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Jumeirah Himalayas Hotel in Shanghai

Zendai Completes Sale of Jiangsu Province Assets to State-Owned China Orient for $32M

Jumeirah Himalayas Hotel in Shanghai

2022/12/28 by Christopher Caillavet Leave a Comment

Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and development sites in Jiangsu province for RMB 225 million ($32.3 million).

The completion took place Tuesday, Zendai said in a filing… Read More>>

Shanghai Zendai Property has completed the sale of most of the developer’s stake in a collection of properties and … Read more>>>

hong kong housing

Hong Kong Home Prices Reach 63-Month Low and More Asia Real Estate Headlines

hong kong housing

2022/12/28 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Hong Kong home prices tumble to a fresh multi-year low, and Hysan Development plans an upgrade of its flagship Lee Garden portfolio in Causeway Bay.

Hong Kong Home Prices Fell… Read More>>

In today’s roundup of regional news headlines, Hong Kong home prices tumble to a fresh multi-year low, and Hysan … Read more>>>

Karan-Virwani WeWork India

WeWork India Raises $67M from BPEA Credit for Co-Working Growth

Karan-Virwani WeWork India

2022/12/27 by Greg Isaacson Leave a Comment

WeWork India has raised INR 5.5 billion (about $66.5 million) from funds managed by private credit platform BPEA Credit as the flexible office brand seeks to expand in Asia’s third-largest economy.

The funds will be used for future growth and… Read More>>

WeWork India has raised INR 5.5 billion (about $66.5 million) from funds managed by private credit platform BPEA Credit … Read more>>>

Delin Apartments Shanghai

Shanghai Heritage Apartments Go for $72M in Distressed Sale

Delin Apartments Shanghai

2022/12/27 by Mingtiandi Team Leave a Comment

A building in downtown Shanghai was sold via an online auction of distressed properties for RMB 504 million ($72.3 million) on Thursday, giving its new owner a 27 percent discount on the original valuation of RMB 701 million, as China’s… Read More>>

A building in downtown Shanghai was sold via an online auction of distressed properties for RMB 504 million ($72.3 … Read more>>>

Jesse Lu SEA Holdings

SEA Holdings to Sell Half-Stake in Repulse Bay Luxury Project to Hon Kwok Land

Jesse Lu SEA Holdings

2022/12/27 by Christopher Caillavet Leave a Comment

SEA Holdings is selling a half-stake in its luxury residential project in Hong Kong’s Repulse Bay area just 10 months after the local developer picked up the site for HK$1.19 billion ($152.3 million) at a government auction.

The HKEX-listed builder… Read More>>

SEA Holdings is selling a half-stake in its luxury residential project in Hong Kong’s Repulse Bay area just 10 months … Read more>>>

EC World REIT CEO Goh Toh Sim

Singapore-listed EC World REIT Seeks Further Extension on $114M in Debt

EC World REIT CEO Goh Toh Sim

2022/12/27 by Beatrice Laforga Leave a Comment

After failing to consummate planned divestments of a pair of Hangzhou properties, SGX-listed EC World REIT says it is now in talks with both local and foreign lenders for a further repayment extension on $114 million in debt due on… Read More>>

After failing to consummate planned divestments of a pair of Hangzhou properties, SGX-listed EC World REIT says it is … Read more>>>

Yuen Kuan Moon singtel

Singtel Teams With Telkom, Medco to Build 51MW Data Centre in Indonesia’s Batam

Yuen Kuan Moon singtel

2022/12/27 by Christopher Caillavet Leave a Comment

Singaporean telecom major Singtel has entered Indonesia’s data centre market, joining forces with longtime partner Telkom and energy firm Medco Power to develop a 51-megawatt hyperscale campus in Batam, across the Singapore Strait from the island city-state.

The three companies… Read More>>

Singaporean telecom major Singtel has entered Indonesia’s data centre market, joining forces with longtime partner … Read more>>>

China’s Wanda Delaying $600 million Bond Payment

Dalian Wanda Takes Over Beijing Mall and More Asia Real Estate Headlines

China’s Wanda Delaying $600 million Bond Payment

2022/12/27 by Christopher Caillavet Leave a Comment

Two Chinese developers lead today’s roundup of regional news headlines, as Dalian Wanda revamps one of Beijing’s biggest malls and a new investor takes over construction at a pair of China Evergrande’s projects in Kunming. The city of Dongguan, meanwhile,… Read More>>

Two Chinese developers lead today’s roundup of regional news headlines, as Dalian Wanda revamps one of Beijing’s biggest … Read more>>>

Shimao Group Chairman Xu Rongmao

Shimao Services Scraps Deal to Buy Mainland Affiliate After Uproar

Shimao Group Chairman Xu Rongmao

2022/12/26 by Christopher Caillavet Leave a Comment

A connected-party deal that raised eyebrows when it was announced by Shimao Services a year ago has been terminated, with the company telling the Hong Kong stock exchange last week that it would no longer acquire a mainland-based property management… Read More>>

A connected-party deal that raised eyebrows when it was announced by Shimao Services a year ago has been terminated, … Read more>>>

Liu Heqiang China New Town

Asia Real Estate People in the News 2022-12-26

Liu Heqiang China New Town

2022/12/26 by Michael Cole Leave a Comment

A set of top level moves at Hong Kong-listed mainland China developers leads Mingtiandi’s regional personnel roundup this week, with China New Town Development and China Resources Land naming new board members, and Fosun Tourism has also added a new… Read More>>

A set of top level moves at Hong Kong-listed mainland China developers leads Mingtiandi’s regional personnel roundup … Read more>>>

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