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lu zhiqiang Oceanwide

PwC Resigns as Auditor for China Oceanwide Following Profit Warning

lu zhiqiang Oceanwide

2019/02/27 by Jesus Alcocer Leave a Comment

China Oceanwide Holdings Ltd (715:Hong Kong) has suffered a fresh setback just a week after the troubled developer warned of a substantial drop in profits for 2018 with its auditor, PriceWaterhouseCoopers, having resigned on February 22.

The London-based accounting giant… Read More>>

China Oceanwide Holdings Ltd (715:Hong Kong) has suffered a fresh setback just a week after the troubled developer … Read more>>>

adrian cheng2

New World 1H Profit Jumps 29% and More Asia Real Estate Headlines

adrian cheng2

2019/02/27 by Nina Suebsukcharoen Leave a Comment

Both a Hong Kong and a mainland China property company are reporting good news today, with New World Development recording a 29 percent hike in core profit over a six month period, while Dalian Wanda successfully floated a $300 million… Read More>>

Both a Hong Kong and a mainland China property company are reporting good news today, with New World Development … Read more>>>

Zhejiang New Century

Ctrip, GreenTree Take Cornerstone Stakes in HK$1.4B Zhejiang New Century Hotel IPO

Zhejiang New Century

2019/02/27 by Jan Kot Leave a Comment

Chinese online travel giant Ctrip is subscribing for $32 million worth of shares in one of mainland China’s largest private hotel groups, Zhejiang New Century Hotel Management, ahead of the company’s upcoming Hong Kong IPO.

Ctrip, together with New York-listed… Read More>>

Chinese online travel giant Ctrip is subscribing for $32 million worth of shares in one of mainland China’s largest … Read more>>>

Arthur Wang Poly Global

Poly Puts 49% Stake in Sydney Harbour Project on Market Amid Aussie Housing Skid

Arthur Wang Poly Global

2019/02/26 by Jesus Alcocer Leave a Comment

Poly Global announced on Sunday that it will make available for purchase a 49 percent stake in its A$300 million ($215 million) Poly Centre development in central Sydney, as the Australian real estate arm of state-owned defense conglomerate China Poly… Read More>>

Poly Global announced on Sunday that it will make available for purchase a 49 percent stake in its A$300 million ($215 … Read more>>>

Chen Zhuolin

Agile Group Buys Site on Hong Kong’s Lantau Island for HK$1.3B

Chen Zhuolin

2019/02/26 by Jan Kot Leave a Comment

Mainland developer Agile Group won a residential plot on Hong Kong’s Lantau Island for HK$1.13 billion ($143.96 million) this week, surpassing analyst forecasts for the price of the project by as much as 50 percent amid optimism for China’s “Greater… Read More>>

Mainland developer Agile Group won a residential plot on Hong Kong’s Lantau Island for HK$1.13 billion ($143.96 million) … Read more>>>

Logos India CEO Mehul Shah

Logos Buys Pair of Chennai Logistics Parks for $98.4M

Logos India CEO Mehul Shah

2019/02/26 by Nina Suebsukcharoen Leave a Comment

Just days after acquiring a key site in Melbourne to develop into a new logistics and distribution estate, Logos bagged two logistics parks in Chennai, India, from Casa Grand Group for INR 7 billion ($98.4 million) with this being its… Read More>>

Just days after acquiring a key site in Melbourne to develop into a new logistics and distribution estate, Logos bagged … Read more>>>

pine grove singapore

Singapore Condo Owners Try Again for Collective Sales and More Asia Real Estate Headlines

pine grove singapore

2019/02/26 by Michael Cole Leave a Comment

Sales of new condos continue to slide in Singapore, but home owners in a pair of major projects in the city-state are still trying for collective sales of their homes, with one complex making its fifth attempt to find a… Read More>>

Sales of new condos continue to slide in Singapore, but home owners in a pair of major projects in the city-state are … Read more>>>

sun zheyi

Asia Real Estate People in the News 2019-02-25

sun zheyi

2019/02/25 by Michael Cole Leave a Comment

With the passing of the lantern festival, the last instalment of the lunar new year, in many parts of Asia last week, the region is back to full speed ahead, with several industry leaders finding new places to work this… Read More>>

With the passing of the lantern festival, the last instalment of the lunar new year, in many parts of Asia last week, … Read more>>>

Lucas Loh CapitaLand

CapitaLand Tops Out RMB 24B Raffles City Chongqing

Lucas Loh CapitaLand

2019/02/25 by Jesus Alcocer Leave a Comment

CapitaLand announced on Monday that it has topped out the 1.2-million-square-metre Raffles City in Chongqing, a month after the Singapore-listed firm announced the S$11 billion acquisition of fellow government-backed developer Ascendas-Singbridge, its partner in the project.

Now structurally complete, the… Read More>>

CapitaLand announced on Monday that it has topped out the 1.2-million-square-metre Raffles City in Chongqing, a month … Read more>>>

jeff xu tb

Chinese Developer Backs Out of A$600M Starwood-Backed Project in Melbourne

jeff xu tb

2019/02/25 by Jan Kot Leave a Comment

Australia-based Chinese developer Golden Age and partner US investment firm Starwood Capital have shelved plans for a A$600 million ($427 million) Melbourne apartment and hotel complex, and are reportedly selling the site to Proprium Capital Partners Australia amid a slowing… Read More>>

Australia-based Chinese developer Golden Age and partner US investment firm Starwood Capital have shelved plans for a … Read more>>>

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