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Ong Eng Yaw

UOBKH Says Sweetened Bid for Ong Family’s Hwa Hong Could Be Topped

Ong Eng Yaw

2022/06/22 by Christopher Caillavet Leave a Comment

UOB Kay Hian says the latest takeover bid for Hwa Hong Corporation is fair and reasonable, and while noting that recent moves by the SGX-listed firm’s board might help to boost value or bring a higher offer, recommended that shareholders… Read More>>

UOB Kay Hian says the latest takeover bid for Hwa Hong Corporation is fair and reasonable, and while noting that recent … Read more>>>

Chinese Developer Swaps Homes for Crops and More Asia Real Estate Headlines

2022/06/22 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, a Chinese developer resorts to taking crops as payment for homes, heavily indebted Evergrande gets a delisting alert from the Hong Kong bourse, and Singapore’s DBS extends a sizeable green loan to sovereign… Read More>>

In today’s roundup of regional news headlines, a Chinese developer resorts to taking crops as payment for homes, heavily … Read more>>>

wilson leung Angelo Gordon

Angelo Gordon Plans Redevelopment of Hong Kong Industrial Building as Data Centre

wilson leung Angelo Gordon

2022/06/21 by Pawara Laothamatas Leave a Comment

New York-based private equity group Angelo Gordon could be on its way to building a 20-megawatt data centre in Hong Kong’s New Territories, having last month submitted a second redevelopment application in three months to the city’s Town Planning Board,… Read More>>

New York-based private equity group Angelo Gordon could be on its way to building a 20-megawatt data centre in Hong … Read more>>>

Anthea Lee Keppel

Keppel DC REIT Buying Pair of Guangdong Data Centres for $210M

Anthea Lee Keppel

2022/06/21 by Beatrice Laforga Leave a Comment

Keppel DC REIT is buying a pair of data centres in Guangdong province for RMB 1.38 billion ($210 million) from Hong Kong-listed data centre operator Neo Telemedia, expanding its footprint in one of China’s major technology hubs.

The manager of… Read More>>

Keppel DC REIT is buying a pair of data centres in Guangdong province for RMB 1.38 billion ($210 million) from Hong … Read more>>>

China homebuyer

Fitch Sees China Home Sales Falling Up to 30% This Year as Confidence Erodes

China homebuyer

2022/06/21 by Christopher Caillavet Leave a Comment

Fitch Ratings has revised down its 2022 forecast for China home sales to a decline of 25-30 percent as COVID-19 lockdowns, developer defaults and crumbling consumer confidence continue to suppress buyer demand.

Sales in the world’s biggest housing market were… Read More>>

Fitch Ratings has revised down its 2022 forecast for China home sales to a decline of 25-30 percent as COVID-19 … Read more>>>

evergrande xu jiayin tb

Evergrande Restructuring Timetable Stays on Track and More Asia Real Estate Headlines

evergrande xu jiayin tb

2022/06/21 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China Evergrande says it will unveil its restructuring scheme by the end of July as planned, as the debt-saddled developer receives new terms from the Hong Kong bourse to avoid a delisting. Meanwhile,… Read More>>

In today’s roundup of regional news headlines, China Evergrande says it will unveil its restructuring scheme by the end … Read more>>>

Justin Gabbani Lendlease

Lendlease, PGGM Form $780M APAC Innovation, Life Science Real Estate JV

Justin Gabbani Lendlease

2022/06/20 by Beatrice Laforga Leave a Comment

Australian developer Lendlease has teamed up with Dutch pension fund and asset manager PGGM in a S$1 billion ($720 million) strategy that will invest in innovation and life science properties across Australia, Japan and Singapore, according to a joint announcement… Read More>>

Australian developer Lendlease has teamed up with Dutch pension fund and asset manager PGGM in a S$1 billion ($720 … Read more>>>

Hannah Jeong HEAD OF VALUATION AND ADVISORY SERVICES APAC

Site in Hong Kong’s Wan Chai Draws 21 Bids for $382M Residential Project

Hannah Jeong HEAD OF VALUATION AND ADVISORY SERVICES APAC

2022/06/20 by Pawara Laothamatas Leave a Comment

The first government tender of a residential project in Hong Kong’s Wan Chai area in eight years closed on Friday with a flock of developers entering bids for the chance to develop housing worth nearly HK$3 billion ($382 million) on… Read More>>

The first government tender of a residential project in Hong Kong’s Wan Chai area in eight years closed on Friday with a … Read more>>>

Yan hao Jingrui

Jingrui Defaults on Four Offshore Bonds, Citing Lockdown-Induced Liquidity Crunch 

Yan hao Jingrui

2022/06/20 by Christopher Caillavet Leave a Comment

Jingrui Holdings has failed to make on-time interest payments on four sets of offshore bonds, with the developer blaming the defaults on the impact of China’s COVID-19 lockdown measures in the group’s home base of Shanghai and other key cities.

… Read More>>

Jingrui Holdings has failed to make on-time interest payments on four sets of offshore bonds, with the developer blaming … Read more>>>

kotak 1

ADIA Launches $590M India Office Fund With Kotak and More Asia Real Estate Headlines

kotak 1

2022/06/20 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, the Abu Dhabi Investment Authority creates an office platform with India’s Kotak Investment Advisors, Beijing instructs Hong Kong’s new leader to tackle the city’s housing issues, and a developer expresses interest in Singapore’s… Read More>>

In today’s roundup of regional news headlines, the Abu Dhabi Investment Authority creates an office platform with … Read more>>>

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