Malaysian fraud suspect Jho Low leads today’s collection of real estate headlines from around Asia with an investigative report placing the 1MDB fugitive in Shanghai. Also in the news, an Indonesian heiress buys a pricey bungalow in Singapore an a… Read More>>
Evergrande Admits to $127B in Defaults and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande documents the extent of its massive liabilities in a stock filing, Dalian Wanda’s offshore bonds get a boost as creditors avoid playing hardball, and a report places fugitive financier Jho Low… Read More>>
Ex-Goldman Banker Says Warned Bosses on Jho Low and More Asia Real Estate Headlines
In this edition of Mingtiandi’s regional roundup, a former Goldman Sachs banker says he warned against doing business with Malaysian financier Jho Low, private equity giant Blackstone emerges as a possible bidder for an Aussie casino empire, and Singapore’s SPH… Read More>>
CK Asset’s Chiu Defends Security Law and More Asia Real Estate Headlines
A company controlled by Hong Kong’s richest man leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the firm defends Beijing’s new security law for Hong Kong ahead of its biggest property launch of the year.
Mirae Needs More Time to Close $5.8B Anbang Hotel Deal and More Asia Real Estate Headlines
A luxury hotel deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the South Korean buyer is said to have asked for some more time to complete the $5.8 billion acquisition, as financing dries up… Read More>>
Greenland Aborts NYC Hotel Deal Linked to 1MDB Scandal After Feds Step In
It looks as if the US government has beaten Chinese developer Greenland Group to a 41 percent stake in Park Lane Hotel, following the Shanghai-based company’s quiet retreat from a Manhattan acquisition it first announced in May of this year.
China Home Prices Rise for 15th Consecutive Month and More Asia Real Estate Headlines
Among the biggest stories as we kick off August is the strong performance of China’s residential market, where sales rose again in July. That upswing helped some mainland developers to announce better than expected sales, while their Hong Kong counterparts… Read More>>