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Sunac Sun Hongbin

Sunac Focuses on Core Business After LeShi Debacle and More Asia Real Estate Headlines

Sunac Sun Hongbin

2018/09/02 by Michael Cole 1 Comment

Developer half-year financial results continue to dominate the headlines today, as both Sunac China and Hong Kong’s Sino Land report in with big jumps in profit driven by strong sales in the first six months of 2018. Down in Singapore… Read More>>

Developer half-year financial results continue to dominate the headlines today, as both Sunac China and Hong Kong’s Sino … Read more>>>

chen lian pang CapitaLand

CapitaLand Buys Suburban HCMC Residential Site for $59M

chen lian pang CapitaLand

2018/08/30 by Michael Cole Leave a Comment

It’s been a busy week for Southeast Asia’s biggest real estate developer, as CapitaLand today announced its VND 1.38 billion ($58.98 million) acquisition of a site in the eastern suburbs of Vietnam’s Ho Chi Minh City.

The acquisition of the… Read More>>

It’s been a busy week for Southeast Asia’s biggest real estate developer, as CapitaLand today announced its VND 1.38 … Read more>>>

Greenland's Oriental Garden Shanghai

Greenland Hong Kong Reports 267% Jump in Core Profit

Greenland's Oriental Garden Shanghai

2018/08/30 by Richard Meyer Leave a Comment

Greenland Hong Kong Holdings, the Hong Kong-listed subsidiary of China’s sixth largest developer, reported a 267 percent rise in first-half core net profits, which exclude revaluations and some one-offs. It is the fourth major Chinese property company to report strong… Read More>>

Greenland Hong Kong Holdings, the Hong Kong-listed subsidiary of China's sixth largest developer, reported a 267 percent … Read more>>>

zhang lei hillhouse

Yum China Said to Reject $17.6B Hillhouse-led Offer and More Asia Real Estate Headlines

zhang lei hillhouse

2018/08/30 by Michael Cole Leave a Comment

Figuring out the value of China’s retail markets leads today’s roundup of real estate news from the region as the owner of the mainland’s KFC, Pizza Hut and Taco Bell outlets is said to have turned down a reported $17.6… Read More>>

Figuring out the value of China’s retail markets leads today’s roundup of real estate news from the region as the owner … Read more>>>

Mahathir Mohammed

Malaysian Committee to Study Country Garden Project and More Asia Real Estate Headlines

Mahathir Mohammed

2018/08/30 by Michael Cole Leave a Comment

Malaysia may have less population than any province in China, but the Southeast Asian nation is set to have a major impact on the mainland’s biggest real estate developer, according to today’s headlines in the region. Also in the news,… Read More>>

Malaysia may have less population than any province in China, but the Southeast Asian nation is set to have a major … Read more>>>

ji qi huazhu

China’s Biggest Hotel Operator Leaks 500M Customer Records in Data Breach

ji qi huazhu

2018/08/30 by Emma Zhou Leave a Comment

Huazhu Hotels Group, a NASDAQ-listed hotel operator known for its chains of economy hostelries in China, including Home Inn and 7 Days Inn, was revealed by mainland network security organisation JDSEC Team as having been the victim of a hack… Read More>>

Huazhu Hotels Group, a NASDAQ-listed hotel operator known for its chains of economy hostelries in China, including Home … Read more>>>

Westgate shopping centre

CapitaLand Sells 70% Stake in Singapore’s Westgate Mall for S$789.6M

Westgate shopping centre

2018/08/30 by Emma Zhou Leave a Comment

CapitaLand announced on August 27th that the company is selling its 70 percent stake in the Westgate shopping centre in Singapore to its CapitaLand Mall Trust (CMT) affiliate for S$789.6 million ($578.6 million). The transaction, which is expected to be… Read More>>

CapitaLand announced on August 27th that the company is selling its 70 percent stake in the Westgate shopping centre in … Read more>>>

LEE_Chee_Koon CapitaLand

CapitaLand Appoints Lee Chee Koon as Group CEO in Accelerated Succession

LEE_Chee_Koon CapitaLand

2018/08/29 by Richard Meyer Leave a Comment

CapitaLand has named 43-year-old Lee Chee Koon, the current group chief investment officer, as president and group chief executive officer of Southeast Asia’s largest real estate developer, according to an announcement dated 28 August and posted to the company’s website.

… Read More>>

CapitaLand has named 43-year-old Lee Chee Koon, the current group chief investment officer, as president and group chief … Read more>>>

Mahathir Mohammed

$100B Country Garden Malaysia Project in Doubt on Mahathir Warning

Mahathir Mohammed

2018/08/29 by Richard Meyer Leave a Comment

Country Garden’s massive 14-square-kilometre, $100 billion Forest City (森林城市) project in Johor, Malaysia may not be completed as planned following comments by Malaysian Prime Minister Mahathir Mohamad suggesting that foreigners will not be permitted to live in the new city…. Read More>>

Country Garden's massive 14-square-kilometre, $100 billion Forest City (森林城市) project in Johor, Malaysia may not be … Read more>>>

Lloyd Blankfein

Goldman Sachs Confirms $1.5B Sale of London HQ and More Asia Real Estate Headlines

Lloyd Blankfein

2018/08/28 by Michael Cole Leave a Comment

Korea’s sovereign wealth fund finds itself at the top of today’s property news in the region after the NPS was confirmed as the buyer of Goldman Sachs’ new European headquarters, and HNA saved itself from a cascade of defaults on… Read More>>

Korea’s sovereign wealth fund finds itself at the top of today’s property news in the region after the NPS was confirmed … Read more>>>

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