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Wang Jianlin Wanda Getty Images

Wanda’s Wang Jianlin Selling Film Unit to Tencent-Backed China Ruyi

Wang Jianlin Wanda Getty Images

2023/12/07 by Kevin He Leave a Comment

Wang Jianlin, the billionaire chairman of troubled Chinese developer Dalian Wanda Group, is set to sell his controlling stake in the company’s film business, with the once would-be media mogul shedding his movie holdings amid a liquidity crunch.

In a… Read More>>

Wang Jianlin, the billionaire chairman of troubled Chinese developer Dalian Wanda Group, is set to sell his controlling … Read more>>>

Rutland Gate mansion owned by the head of China Evergrande

Evergrande Boss Struggles to Sell $602M Mansion and More Asia Real Estate Headlines

Rutland Gate mansion owned by the head of China Evergrande

2023/12/07 by Ponrath Sopannarath Leave a Comment

China Evergrande leads Asia’s real estate news again today with report that chairman Xu Jiayin is struggling to sell his furtively acquired mansion in London’s West End. Also in the news, Malaysia’s IOI acquires Kuala Lumpur’s W Hotel and Moody’s… Read More>>

China Evergrande leads Asia’s real estate news again today with report that chairman Xu Jiayin is struggling to sell his … Read more>>>

Tan Tze Wooi, CEO of CapitaLand China Trust Management

CapitaLand China Trust Selling Beijing Mall to Inner Mongolian Investor for $120M 

Tan Tze Wooi, CEO of CapitaLand China Trust Management

2023/12/07 by Beatrice Laforga Leave a Comment

CapitaLand China Trust (CLCT) is selling an underperforming Beijing shopping mall to an investor from Inner Mongolia for RMB 849.2 million ($120 million) in the latest example of domestic capital buying up discounted assets as China’s real estate market slows.

… Read More>>

CapitaLand China Trust (CLCT) is selling an underperforming Beijing shopping mall to an investor from Inner Mongolia for … Read more>>>

jude yang, mastern

Mastern APAC, STS Raising $150M for Korean Senior Housing Fund

jude yang, mastern

2023/12/06 by Kevin He Leave a Comment

Korean real estate fund manager Mastern Investment Management and local developer STS Development are seeking to raise at least $150 million from Asian investors for Korea’s first senior housing development fund, as Korea’s rapidly ageing population fuels demand for residential… Read More>>

Korean real estate fund manager Mastern Investment Management and local developer STS Development are seeking to raise … Read more>>>

URA chief executive officer Lim Eng Hwee

Singapore Cues Up Sites for 5,450 New Homes in Biggest Land Sale Plan Since 2013

URA chief executive officer Lim Eng Hwee

2023/12/06 by Beatrice Laforga Leave a Comment

Singapore has cued up the city-state’s biggest housing pipeline in more than a decade with the Urban Redevelopment Authority (URA) on Wednesday announcing plans to sell sites capable of yielding up to 5,450 new private homes during the first half… Read More>>

Singapore has cued up the city-state’s biggest housing pipeline in more than a decade with the Urban Redevelopment … Read more>>>

Hiroaki Hoshino Tokyu Group

Japanese Internet Provider Ups Stake in Tokyo Office Tower for $100M

Hiroaki Hoshino Tokyu Group

2023/12/06 by Poonyapat Luenam Leave a Comment

TSE-listed GMO Internet Group has agreed to buy an additional 35 percent stake in a Tokyo commercial tower from Tokyu Group for JPY 15 billion ($100 million), as the online infrastructure giant sees an opportunity to put its name on… Read More>>

TSE-listed GMO Internet Group has agreed to buy an additional 35 percent stake in a Tokyo commercial tower from Tokyu … Read more>>>

China’s credit outlook turn negative on rising debt risks

Moody’s Goes Negative on China Credit Outlook and More Asia Real Estate Headlines

China’s credit outlook turn negative on rising debt risks

2023/12/06 by Ponrath Sopannarath Leave a Comment

China’s decaying finances lead today’s review of real estate headlines from around Asia Pacific, with news that Moody’s is revising its outlook for the country’s credit. Singapore’s GIC also makes the list with a deal said to be in the… Read More>>

China’s decaying finances lead today’s review of real estate headlines from around Asia Pacific, with news that Moody’s … Read more>>>

Daisuke Kitta Blackstone

Blackstone Buys Kyoto Hotel From Goldman Sachs for Reported $54M

Daisuke Kitta Blackstone

2023/12/05 by Kevin He Leave a Comment

US private equity giant Blackstone has acquired a Kyoto hotel from Goldman Sachs, as global investors snap up Japanese hospitality assets to take advantage of a post-pandemic tourism rebound in Asia’s second-largest economy.

Blackstone purchased the 158-key Moxy Kyoto Nijo… Read More>>

US private equity giant Blackstone has acquired a Kyoto hotel from Goldman Sachs, as global investors snap up Japanese … Read more>>>

Centurion chief executive Kong Chee Min

Centurion Selling Malaysia Worker Dorms to Local Pension Fund for $47M

Centurion chief executive Kong Chee Min

2023/12/05 by Beatrice Laforga Leave a Comment

Singapore rental housing specialist Centurion Corp is selling two worker dormitories in Malaysia to the country’s largest public sector pension fund, Kumpulan Wang Persaraan (KWAP), for MYR 227 million ($47 million).

Centurion entered into a sale-and-leaseback deal with KWAP on… Read More>>

Singapore rental housing specialist Centurion Corp is selling two worker dormitories in Malaysia to the country’s … Read more>>>

adrain cheng nwd

New World Buying Back $610M in Bonds as Stock Slides and More Asia Real Estate Headlines

adrain cheng nwd

2023/12/05 by Ponrath Sopannarath Leave a Comment

Hong Kong’s New World Development leads Mingtiandi’s review of the real estate news today with the developer buying back bonds amid a stock slide. Also in the headlines, Singapore launches a pair of residential site tenders and Hong Kong’s central… Read More>>

Hong Kong’s New World Development leads Mingtiandi’s review of the real estate news today with the developer buying back … Read more>>>

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