listed trust’s manager.

Keppel REIT… Read More>>

Singapore-listed Keppel REIT has agreed to acquire a freehold Grade A office building located in Seoul’s central … Read more>>>

HNA Chen Feng

HNA Unit Says Creditors Seized Assets in SG, US, China After Loan Default

HNA Chen Feng

2019/04/24 by Jan Kot 1 Comment

Lenders to CWT International Ltd have seized control of its assets in Singapore, China and the US after the unit of HNA Group failed to repay a short term loan taken out last October, a filing to the Hong Kong… Read More>>

Lenders to CWT International Ltd have seized control of its assets in Singapore, China and the US after the unit of HNA … Read more>>>

wang zhenhua future holdings

Future Holdings Bond Binge Continues with $1B Barrage and More China Finance News

wang zhenhua future holdings

2019/04/23 by Iris Poon Leave a Comment

Chinese developers continue to issue bonds both onshore and offshore this month with Jiangsu-based Future Holdings selling another $1 billion in bonds via offshore markets.

Two of the mainland’s more financially challenged builders this year also made their way into… Read More>>

Chinese developers continue to issue bonds both onshore and offshore this month with Jiangsu-based Future Holdings … Read more>>>

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