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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>>>

Ascott chief executive officer Kevin Goh

CapitaLand’s Ascott Buying Oakwood Serviced Apartment Business From Mapletree

Ascott chief executive officer Kevin Goh

2022/07/04 by Beatrice Laforga Leave a Comment

Singapore’s The Ascott Ltd is buying serviced residence provider Oakwood Worldwide from Mapletree Investments for an undisclosed amount in a move that would boost its management portfolio by 11 percent with the addition of 81 accommodations globally, the firm announced… Read More>>

Singapore’s The Ascott Ltd is buying serviced residence provider Oakwood Worldwide from Mapletree Investments for an … Read more>>>

sogo seibu

Softbank’s Fortress Targets Department Stores and More Asia Real Estate Headlines

sogo seibu

2022/07/04 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, a Softbank-owned investment firm is reportedly seeking to buy Japanese department store Sogo & Seibu, an acquisition deal for Singapore’s Sime Darby Business Centre collapses, and the fate of a crypto investor’s luxury… Read More>>

In today’s roundup of regional news headlines, a Softbank-owned investment firm is reportedly seeking to buy Japanese … Read more>>>

Serena Teo Ascott

Asia Real Estate People in the News 2022-07-04

Serena Teo Ascott

2022/07/04 by Michael Cole Leave a Comment

2022 has now passed the mid-year mark and that milestone has spurred a wave of board moves this week including new leaders at Ascott Residence Trust, Redsun Properties and SF REIT. Also, seeing changes is India’s Shapoorji Pallonji Group, which… Read More>>

2022 has now passed the mid-year mark and that milestone has spurred a wave of board moves this week including new … Read more>>>

Du Shuanghua Bright Ruby

NTUC Selling 16 Collyer Quay in Singapore to China’s Bright Ruby for $717M

Du Shuanghua Bright Ruby

2022/07/01 by Beatrice Laforga Leave a Comment

Bright Ruby Resources, an investment firm backed by Chinese billionaire Du Shuanghua, has won the tender for 16 Collyer Quay, picking up the Raffles Place office tower from NTUC Income for approximately S$1 billion ($717.2 million), according to multiple sources… Read More>>

Bright Ruby Resources, an investment firm backed by Chinese billionaire Du Shuanghua, has won the tender for 16 Collyer … Read more>>>

carol Lofter Group

SC Capital, Lofter Apply to Buy Out $108M Hong Kong Project

carol Lofter Group

2022/07/01 by Pawara Laothamatas Leave a Comment

Hong Kong’s Lofter Group and Singapore-based SC Capital Partners are moving closer to building a HK$850 million ($108.3 million) residential and retail project in the city, having last month applied to acquire full ownership of a 4,000 square foot (371… Read More>>

Hong Kong’s Lofter Group and Singapore-based SC Capital Partners are moving closer to building a HK$850 million ($108.3 … Read more>>>

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