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PAG Commits $1B to Renewables, Completes Phase One of Japan Solar Acquisition

2022/07/06 by Beatrice Laforga Leave a Comment

PAG today announced the completion of the first stage of the acquisition of a Japan solar energy business which the fund manager sees as the seed of a $1 billion pan-Asian investment in renewable energy.

As part of a deal… Read More>>

PAG today announced the completion of the first stage of the acquisition of a Japan solar energy business which the fund … Read more>>>

Powerlong Seeking Delay in Onshore Bond Payment and More Asia Real Estate Headlines

2022/07/06 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Powerlong looks to stagger payments over one year for an onshore bond maturing next week, Shanghai’s rental residential market takes its lumps in the aftermath of a harsh COVID lockdown, and… Read More>>

In today’s roundup of regional news headlines, Chinese developer Powerlong looks to stagger payments over one year for … Read more>>>

Louise Kavanagh - Nuveen

Bouwinvest, TIAA Boost Nuveen Japan Housing Fund to $100M First Closing

Louise Kavanagh - Nuveen

2022/07/05 by Christopher Caillavet Leave a Comment

Nuveen Real Estate has achieved a $100 million first closing of its Japan Alternatives Living strategy, which will focus on stabilised senior housing assets and also consider investments in the student accommodation, single family and co-living sectors.

Having recruited Dutch… Read More>>

Nuveen Real Estate has achieved a $100 million first closing of its Japan Alternatives Living strategy, which will focus … Read more>>>

Hong Kong 2 IFC BOC CK Centre

New Hong Kong Office Leases Fall 6.7% in H1 as Vacant Space Hits Record High

Hong Kong 2 IFC BOC CK Centre

2022/07/05 by Christopher Caillavet Leave a Comment

New leasing volume in Hong Kong’s Grade A office market fell 6.7 percent year-on-year in the first half of 2022 and vacant space hit an all-time peak of 9.8 million square feet (910,450 square metres), as the fifth wave of… Read More>>

New leasing volume in Hong Kong’s Grade A office market fell 6.7 percent year-on-year in the first half of 2022 and … Read more>>>

Piccadilly-Grand

Singapore Home Prices Rise 3.2% in Ninth Straight Quarter of Growth

Piccadilly-Grand

2022/07/05 by Beatrice Laforga Leave a Comment

Singapore home prices rose at a faster pace in the three months ending 30 June to record their ninth consecutive quarter of growth as tight supply met rising demand fueled by border reopening and builders passed along rising construction costs.

… Read More>>

Singapore home prices rose at a faster pace in the three months ending 30 June to record their ninth consecutive quarter … Read more>>>

evergrande xu jiayin tb

State-Owned Developers Dominate China Home Sales Rankings in 2022

evergrande xu jiayin tb

2022/07/05 by Mingtiandi Team Leave a Comment

With private development giants like China Evergrande having been brought low by debt troubles, state-owned enterprises continued to expand their dominance of China’s real estate industry in the first half of 2022, with government-backed developers holding 13 of the top… Read More>>

With private development giants like China Evergrande having been brought low by debt troubles, state-owned enterprises … Read more>>>

Li Sze-lim

R&F Gets Nod to Extend Annual Report Delay and More Asia Real Estate Headlines

Li Sze-lim

2022/07/05 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, the Hong Kong stock exchange lets developer Guangzhou R&F delay the release of its 2021 results until August, China’s international infrastructure bank mulls opening its first overseas office, and debt-stricken Evergrande rallies creditors… Read More>>

In today’s roundup of regional news headlines, the Hong Kong stock exchange lets developer Guangzhou R&F delay the … Read more>>>

ESR Jeffrey Shen

ESR Selling 9 China Logistics Assets to GIC JV for $730M

ESR Jeffrey Shen

2022/07/04 by Christopher Caillavet Leave a Comment

Warehouse giant ESR has agreed to sell a portfolio of nine industrial assets in China to a joint venture of the Hong Kong-listed group and Singapore sovereign fund GIC for $730 million.

The portfolio is 98 percent occupied and consists… Read More>>

Warehouse giant ESR has agreed to sell a portfolio of nine industrial assets in China to a joint venture of the Hong … Read more>>>

Shimao Group Chairman Xu Rongmao

Shimao Defaults on $1B Offshore Bond, Hires Restructuring Advisors

Shimao Group Chairman Xu Rongmao

2022/07/04 by Christopher Caillavet Leave a Comment

Mainland developer Shimao Group failed to pay off a $1 billion offshore bond that came due on Sunday, etching its name in the list of Chinese real estate firms defaulting on dollar-denominated debt.

Shimao owed more than $1.02 billion in… Read More>>

Mainland developer Shimao Group failed to pay off a $1 billion offshore bond that came due on Sunday, etching its name … Read more>>>

Stan Tang

Tang Family Reportedly Sells Kowloon Residential Building to K&K at $20M Loss

Stan Tang

2022/07/04 by Pawara Laothamatas Leave a Comment

In their 18th asset sale over the last six months, the family of Hong Kong’s late “Shop King” Tang Shing Bor has sold a senior home in Kowloon City at a loss of HK$160 million ($20.3 million), according to local… Read More>>

In their 18th asset sale over the last six months, the family of Hong Kong’s late “Shop King” Tang Shing Bor has sold a … Read more>>>

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