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Yang Huiyan Country Garden

Country Garden Offers to Swap Loan for Malaysia Project and More Asia Real Estate Headlines

Yang Huiyan Country Garden

2025/01/14 by Michael Cole Leave a Comment

Forest City, Country Garden’s Malaysian mega-project, becomes a bargaining chip as the Chinese builder hammers out a debt restructuring deal, with that story leading today’s headline roundup. Also making the list, South Korea’s Koramco markets a Seoul office tower and… Read More>>

Forest City, Country Garden’s Malaysian mega-project, becomes a bargaining chip as the Chinese builder hammers out a … Read more>>>

NTT president and CEO Akira Shimada

NTT Said to Secure Banks for $1B Singapore Data Centre REIT

NTT president and CEO Akira Shimada

2025/01/13 by Bianca Cuaresma Leave a Comment

Asia’s data centre boom could bring the Singapore Exchange (SGX) its biggest initial public offering (IPO) since 2021, as one of the world’s largest data centre providers is reportedly moving forward with plans for a real estate investment trust (REIT)… Read More>>

Asia’s data centre boom could bring the Singapore Exchange (SGX) its biggest initial public offering (IPO) since 2021, … Read more>>>

MTD Pro Featured Image

Mingtiandi Goes Pro, Expands Coverage in 2025

MTD Pro Featured Image

2025/01/13 by Michael Cole Leave a Comment

As Mingtiandi begins its fourteenth year of daily publication in 2025, we are pleased to announce that we are stepping up our reporting to provide our readers with more breaking news and market intelligence from property markets across Asia Pacific.

… Read More>>

As Mingtiandi begins its fourteenth year of daily publication in 2025, we are pleased to announce that we are stepping … Read more>>>

Open House Group president and CEO Masaaki Arai

Japan’s Open House to Take Over Builder Pressance With $390M Stake Buy

Open House Group president and CEO Masaaki Arai

2025/01/13 by Christopher Caillavet Leave a Comment

Tokyo-listed residential developer Open House Group has made a tender offer to acquire the 36.58 percent of shares it does not already own in Osaka-based builder Pressance Corp for JPY 60.7 billion ($390 million).

A cash consideration is to be… Read More>>

Tokyo-listed residential developer Open House Group has made a tender offer to acquire the 36.58 percent of shares it … Read more>>>

Hui Wing Mau Shimao

Shimao Cuts Asking Price for Sheraton Hotel Complex Near Hong Kong Airport by 30%

Hui Wing Mau Shimao

2025/01/13 by Christopher Caillavet Leave a Comment

Shimao Group is making a fresh attempt to sell a Sheraton hotel complex near Hong Kong International Airport, with market sources confirming to Mingtiandi that the defaulted developer is seeking HK$4.5 billion ($580 million) for the dual-branded property.

In 2023… Read More>>

Shimao Group is making a fresh attempt to sell a Sheraton hotel complex near Hong Kong International Airport, with … Read more>>>

PropertyGuru CEO Lewis Ng

PropertyGuru Replaces CEO, Chairman After EQT Acquisition

PropertyGuru CEO Lewis Ng

2025/01/13 by Bianca Cuaresma Leave a Comment

Online real estate platform PropertyGuru announced on Monday that it is bringing in new leadership, exactly one month after Sweden’s EQT Group completed its acquisition of the property listings portal.

Singapore-based PropertyGuru announced the appointment of Lewis Ng, who had… Read More>>

Online real estate platform PropertyGuru announced on Monday that it is bringing in new leadership, exactly one month … Read more>>>

Japan Hotel REIT executive director Kaname Masuda

Japan Hotel REIT Upgrades Financial Forecast and More Asia Real Estate Headlines

Japan Hotel REIT executive director Kaname Masuda

2025/01/13 by Michael Cole Leave a Comment

SC Capital’s Japan Hotel REIT boosts its operating forecast for the year just past, with that improved guidance leading today’s headline roundup. Also in the news, Tokyo Tatemono invests in a Sydney residential project and non-bank lenders reel from an… Read More>>

SC Capital’s Japan Hotel REIT boosts its operating forecast for the year just past, with that improved guidance leading … Read more>>>

Claire Cormier Thielke

Asia Real Estate People in the News 2025-01-13

Claire Cormier Thielke

2025/01/13 by Michael Cole Leave a Comment

This week’s review of people in transition across Asia brings us an update from Hong Kong where a US industrial giant makes global-level appointment and a Hines veteran has left Sydney to return to Los Angeles. Also in making the… Read More>>

This week’s review of people in transition across Asia brings us an update from Hong Kong where a US industrial giant … Read more>>>

Sun Hongbin of Sunac 1 (Getty Images)

Sunac Says Unable to Meet Debt Deadline in Wake of Fresh Wind-Up Petition by China Cinda

Sun Hongbin of Sunac 1 (Getty Images)

2025/01/11 by Christopher Caillavet, Michael Cole Leave a Comment

Sunac China Holdings on Thursday received a winding-up petition in Hong Kong’s High Court filed by state-owned “bad bank” China Cinda Asset Management, with the HKEX-listed developer indicating in a statement to the stock exchange late Friday that it will… Read More>>

Sunac China Holdings on Thursday received a winding-up petition in Hong Kong's High Court filed by state-owned “bad … Read more>>>

Yang Huiyan Country Garden

Country Garden Touts Plan to Cut $11.6B in Offshore Debt as Home Sales Evaporate

Yang Huiyan Country Garden

2025/01/11 by Christopher Caillavet Leave a Comment

China’s Country Garden Holdings on Thursday unveiled a restructuring plan aimed at cutting its offshore debt by up to $11.6 billion, but the troubled developer and its rivals have given little cause for confidence as their home sales continued to… Read More>>

China’s Country Garden Holdings on Thursday unveiled a restructuring plan aimed at cutting its offshore debt by up to … Read more>>>

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