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Yang Jian, founder of Zhongliang Holdings

China’s Zhongliang Seeks Extension on $729M in Bonds and More Asia Real Estate Headlines

Yang Jian, founder of Zhongliang Holdings

2022/05/15 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, Zhongliang Holdings has become the latest Chinese developer to seek extension for debt repayment as the property downturn persists in China and investors have deserted the Hong Kong office sector during the first… Read More>>

In today’s roundup of regional news headlines, Zhongliang Holdings has become the latest Chinese developer to seek … Read more>>>

Paul Gately Baring

BPEA Buying Hilton Sydney From Bright Ruby for Record $365M

Paul Gately Baring

2022/05/12 by Michael Cole Leave a Comment

Baring Private Equity is making Australia’s biggest hotel purchase ever, with the Hong Kong-based firm agreeing to acquire the five-star Hilton Sydney from Bright Ruby Resources for A$530 million ($364.7 million), insiders confirmed on Thursday.

In addition to being the… Read More>>

Baring Private Equity is making Australia’s biggest hotel purchase ever, with the Hong Kong-based firm agreeing to … Read more>>>

sun hongbin

Sunac Misses Bond Deadline, Set to Default on $2.2B in Notes During May

sun hongbin

2022/05/12 by McDowell Ramintas Leave a Comment

Sunac China failed to pay $29.5 million in interest on $750 million in senior notes within a grace period that ended Wednesday, sending the mainland’s third-largest developer by contracted sales into default.

In a statement to the Singapore stock exchange,… Read More>>

Sunac China failed to pay $29.5 million in interest on $750 million in senior notes within a grace period that ended … Read more>>>

Abhishek Lodha

Bain, Ivanhoe Cambridge Launch $1B India Industrial Platform With Developer Lodha

Abhishek Lodha

2022/05/12 by Christopher Caillavet Leave a Comment

North American investors Bain Capital and Ivanhoe Cambridge have set up a $1 billion industrial partnership with development giant Lodha, aiming to create 30 million square feet (2.8 million square metres) of operating assets to serve India’s digital economy.

The… Read More>>

North American investors Bain Capital and Ivanhoe Cambridge have set up a $1 billion industrial partnership with … Read more>>>

Thomson View

Singapore Condo Project on Market for $681M and More Asia Real Estate Headlines

Thomson View

2022/05/12 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, a Singapore condominium relaunches its collective sale and new properties hit the Lion City market on Cecil Street and in Geylang. Also in the news, US flexible workspace provider Industrious expands in Asia… Read More>>

In today’s roundup of regional news headlines, a Singapore condominium relaunches its collective sale and new properties … Read more>>>

WEAVE LIVING CEO Sachin Doshi tb

Weave Paying $115M to Buy Third Hong Kong Hotel in 9 Months

WEAVE LIVING CEO Sachin Doshi tb

2022/05/11 by Beatrice Laforga Leave a Comment

Weave Living, through a joint venture with global investor Angelo Gordon, has agreed to purchase a hotel in Hong Kong Island’s Western district for HK$900 million ($115 million) from a property firm controlled by William Cheng, the son-in-law of Henderson… Read More>>

Weave Living, through a joint venture with global investor Angelo Gordon, has agreed to purchase a hotel in Hong Kong … Read more>>>

han xiaosheng Oceanwide

China Oceanwide’s Stake in Wuhan Project Frozen After $410M NYC Property Seized

han xiaosheng Oceanwide

2022/05/11 by Alden Monzon Leave a Comment

China Oceanwide Holdings’ string of financial calamities continued on Wednesday, with an arbitration court freezing the company’s stake in a Wuhan project just days after its $410 million skyscraper development in Manhattan was seized by creditors.

The China International Economic… Read More>>

China Oceanwide Holdings’ string of financial calamities continued on Wednesday, with an arbitration court freezing the … Read more>>>

Hannah Jeong Colliers

CK Asset Sells Mid-Levels Luxury Homes for $50M as High-End Market Hangs On

Hannah Jeong Colliers

2022/05/11 by Pawara Laothamatas Leave a Comment

Two units on a high-level floor at CK Asset’s Mid-Levels luxury project sold last week for a combined HK$393.9 million ($50.1 million), showing the resilience of Hong Kong’s high-end housing market amid the COVID-led economic slowdown.

Hong Kong’s second-largest developer… Read More>>

Two units on a high-level floor at CK Asset's Mid-Levels luxury project sold last week for a combined HK$393.9 million … Read more>>>

ONE-CIRCULAR-QUAY-NSW

Sydney’s One Circular Quay Nears $700M Sale and More Asia Real Estate Headlines

ONE-CIRCULAR-QUAY-NSW

2022/05/11 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, an uncompleted former Dalian Wanda dream project in Sydney is on the cusp of being sold by its third Chinese owner, according to Aussie media reports. Also in the news, housing broker Beike… Read More>>

In today’s roundup of regional news headlines, an uncompleted former Dalian Wanda dream project in Sydney is on the cusp … Read more>>>

William Tay, CEO of Ascendas REIT

Ascendas REIT Buying 7 Chicago-Area Warehouses From Blackstone for $99M

William Tay, CEO of Ascendas REIT

2022/05/10 by Christopher Caillavet Leave a Comment

Ascendas REIT has made its second foray into the US industrial market, with the Singapore-listed trust agreeing to acquire a portfolio of seven Chicago-area logistics properties for S$133.2 million ($99 million).

The seven assets span 132,344 square metres (over 1.4… Read More>>

Ascendas REIT has made its second foray into the US industrial market, with the Singapore-listed trust agreeing to … Read more>>>

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