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HNA Chen Feng

HNA Pledges HK$3B Stake in Kai Tak Developer to PAG in Return for Loan

HNA Chen Feng

2018/02/21 by Shawna Kwan Leave a Comment

What was once the site of one of Asia’s most challenging airports is rapidly turning into a lifesaver for China’s debt-addled HNA Group after the mainland conglomerate announced a deal yesterday that could provide it with a loan of as… Read More>>

What was once the site of one of Asia’s most challenging airports is rapidly turning into a lifesaver for China’s … Read more>>>

Eric Adler PGIM

PGIM Real Estate’s Asia Deals Doubled to $2B in 2017

Eric Adler PGIM

2018/02/21 by Shawna Kwan Leave a Comment

PGIM Real Estate saw its volume of Asia Pacific transactions double in 2017, as the real estate investment affiliate of Prudential Financial focused on major markets in Japan, Singapore and Australia to generate over $2 billion in deals.

The company… Read More>>

PGIM Real Estate saw its volume of Asia Pacific transactions double in 2017, as the real estate investment affiliate of … Read more>>>

Lim Ming Yan CapitaLand

Singapore’s CapitaLand Aims for $76B in Assets Under Management by 2020

Lim Ming Yan CapitaLand

2018/02/14 by Shawna Kwan Leave a Comment

Singaporean developer CapitaLand plans to grow its total assets under management from the current S$88.8 billion ($67 billion) to around S$100 billion ($76 billion) by 2020, the company revealed in its latest financial results announcement.

The largest developer in Southeast… Read More>>

Singaporean developer CapitaLand plans to grow its total assets under management from the current S$88.8 billion ($67 … Read more>>>

HNA Chen Feng

HNA Grabs $3.2B Loan Lifeline From China CITIC Bank

HNA Chen Feng

2018/02/12 by Shawna Kwan Leave a Comment

HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble didn’t stop the state-owned lender from handing its struggling client a new RMB 20 billion ($3.2 billion) credit facility last… Read More>>

HNA Group is said to have missed loan payments to China CITIC Bank in December, but that reported financial stumble … Read more>>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Investors Said Buying Queen’s Road Office Space For HK$442M

Samuel WT Chu and Benjamin KY Lee

2018/02/10 by Shawna Kwan Leave a Comment

Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase commercial space in the lower floors of the V Heun Building in Central, according to an account in local newspaper Mingpao.

The latest reported… Read More>>

Hong Kong-based Phoenix Property Investors is reported to have invested HK$442 million ($56.5 million) to purchase … Read more>>>

Country Garden Led Mainland Developers in Jan with Biggest Sales Month Ever

2018/02/08 by Shawna Kwan Leave a Comment

Country Garden’s status as China’s biggest developer by sales remains intact, after announcing a record RMB 69.16 billion ($11 billion) in new contracts in January, beating out mainland rivals China Evergrande and China Vanke.

The sales volume represents a 42… Read More>>

Country Garden’s status as China’s biggest developer by sales remains intact, after announcing a record RMB 69.16 … Read more>>>

Ivan Ho Kailong

Kailong Promotes Ivan Ho to HK CEO, Launches USD Fund with $500M Target

Ivan Ho Kailong

2018/02/08 by Greg Isaacson Leave a Comment

Hong Kong-based real estate investment manager Kailong is raising a new, US dollar-denominated fund focussing on properties in Greater China, with a target size of $500 million.

Ivan Ho, who has just been promoted to the newly create role of… Read More>>

Hong Kong-based real estate investment manager Kailong is raising a new, US dollar-denominated fund focussing on … Read more>>>

Mo Bin Country Garden

Country Garden Gets Nod To Issue $1.6B in Rental Housing Securities

Mo Bin Country Garden

2018/02/07 by Greg Isaacson Leave a Comment

China has struck another blow in the battle for affordable housing, with the Shenzhen stock exchange giving the green light for developer Country Garden to launch RMB 10 billion ($1.6 billion) worth of asset-backed securities linked to rental apartments.

The… Read More>>

China has struck another blow in the battle for affordable housing, with the Shenzhen stock exchange giving the green … Read more>>>

Alibaba and State-Backed Partner Take $1.2B Stake in Wanda Theatre Business

2018/02/06 by Greg Isaacson Leave a Comment

Dalian Wanda Group is selling a nearly 13 percent stake in its 500 domestic movie theatres to Alibaba Group and a state-backed firm for RMB 7.8 billion ($1.24 billion), as Wang Jianlin offloads another piece of his property-to-entertainment conglomerate.

Under… Read More>>

Dalian Wanda Group is selling a nearly 13 percent stake in its 500 domestic movie theatres to Alibaba Group and a … Read more>>>

Zhu Jiusheng Vanke

China Vanke Opens 2018 with RMB 68B in Sales to Notch Biggest Month Ever

Zhu Jiusheng Vanke

2018/02/05 by Shawna Kwan Leave a Comment

From the GLP buyout to the acquisition of CapitaLand’s malls, China Vanke has been stealing the spotlight in the past few months. The Shenzhen-based developer has now grabbed headlines again by announcing RMB 67.98 billion ($10.8 billion) of sales for… Read More>>

From the GLP buyout to the acquisition of CapitaLand’s malls, China Vanke has been stealing the spotlight in the past … Read more>>>

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