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Neil-Bush

Neil Bush Exits Stake in Singapore Developer as Mainland Tycoon Buys Out SingHaiyi

Neil-Bush

2021/12/29 by Beatrice Laforga Leave a Comment

Neil Bush is selling his minority stake in a Singapore property developer controlled by a long-time business partner and Bush family booster, according to a filing with the Singapore Exchange, with the younger brother of former US President George W… Read More>>

Neil Bush is selling his minority stake in a Singapore property developer controlled by a long-time business partner and … Read more>>>

china construction

China Land Premiums Fall Despite Relaxed Rules and More Asia Real Estate Headlines

china construction

2021/12/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China’s land market continues its slump despite government moves to boost credit and ease restrictions to entice developers, a South Korean investment firm acquires an office building in Brussels, and debt-saddled China Evergrande… Read More>>

In today’s roundup of regional news headlines, China’s land market continues its slump despite government moves to boost … Read more>>>

South Bay Road

Tender in Hong Kong’s Repulse Bay Could Yield City’s Priciest Housing Site Ever

South Bay Road

2021/12/28 by Christopher Caillavet Leave a Comment

A residential development site in Hong Kong’s exclusive Repulse Bay area will go up for sale in a public tender opening on 31 December, the government announced late last week.

The land parcel on South Bay Road, known as Rural… Read More>>

A residential development site in Hong Kong’s exclusive Repulse Bay area will go up for sale in a public tender opening … Read more>>>

li ming sino ocean

Sino-Ocean Heads for $90M Compulsory Sale of Kowloon Building

li ming sino ocean

2021/12/28 by Christopher Caillavet Leave a Comment

Mainland developer Sino-Ocean Group is on its way to securing a site in the Kowloon City area for development into as much as 63,270 square feet (5,878 square metres) of new space, as Hong Kong’s booming residential market continues to… Read More>>

Mainland developer Sino-Ocean Group is on its way to securing a site in the Kowloon City area for development into as … Read more>>>

hui ka yan4

Evergrande Shares Rise Despite Tuesday Bond Deadline and More Asia Real Estate Headlines

hui ka yan4

2021/12/28 by Michael Cole Leave a Comment

China Evergrande seems to be receiving new levels of government support, but whether that support is being extended to the company’s offshore bondholders is the region’s top story as the defaulting developer faced $255 million in coupon payments today, with… Read More>>

China Evergrande seems to be receiving new levels of government support, but whether that support is being extended to … Read more>>>

David Sin

Orchard Area Tower Put Up for Sale After Sin Capital’s $442M Bond Flop

David Sin

2021/12/27 by Christopher Caillavet Leave a Comment

Eight months after Sin Capital Group unloaded its Robinson Road headquarters, a mixed-use building near swanky Orchard Road formerly owned by the Singapore private equity firm has been put up for sale at an indicative price of S$600 million ($442… Read More>>

Eight months after Sin Capital Group unloaded its Robinson Road headquarters, a mixed-use building near swanky Orchard … Read more>>>

Beh Siew Kim of Ascott

Ascott REIT Doubling US Student Housing Portfolio to 8 Assets With $213M Buy

Beh Siew Kim of Ascott

2021/12/27 by Christopher Caillavet Leave a Comment

Ascott Residence Trust has agreed to acquire four more US student accommodation assets for $213 million, bringing the Singapore-listed REIT’s portfolio of North American university housing to eight properties as it continues to expand beyond its roots in serviced apartments… Read More>>

Ascott Residence Trust has agreed to acquire four more US student accommodation assets for $213 million, bringing the … Read more>>>

Embassy Suites By Hilton Palm Desert

US Court Approves Bankruptcy of Singapore’s EHT and More Asia Real Estate Headlines

Embassy Suites By Hilton Palm Desert

2021/12/27 by Michael Cole Leave a Comment

Singapore’s Eagle Hospitality Trust leads the day’s headlines again, as a US court ruling promises to bring closure, if not cash, to investors in the defaulted hotel REIT.

Also in debt news today, China Evergrande is trying… Read More>>

Singapore’s Eagle Hospitality Trust leads the day’s headlines again, as a US court ruling promises to bring closure, if … Read more>>>

KK Chiu CW

Asia Real Estate People in the News 2021-12-27

KK Chiu CW

2021/12/27 by Michael Cole Leave a Comment

Mingtiandi’s final set of personnel updates for 2021 starts off with the Hong Kong Institute of Surveyors choosing a new chief and also brings you the latest signs of troubled from the realm of China’s indebted developers. Also making leadership… Read More>>

Mingtiandi’s final set of personnel updates for 2021 starts off with the Hong Kong Institute of Surveyors choosing a new … Read more>>>

Pansy Ho Shun Tak

Shun Tak Said to Forfeit Singapore Condo Project as Stamp Duty Bites

Pansy Ho Shun Tak

2021/12/24 by Michael Cole Leave a Comment

Introduced just one week ago, Singapore’s residential cooling measures may have already frozen one project to death, with a report emerging today that Shun Tak Holdings has forfeited its S$556.7 million ($407.5 million) purchase of the High Point condo complex… Read More>>

Introduced just one week ago, Singapore’s residential cooling measures may have already frozen one project to death, … Read more>>>

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