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R&F Avoids Default on $750M Note With Scaled-Back Repurchase Plan

2022/01/12 by Christopher Caillavet Leave a Comment

Guangzhou R&F Properties has escaped default on a $750 million offshore note coming due this week, even as liquidity issues forced the mainland developer to downsize a planned buyback of some of the debt.

R&F Properties had intended to earmark… Read More>>

Guangzhou R&F Properties has escaped default on a $750 million offshore note coming due this week, even as liquidity … Read more>>>

Richard van Den Berg

M&G Picks Australia, Japan and Singapore as Top 2022 Targets

Richard van Den Berg

2022/01/12 by Beatrice Laforga Leave a Comment

Australia, Japan and Singapore stand out as the top real estate investment locations in Asia Pacific this year considering the bright recovery prospects in these markets, said UK-based asset manager M&G Real Estate, which is focusing on the the logistics,… Read More>>

Australia, Japan and Singapore stand out as the top real estate investment locations in Asia Pacific this year … Read more>>>

Xu rongmao

Shimao Says Will Avoid Default on RMB 1.9B Bond and More Asia Real Estate Headlines

Xu rongmao

2022/01/12 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Shimao Group reportedly plans to repay an onshore bond coming due this weekend, Hong Kong’s Far East Consortium adds to its residential land holdings in the north of England, and China’s local government… Read More>>

In today’s roundup of regional news headlines, Shimao Group reportedly plans to repay an onshore bond coming due this … Read more>>>

Lim Kiam Fong Hines

Hines-DWS JV Buys Singapore Industrial Asset From Blackstone, Soilbuild for $69M

Lim Kiam Fong Hines

2022/01/11 by Beatrice Laforga Leave a Comment

US developer and investment firm Hines has made its first acquisition in the Singapore market, teaming up with German fund manager DWS Group to buy a ramp-up workshop in the Bukit Batok area from a Blackstone-controlled trust for S$93.8 million… Read More>>

US developer and investment firm Hines has made its first acquisition in the Singapore market, teaming up with German … Read more>>>

Vivien Chen Nan Fung

Nan Fung Buys Up Jardine’s Lookout Luxury Site in Hong Kong

Vivien Chen Nan Fung

2022/01/11 by Pawara Laothamatas Leave a Comment

Nan Fung Development continues to bet on Hong Kong Island’s luxury residential market, reaching just under 70 percent ownership last month of a set of lane houses in Jardine’s Lookout through a series of purchases which totalled over HK$1 billion… Read More>>

Nan Fung Development continues to bet on Hong Kong Island’s luxury residential market, reaching just under 70 percent … Read more>>>

20220110_Portrait_Savills_Christian Mancini

Savills Acquires Singapore’s Merx Group to Bolster APAC Project Management

20220110_Portrait_Savills_Christian Mancini

2022/01/11 by Christopher Caillavet Leave a Comment

Savills has acquired Singapore-based Merx Group for an undisclosed amount in a bid to strengthen the property services firm’s project management capabilities across Asia Pacific.

The pick-up adds Merx’s crew of 50 project management professionals to Savills’ regional offering, with… Read More>>

Savills has acquired Singapore-based Merx Group for an undisclosed amount in a bid to strengthen the property services … Read more>>>

Mindspace-Madhapu

Blackstone Sells Stake in India REIT to ADIA and More Asia Real Estate Headlines

Mindspace-Madhapu

2022/01/11 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, private equity titan Blackstone sells out of its stake in an Indian office REIT, troubled China Evergrande settles into a new headquarters in a familiar city, and a Korean construction group ploughs cash… Read More>>

In today’s roundup of regional news headlines, private equity titan Blackstone sells out of its stake in an Indian … Read more>>>

Hines's managing director, Drew Huffman

Hines Developing Second Cold Chain Warehouse in South Korea

Hines's managing director, Drew Huffman

2022/01/10 by Christopher Caillavet Leave a Comment

Hines continues to bet on refrigerated storage as it expands its industrial holdings in Asia Pacific, with the US developer this week announcing a new logistics centre in South Korea as its third cold chain project in the region.

The… Read More>>

Hines continues to bet on refrigerated storage as it expands its industrial holdings in Asia Pacific, with the US … Read more>>>

Zhang Peng Modern Land

Modern Land Seeks Restructuring of $1.3B Debt as Shares Drop 40%

Zhang Peng Modern Land

2022/01/10 by Christopher Caillavet Leave a Comment

Modern Land on Monday announced the appointment of financial advisors to assess the Beijing-based builder’s liquidity crunch and devise a remediation plan, joining a caravan of cash-strapped Chinese developers seeking a restructuring of delinquent debts.

In an update to the… Read More>>

Modern Land on Monday announced the appointment of financial advisors to assess the Beijing-based builder’s liquidity … Read more>>>

Jason Hui, chairman of Shimao Services Holdings and the son of Xu Rong Mao (middle)

Shimao Shares Spike 20% on Asset Sale Report and More Asia Real Estate Headlines

Jason Hui, chairman of Shimao Services Holdings and the son of Xu Rong Mao (middle)

2022/01/10 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Shimao’s shares jump on reports that the troubled developer is selling all of its projects, the chairman of one of China’s biggest insurers is under investigation for corruption, and Joseph Lau’s Chinese Estates… Read More>>

In today’s roundup of regional news headlines, Shimao’s shares jump on reports that the troubled developer is selling … Read more>>>

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