In today’s roundup of regional news headlines, China’s second-largest developer, Vanke, reports a relatively modest profit drop as red-chip China Resources Land posts healthier numbers. In other mainland builder news, Sunac narrows its six-month loss while Country Garden faces a… Read More>>
Bain Buying 90% Stake in India’s Adani Capital, Adani Housing, Buying Out Family
Private equity major Bain Capital on Sunday announced an agreement to acquire 90 percent of two companies controlled by Indian billionaire Gautam Adani.
The transaction will buy out 100 percent of the Adani family’s private investments in Adani Capital, which… Read More>>
CapitaLand Makes $1B Bet on Life Science Park and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singaporean giant CapitaLand reveals its Geneo life science and innovation cluster to support biomedical research, and Prologis agrees to buy $3.1 billion in US warehouses from Blackstone. Also making the list, a pair… Read More>>
Tender Opens for Plot in Hong Kong’s Kennedy Town and More Asia Real Estate Headlines
In today’s roundup of regional headlines, the Lands Department launches the sale of a Kennedy Town residential plot in Hong Kong’s first government tender of the financial year, and Amazon renews leases for India office park space despite recent job… Read More>>
Brookfield, Digital Realty Kick Off India Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, BAM Digital Realty gets to work on its first data centre in India, a project site on Hong Kong’s Lantau Island attracts bids from local heavyweights, and global banks seek to jump-start Chinese… Read More>>
Stock Meltdown Casts Doubt on Adani Share Sale and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the fallout from a short-seller report jeopardises Adani’s secondary share offering, and retail rents fall in Singapore’s central region as islandwide vacancy improves.
Adani Slammed by $48B Stock Rout, Clouding… Read More>>
Adani Blasts ‘Maliciously Mischievous’ Hindenburg and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, India’s Adani Group rips an unflattering report by Hindenburg Research and questions the short-seller’s motives.
Adani Fires Back After Short-Seller Fraud Accusations
A “maliciously mischievous, unresearched report” published by Hindenburg… Read More>>
GuocoLand Net Profit Dives After Year-Earlier Gain and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, SGX-listed builder GuocoLand takes a profit hit after recording a large disposal gain a year earlier, and Warren Buffett’s Berkshire Hathaway will lend support to a smart city development in India.
Read More>>
China’s CIFI Suspends Debt Payments and More Asia Real Estate Headlines
Mainland China’s developer credit crisis dominates the news again today after Shanghai-based CIFI Holdings announced that it will enter restructuring and Greenland Group said it will seek an extension on an offshore bond. Also, getting some virtual ink is a… Read More>>
Singapore’s Mercatus Trims Back Mall Disposal Plan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, NTUC is said to be scaling back the planned sale of its mall portfolio in Singapore, while the city-state’s heavy-hitting sovereign investors are reportedly in talks to lend support to a $10 billion… Read More>>