Asia real estate and outbound investment news
GuocoLand’s full-year profit fell 47 percent on lighter investment gains and rising financial costs, but revenue surged 60 percent as the company began recording rental income from the Guoco Midtown office tower.
The Singapore development arm of Malaysia’s Hong Leong… Read More>>
GuocoLand’s full-year profit fell 47 percent on lighter investment gains and rising financial costs, but revenue surged … Read more>>>
Country Garden’s scramble to make good on debts continued Wednesday, with the Chinese homebuilder agreeing to sell HK$270 million ($34.4 million) in new shares to Kingboard Holdings in order to make a loan payment to the Hong Kong-based laminates maker… Read More>>
Country Garden’s scramble to make good on debts continued Wednesday, with the Chinese homebuilder agreeing to sell … Read more>>>
Kerry Properties posted a 37 percent year-on-year drop in first-half profit, as the builder controlled by the family of Shangri-La Hotel tycoon Robert Kuok saw results moderate after exceptional gains from selling two Hong Kong warehouses in the prior-year period.
Kerry Properties posted a 37 percent year-on-year drop in first-half profit, as the builder controlled by the family of … Read more>>>
China Evergrande’s Hong Kong-listed shares began trading Monday for the first time since March of last year, but the moment failed to translate to momentum as the defaulted developer’s stock dropped 79 percent in price to end the session at… Read More>>
China Evergrande’s Hong Kong-listed shares began trading Monday for the first time since March of last year, but the … Read more>>>
Asian private equity major PAG has agreed to acquire buyout giant KKR’s controlling interest in Australian Venue Co, an operator of pubs, restaurants and event spaces, for an undisclosed amount.
AVC owns and operates a portfolio of more than 210… Read More>>
Asian private equity major PAG has agreed to acquire buyout giant KKR’s controlling interest in Australian Venue Co, an … Read more>>>
Kaisa Group Holdings on Wednesday warned of a likely loss in the range of RMB 6 billion to RMB 7 billion ($820 million to $960 million) for the first half of the year, adding to the mainland builder’s sea of… Read More>>
Kaisa Group Holdings on Wednesday warned of a likely loss in the range of RMB 6 billion to RMB 7 billion ($820 million … Read more>>>
ESR Group grew its assets under management (AUM) 9 percent from a year ago to $147 billion by the end of June, the company said on Wednesday, despite rising interest rates and a slower market for asset sales.
“Despite a… Read More>>
ESR Group grew its assets under management (AUM) 9 percent from a year ago to $147 billion by the end of June, the … Read more>>>
CSI Properties has landed Hong Kong largest office lease so far this year with the company signing up Hong Kong’s Hospital Authority for its Harbourside HQ project in Kowloon Bay, with the administrator of Hong Kong’s government hospitals and health… Read More>>
CSI Properties has landed Hong Kong largest office lease so far this year with the company signing up Hong Kong’s … Read more>>>
China Evergrande has completed an internal review of its internal controls and procedures, along with issues raised by its former auditor over a $2 billion loan scheme, with the defaulted developer stating that the changes being made will satisfy listing… Read More>>
China Evergrande has completed an internal review of its internal controls and procedures, along with issues raised by … Read more>>>
Henderson Land Development posted a 25 percent year-on-year jump in six-month net profit to HK$5.96 billion ($760 million), but the blue-chip builder’s revenue from Hong Kong property development remained flat as the city’s real estate market slumped in the second… Read More>>
Henderson Land Development posted a 25 percent year-on-year jump in six-month net profit to HK$5.96 billion ($760 … Read more>>>
