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evergrande ev tb

Evergrande Weighs Sale of Stake in Auto Unit After $740M H1 Loss

evergrande ev tb

2021/08/11 by Christopher Caillavet Leave a Comment

After China Evergrande New Energy Vehicle Group issued a warning this week that its first-half net loss was expected to nearly double from a year earlier, the car maker’s parent firm — debt-saddled developer China Evergrande — has confirmed that… Read More>>

After China Evergrande New Energy Vehicle Group issued a warning this week that its first-half net loss was expected to … Read more>>>

butterfly on prat

Hotel in Hong Kong’s Tsim Sha Tsui Said Sold to US Fund for $123M

butterfly on prat

2021/08/11 by Christopher Caillavet Leave a Comment

Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, has reportedly changed hands for HK$980 million ($123 million) as the local tourism collapse compels smaller lodging operators to sell their assets to redevelopment-minded investors.

Multiple market… Read More>>

Butterfly on Prat, a 158-room hotel in Hong Kong’s Tsim Sha Tsui area, has reportedly changed hands for HK$980 million … Read more>>>

Livat mall changsha

Ikea Branches Out Into Housing With New China Centre and More Asia Real Estate Headlines

Livat mall changsha

2021/08/11 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, retail giant Ikea has gone from selling furniture for your new apartment to selling you a home too as the Swedish firm launches residential sales at a mixed-use project in the capital of… Read More>>

In today’s roundup of regional news headlines, retail giant Ikea has gone from selling furniture for your new apartment … Read more>>>

Lee Chee Koon tb

CapitaLand Shareholders Approve $15.9B Restructuring, Developer to De-List

Lee Chee Koon tb

2021/08/10 by Christopher Caillavet Leave a Comment

CapitaLand said shareholders on Tuesday voted “overwhelmingly” in favour of a $15.9 billion plan to privatise the Singapore property giant’s development operation and spin off its fund management business.

More than 3,400 CapitaLand shareholders voted by proxy at an extraordinary… Read More>>

CapitaLand said shareholders on Tuesday voted “overwhelmingly” in favour of a $15.9 billion plan to privatise the … Read more>>>

Stan Tang

Family of Hong Kong’s Late Shop King Sells Fanling Industrial Asset for $89M

Stan Tang

2021/08/10 by Christopher Caillavet Leave a Comment

The family of late “Shop King” Tang Shing-bor has sold a second New Territories industrial asset to China Resources Group, as the cash crisis of one of Hong Kong’s most active real estate investors creates an opportunity for the mainland… Read More>>

The family of late “Shop King” Tang Shing-bor has sold a second New Territories industrial asset to China Resources … Read more>>>

Passport building at Brussel airport, a building that KTC acquired in 2018

Korea’s KTB Raises $478M for US Real Estate Debt and More Asia Real Estate Headlines

Passport building at Brussel airport, a building that KTC acquired in 2018

2021/08/10 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, South Korea’s KTB closes on capital commitments for a fund investing in mortgage loans for US multi-family housing, Softbank-banked Oyo Hotels reportedly contemplates an India IPO, and Cushman & Wakefield is in talks… Read More>>

In today’s roundup of regional news headlines, South Korea’s KTB closes on capital commitments for a fund investing in … Read more>>>

mark dixon iwg

IWG Forms Greater China Flexible Office JV with Hong Kong’s Hysan

mark dixon iwg

2021/08/09 by Christopher Caillavet Leave a Comment

Flexible office provider IWG and retail and office landlord Hysan Development will form a joint venture with the exclusive right to operate all IWG brands in Hong Kong and throughout the Greater Bay Area, the companies announced Monday.

The JV… Read More>>

Flexible office provider IWG and retail and office landlord Hysan Development will form a joint venture with the … Read more>>>

John Forrester Cushman

Cushman & Wakefield Names Forrester Global CEO as Revenue Jumps 29%

John Forrester Cushman

2021/08/09 by Pawara Laothamatas Leave a Comment

Commercial real estate brokerage Cushman & Wakefield posted second-quarter revenue of $2.2 billion, a 29 percent surge from the same three months in 2020, with the company releasing the results at a conference where it also revealed an upcoming top… Read More>>

Commercial real estate brokerage Cushman & Wakefield posted second-quarter revenue of $2.2 billion, a 29 percent … Read more>>>

kent yang SLP

GLP Vietnam Joint Venture Breaks Ground on Haiphong Logistics Complex

kent yang SLP

2021/08/09 by Christopher Caillavet Leave a Comment

SEA Logistic Partners, a joint venture backed by warehouse giant GLP, has broken ground on a set of sheds in the northern Vietnamese port city of Haiphong, marking SLP’s first logistics development in the rapidly industrialising nation and in Southeast… Read More>>

SEA Logistic Partners, a joint venture backed by warehouse giant GLP, has broken ground on a set of sheds in the … Read more>>>

bund soho

Blackstone’s $3B Buyout of Soho Moves Forward and More Asia Real Estate Headlines

bund soho

2021/08/09 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China begins its antitrust review of Blackstone’s $3 billion takeover of developer Soho, Hong Kong’s CK Asset confirms plans to convert some of its hotels into housing, and Singapore Land Group swings to… Read More>>

In today’s roundup of regional news headlines, China begins its antitrust review of Blackstone’s $3 billion takeover of … Read more>>>

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