Hong Kong heavyweight New World Development reports a six-month loss of $852 million and sets out a recovery plan involving asset sales, with that story leading today’s headline roundup. Also in the news, the founding family of Japan’s Seven &… Read More>>
Mastern Said to Receive $630M Bid for Seoul Tower and More Asia Real Estate Headlines
South Korea’s Mastern Investment Management picks local player KIS as the preferred bidder for a 34-storey Seoul office tower, with that prospective deal leading today’s headline roundup. Also in the news, Hong Kong’s New World Development offers additional properties as… Read More>>
PwC Said to Weigh Deep Cuts to China Audit Staff and More Asia Real Estate Headlines
PwC leads Mingtiandi’s headline roundup today, as the Big Four accounting firm considers slashing up to half its financial services auditing staff in China. Also making the news, Lippo Malls Indonesia Retail Trust suffers a ratings downgrade and Elite UK… Read More>>
WeWork Dublin Tower Seized From Hana and More Asia Real Estate Headlines
Europe’s office crisis is causing havoc for Korean investors, with an account of creditors seizing a Dublin office complex leading Mingtiandi’s headline roundup today. Also in the news, Country Garden is hit with a wind-up petition in Hong Kong and… Read More>>
ESR-GIC Venture Buying Melbourne Site for $32M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, ESR’s Aussie logistics venture with GIC acquires a Melbourne industrial project and troubled mainland developer Kaisa Group may be running out of options as creditors give its bond swap offer the cold shoulder…. Read More>>
PAG, Warburg Backing $6B Pre-IPO Round for Wanda and More Asia Real Estate Headlines
Dalian Wanda leads the news today as it heads back to the Hong Kong stock exchange with a new group of backers, which are said to include PAG, Country Garden, Tentcent and Warburg Pincus.
Also in today’s… Read More>>
Dalian Wanda Faces $5.7B Debt Bill and More Asia Real Estate Headlines
A debt-laden mainland developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company founded by billionaire Wang Jianlin needs to re-finance $5.7 billion of debt maturing this year.
In other news… Read More>>
Lai Sun Wins Kwun Tong Site for HK$883M and More Hong Kong Real Estate Headlines
Kowloon leads Mingtiandi’s roundup of top Hong Kong real estate headlines this week with a listed developer picking up a site Kowloon East’s Ngau Tau Kok area through a URA tender. Also on the peninsula, a Michelin star bearing dim… Read More>>
Survey Shows 22% of Mainland Homes Unoccupied and More Asia Real Estate Headlines
At the top of today’s real estate news from around the region, while China’s leaders seem determined to stamp out housing speculation, that sentiment seems to have had little impact on the country’s world-leading supply of empty homes. Further south,… Read More>>
First Sponsor Sells Chengdu Hotel for $72M and More Asia Real Estate Headlines
Leading today’s roundup of headlines from around the region, a Singaporean developer is selling a commercial building in southwest China that houses the Millennium & Copthorne-managed M Hotel Chengdu to a local investor. Also in the headlines, US design and… Read More>>