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wang jianlin

Wanda Mall Unit Downgraded by Fitch, Moody’s After Asking to Extend $600M Bond

wang jianlin

2023/11/23 by Poonyapat Luenam Leave a Comment

Two of the three major credit ratings agencies have downgraded units of China’s Dalian Wanda Group after it asked holders of a $600 million bond to wait an extra year for repayment.

Fitch Ratings on Wednesday downgraded the key businesses… Read More>>

Two of the three major credit ratings agencies have downgraded units of China's Dalian Wanda Group after it asked … Read more>>>

Country Garden makes into China's white list

Country Garden Said to Make China’s Govt Whitelist and More Asia Real Estate Headlines

Country Garden makes into China's white list

2023/11/23 by Ponrath Sopannarath Leave a Comment

China’s white list of property developers worthy of support leads Mingtiandi’s headline roundup today, with Country Garden and CIFI holdings said to make the cut. Also in the news, Japan’s Nomura is building a $ 1 billion to participate on… Read More>>

China’s white list of property developers worthy of support leads Mingtiandi’s headline roundup today, with Country … Read more>>>

Norito Ikeda president Japan Post Bank

Japan Post Bank Boosts Real Estate Holdings to $27B as Diversification Continues

Norito Ikeda president Japan Post Bank

2023/11/22 by Poonyapat Luenam Leave a Comment

Japan Post Bank is adding more real estate to its portfolio this year as the company continues to diversify its JPY 226.3 trillion ($1.5 trillion) in assets beyond its traditional reliance on government bonds.

According to a statement issued this… Read More>>

Japan Post Bank is adding more real estate to its portfolio this year as the company continues to diversify its JPY … Read more>>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

Receivers Take Over Hong Kong Mansions From Entities Linked to Evergrande Boss

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

2023/11/22 by Beatrice Laforga Leave a Comment

A creditor has taken over two mansions on Hong Kong’s Peak once valued at a reported HK$1.5 billion ($192 million) in the latest seizure of assets linked to fallen mainland billionaire Xu Jiayin and his China Evergrande Group.

Land Registry… Read More>>

A creditor has taken over two mansions on Hong Kong’s Peak once valued at a reported HK$1.5 billion ($192 million) in … Read more>>>

China’s Wanda Delaying $600 million Bond Payment

China’s Wanda Delaying $600M Bond Payment and More Asia Real Estate Headlines

China’s Wanda Delaying $600 million Bond Payment

2023/11/22 by Ponrath Sopannarath Leave a Comment

China’s Dalian Wanda is asking creditors to give it another year to repay a $600 million offshore bond, with that story leading today’s real estate headlines from around the region. Also in the news, Blackstone says it’s not selling its… Read More>>

China’s Dalian Wanda is asking creditors to give it another year to repay a $600 million offshore bond, with that story … Read more>>>

Michael Smith Hongkong Land

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

2023/11/21 by Michael Cole 1 Comment

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the owner of Exchange Square and Jardine House now plans new leadership in 2024, according to an announcement on Tuesday.

Hongkong… Read More>>

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read more>>>

Cheng Kar-Shun, NWD

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

2023/11/21 by Kevin He Leave a Comment

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s business and did not rule out selecting an external candidate, throwing into question the role of his eldest son,… Read More>>

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read more>>>

Josh Chen Sheng

State-Owned Mainland Investor Buying Control of Vnet Data Centres in $299M Deal

Josh Chen Sheng

2023/11/21 by Poonyapat Luenam Leave a Comment

A state-run mainland investor is buying $299 million of new shares in Chinese data centre operator Vnet in a deal that will hand control of the Blackstone and GIC-backed company to the Shandong provincial government company.

A pair of subsidiaries… Read More>>

A state-run mainland investor is buying $299 million of new shares in Chinese data centre operator Vnet in a deal that … Read more>>>

Xian Yang Wong of Cushman & Wakefield

Social Club in Singapore’s Bukit Timah to Make Way for More Housing

Xian Yang Wong of Cushman & Wakefield

2023/11/21 by Beatrice Laforga Leave a Comment

A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s most exclusive districts, once its lease expires in three years, as the government continues to expand housing supply.

… Read More>>

A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s … Read more>>>

China Housing

China Lists 50 Real Estate Firms Eligible for Funding and More Asia Real Estate Headlines

China Housing

2023/11/21 by Ponrath Sopannarath Leave a Comment

Chinese regulators are said to be drafting a list of 50 developers which will eligible for financing as part of a state-backed bailout, with that story leading Mingtiandi’s headline roundup today. Also in the news, McDonald’s agrees to buy Carlyle’s… Read More>>

Chinese regulators are said to be drafting a list of 50 developers which will eligible for financing as part of a … Read more>>>

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