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Xie Kun Shimao

Asia Real Estate People in the News 2021-12-20

Xie Kun Shimao

2021/12/20 by Michael Cole Leave a Comment

The struggles of China’s cash-starved development giants lead this week’s collection of personnel moves on Mingtiandi, with Shimao Group naming new directors to both its Hong Kong-listed flagship and its property management unit.

In India, KKR has… Read More>>

The struggles of China’s cash-starved development giants lead this week’s collection of personnel moves on Mingtiandi, … Read more>>>

Zhang wei2

China’s CFLD Seeks Police Help to Locate $313M Invested With Gangster Firm

Zhang wei2

2021/12/19 by Christopher Caillavet Leave a Comment

China Fortune Land Development’s disclosure on Thursday that it had entrusted $313 million in late 2018 to a wealth management firm controlled by a convicted swindler adds another chapter to the drama of one of the mainland’s most troubled real… Read More>>

China Fortune Land Development’s disclosure on Thursday that it had entrusted $313 million in late 2018 to a wealth … Read more>>>

Mainland Investor Gordon Tang Set to Privatise SGX-Listed Developer SingHaiyi

2021/12/19 by Beatrice Laforga Leave a Comment

Mainland investor Gordon Tang is set to privatise Singapore-listed property firm SingHaiyi Group following a successful takeover bid by a private holding firm controlled by the mysterious property investor.

SingHaiyi told the Singapore bourse late Thursday that Haiyi Treasure, a… Read More>>

Mainland investor Gordon Tang is set to privatise Singapore-listed property firm SingHaiyi Group following a successful … Read more>>>

Sun Dongping New Ease D&J

Warburg Pincus-Backed D&J, New Ease Merge Into $11B Mainland Developer

Sun Dongping New Ease D&J

2021/12/17 by Christopher Caillavet Leave a Comment

Mainland builders D&J and New Ease, both backed by US private equity giant Warburg Pincus, have completed a “strategic merger” to form a combined real estate developer and fund manager with over $11 billion in assets under management.

The newly… Read More>>

Mainland builders D&J and New Ease, both backed by US private equity giant Warburg Pincus, have completed a … Read more>>>

Anthony Kang ARA Korea

ARA Teams Up with Korea’s NH to Buy Office Block in London’s West End for $373M

Anthony Kang ARA Korea

2021/12/17 by Michael Cole Leave a Comment

ARA Asset Management has added to its list of European acquisitions with the Singapore-based firm informing Mingtiandi today that it has teamed up with Korea’s NH Investment & Securities to complete the acquisition of a newly constructed commercial project in… Read More>>

ARA Asset Management has added to its list of European acquisitions with the Singapore-based firm informing Mingtiandi … Read more>>>

Xu rongmao

Shimao Downgraded by Fitch, Moody’s and More Asia Real Estate Headlines

Xu rongmao

2021/12/17 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Shimao is the latest mainland developer to be hit with downgrades by key ratings agencies, shareholders baulk at Joseph Lau’s privatisation offer for Chinese Estates, and Singapore’s CDL acquires a residential development site… Read More>>

In today’s roundup of regional news headlines, Shimao is the latest mainland developer to be hit with downgrades by key … Read more>>>

John Pattar, Partner and Head of Real Estate, Asia, KKR

KKR Launches Beijing Multi-Family JV With Funlive in Bet on New Airport District

John Pattar, Partner and Head of Real Estate, Asia, KKR

2021/12/17 by Christopher Caillavet Leave a Comment

US private equity giant KKR has formed a joint venture with Chinese apartment operator Funlive to develop and operate a 3,000-unit multi-family project in the southern suburbs of Beijing as mainland authorities continue to take steps to encourage rental residential… Read More>>

US private equity giant KKR has formed a joint venture with Chinese apartment operator Funlive to develop and operate a … Read more>>>

Ravi Menon of MAS_cropped

Singapore Boosts Stamp Duty, Cuts Lending to Cool Housing Market

Ravi Menon of MAS_cropped

2021/12/16 by Beatrice Laforga Leave a Comment

The Singapore government on Thursday raised taxes on residential real estate purchases and tightened lending rules in a bid to tamp down record growth in home prices and maintain housing affordability in Southeast Asia’s wealthiest nation.

The state increased the… Read More>>

The Singapore government on Thursday raised taxes on residential real estate purchases and tightened lending rules in a … Read more>>>

Henderson executive director Augustine Wong Ho Ming

Henderson Land Acquires Residential Site in Hong Kong’s Mid-Levels in $66M Deal

Henderson executive director Augustine Wong Ho Ming

2021/12/16 by Pawara Laothamatas Leave a Comment

Henderson Land Development this week moved a step closer to creating a new luxury residential project in Hong Kong’s Mid-Levels, with its acquisition of a property valued at HK$522.1 million ($66.9 million) through a compulsory sale for redevelopment.

Hong Kong’s… Read More>>

Henderson Land Development this week moved a step closer to creating a new luxury residential project in Hong Kong’s … Read more>>>

Blackstone CEO and cofounder Stephen Schwarzman

Blackstone, ADIA Buying into India Housing Lender and More Asia Real Estate Headlines

Blackstone CEO and cofounder Stephen Schwarzman

2021/12/16 by Pimfha Chandhapradit Leave a Comment

A joint bet on India residential finance by the world’s largest real estate fund manager together with one of the biggest sovereign wealth funds leads today’s collection of real estate headlines from around the region, with troubled mainland… Read More>>

A joint bet on India residential finance by the world’s largest real estate fund manager together with one of the … Read more>>>

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