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Zhou Xin E-House

Alibaba-Backed E-House Faces Monday Default on $298M Bond

Zhou Xin E-House

2022/04/14 by Michael Cole Leave a Comment

China’s real estate troubles have hit one of the country’s largest property service providers, with a brokerage and data provider backed by Alibaba announcing on Thursday that it is unlikely to be able to pay a $298.2 million bond due… Read More>>

China’s real estate troubles have hit one of the country’s largest property service providers, with a brokerage and data … Read more>>>

Wu Yajun Longfor

Longfor Gets Approval for Property Mgmt IPO and More Asia Real Estate Headlines

Wu Yajun Longfor

2022/04/14 by Michael Cole Leave a Comment

Despite the recent carnage in mainland developer bonds, at least one Chinese developer has decided to brave Hong Kong’s equity market with the news of Longfor Group winning approval for a public listing by its property management spinoff leading our… Read More>>

Despite the recent carnage in mainland developer bonds, at least one Chinese developer has decided to brave Hong Kong’s … Read more>>>

Sanjay Dutt Tata

CPPIB, Tata Launch $670M India Office Park JV

Sanjay Dutt Tata

2022/04/13 by Beatrice Laforga Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) is betting on India’s office market for the third time in one year, with the North American giant this week announcing an INR 53 billion ($696 million) joint venture with the property development… Read More>>

The Canada Pension Plan Investment Board (CPPIB) is betting on India’s office market for the third time in one year, … Read more>>>

IDC Yeoksam Centre

Gangnam in Style as Seoul Office Vacancy Falls to 12-Year Low

IDC Yeoksam Centre

2022/04/13 by Christopher Caillavet Leave a Comment

The vacancy rate in Seoul’s Grade A office sector fell to 4 percent in the first three months of the year, the lowest level since 2010, with a lack of new supply signalling a landlord’s market for at least the… Read More>>

The vacancy rate in Seoul’s Grade A office sector fell to 4 percent in the first three months of the year, the lowest … Read more>>>

Li Ka-shing

China Dominates List of Global Real Estate Billionaires, Led by HK’s Li Ka-shing

Li Ka-shing

2022/04/13 by Christopher Caillavet Leave a Comment

Despite turmoil in the country’s property market last year, China managed to nab more than half the spots in market research consultancy Hurun’s list of the top 100 real estate billionaires in the world.

The most populous nation on earth… Read More>>

Despite turmoil in the country’s property market last year, China managed to nab more than half the spots in market … Read more>>>

Sun Hongbin Sunac

Sunac China Misses $30M Bond Payment and More Asia Real Estate Headlines

Sun Hongbin Sunac

2022/04/13 by Michael Cole Leave a Comment

China’s growing group of defaulting developers leads Mingtiandi’s headline roundup again today, with top-five builder Sunac having reportedly missed a coupon payment on an offshore bond.

The saga of Singapore co-living operator Hmlet also makes our roundup as it starts… Read More>>

China’s growing group of defaulting developers leads Mingtiandi’s headline roundup again today, with top-five builder … Read more>>>

JoshShengChen

Blackstone-Backed Chinese Data Centre Operator VNET Gets Unsolicited Buyout Offer

JoshShengChen

2022/04/12 by Christopher Caillavet Leave a Comment

China’s VNET Group has received an unsolicited offer from two mainland companies to acquire all of the outstanding ordinary shares of the Blackstone-backed data centre developer, whose beaten-down stock exemplifies the recent woes of US-listed Chinese tech firms.

Investment manager… Read More>>

China’s VNET Group has received an unsolicited offer from two mainland companies to acquire all of the outstanding … Read more>>>

ESR-REIT chief executive Adrian Chui

ESR-REIT Begins $28M Redevelopment of Northern Singapore Industrial Asset

ESR-REIT chief executive Adrian Chui

2022/04/12 by Christopher Caillavet Leave a Comment

ESR-REIT has launched a S$38.5 million ($28.2 million) redevelopment of an industrial property in northern Singapore, with the SGX-listed trust creating a new facility on the site to the specifications of its existing tenant, Dutch manufacturer NTS.

The two-phase project… Read More>>

ESR-REIT has launched a S$38.5 million ($28.2 million) redevelopment of an industrial property in northern Singapore, … Read more>>>

ascott lyf one north singapore

Ascott Targets 150 Lyf Co-Living Properties By 2030 and More Asia Real Estate Headlines

ascott lyf one north singapore

2022/04/12 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, CapitaLand Investment unit The Ascott eyes an expansion of its Lyf co-living brand, China junk bonds drop in price amid the country’s deteriorating COVID situation, and analysts predict an upswing in Singapore home… Read More>>

In today’s roundup of regional news headlines, CapitaLand Investment unit The Ascott eyes an expansion of its Lyf … Read more>>>

Harry de Ferry Foster

Savills IM Fund Backed by ARA’s Lim Family, Straits Trading Acquires 4 UK Assets

Harry de Ferry Foster

2022/04/11 by Christopher Caillavet Leave a Comment

A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate Straits Trading has acquired four UK assets for £75 million ($97.6 million), according to a statement last week.

The four retail parks,… Read More>>

A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate … Read more>>>

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