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Zhou Xin E-House

Real Estate Agency E-House China Files for Hong Kong IPO

Zhou Xin E-House

2018/05/02 by Shawna Kwan Leave a Comment

Less than two years after delisting from the New York Stock Exchange, China’s largest real estate agency has submitted an IPO application to the Hong Kong Stock Exchange, according to a statement uploaded to the exchange’s website.

E-House China, which… Read More>>

Less than two years after delisting from the New York Stock Exchange, China’s largest real estate agency has submitted … Read more>>>

Wang Jianlin

Wanda Saw 22% Drop in Profits From Commercial Properties in 2017

Wang Jianlin

2018/05/01 by Shawna Kwan Leave a Comment

Wanda Commercial Management Group, formerly known as Dalian Wanda Commercial Properties Co, recorded a 22 percent drop in profit generated from investment properties in 2017, according to a report in Tencent-owned business new site Yixian.

The developer’s operating profit from investment… Read More>>

Wanda Commercial Management Group, formerly known as Dalian Wanda Commercial Properties Co, recorded a 22 percent drop … Read more>>>

Yang Guoqiang Country Garden Thumb

Country Garden Issues RMB 1.7B in Rental Housing-Backed Securities

Yang Guoqiang Country Garden Thumb

2018/04/30 by Michael Cole 2 Comments

Guangzhou-based developer Country Garden has successfully sold off RMB 1.7 billion ($270 million) in securities backed by cashflows from its rental housing initiative, according to a report in the official Shanghai Securities News on Friday.

The sale, which has been… Read More>>

Guangzhou-based developer Country Garden has successfully sold off RMB 1.7 billion ($270 million) in securities backed … Read more>>>

HNA Chen Feng

HNA Close to Sales of NYC, European Assets After Interest Payments Hit $5.1B in 2017

HNA Chen Feng

2018/04/30 by Shawna Kwan Leave a Comment

HNA Group has the highest interest expenses among Asian companies in the financial year of 2017, even topping Japanese conglomerate Softbank Group, according to a Bloomberg report. To address a debt crisis triggered by its recent two-year acquisition binge the… Read More>>

HNA Group has the highest interest expenses among Asian companies in the financial year of 2017, even topping Japanese … Read more>>>

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

Ascendas Hospitality Trust Ventures into Korea with $68M Seoul Hotel Deal

Tan Juay Hiang, CEO of Ascendas Hospitality Trust

2018/04/28 by Greg Isaacson Leave a Comment

Singapore-listed Ascendas Hospitality Trust has made its first foray into South Korea with a 73 billion won ($68.3 million) deal for a 215-room hotel in Seoul.

The trust, which already owns a portfolio of 11 hotels with over 4,000 rooms… Read More>>

Singapore-listed Ascendas Hospitality Trust has made its first foray into South Korea with a 73 billion won ($68.3 … Read more>>>

The Center Queen's Road

DBS Moves to Kwun Tong as SG Bank Cashes in on Hong Kong’s Red Hot Office Market

The Center Queen's Road

2018/04/26 by Shawna Kwan Leave a Comment

Singapore’s biggest bank is following the lead of US competitors Citibank and Goldman Sachs in moving its team out of Hong Kong’s Central district as office rents continue to rise in the core business area. For the Singaporean bank, the… Read More>>

Singapore’s biggest bank is following the lead of US competitors Citibank and Goldman Sachs in moving its team out of … Read more>>>

Chen Feng HNA

Faced with Financial Crisis, HNA Launches $1.5B Private Equity Fund

Chen Feng HNA

2018/04/25 by Shawna Kwan Leave a Comment

Needing to pay off $29 billion in financial liabilities by June 30th, embattled Chinese conglomerate HNA is seeking investors for a $1.5 billion investment vehicle so that the group can continue the acquisition streak that generated its current debt load,… Read More>>

Needing to pay off $29 billion in financial liabilities by June 30th, embattled Chinese conglomerate HNA is seeking … Read more>>>

Anthony-Couse

JLL Picks up Project and Construction Management Firm JCL in Manila

Anthony-Couse

2018/04/25 by Greg Isaacson Leave a Comment

Global real estate consultancy JLL is boosting its operations in the Philippines by scooping up a Manila-based project and construction management firm with over 40 staff.

JLL has acquired JCL International, which is led by senior partners John Morgan and… Read More>>

Global real estate consultancy JLL is boosting its operations in the Philippines by scooping up a Manila-based project … Read more>>>

Wang Yonghong Zhonghong

Chinese Developer Defaults on $364M in Debt One Year After $449M Blackstone Deal

Wang Yonghong Zhonghong

2018/04/24 by Shawna Kwan Leave a Comment

Less than one year after its offshore affiliate paid $449 million to buy a stake in Seaworld from Blackstone, and just nine months after that same unit failed in its $4 billion bid to buy out US senior living operator… Read More>>

Less than one year after its offshore affiliate paid $449 million to buy a stake in Seaworld from Blackstone, and just … Read more>>>

Lewis Tung

HK$660M Sale of Floor in Admiralty Office Tower Breaks Hong Kong Price Record – Again

Lewis Tung

2018/04/24 by Shawna Kwan Leave a Comment

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.

The 33rd floor of… Read More>>

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled … Read more>>>

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