Troubled mainland developers lead this week’s roundup of personnel moves from around Asia as four Hong Kong-listed builders see top officials depart. Also making the list is a new CFO at Hong Kong Shanghai Alliance and we have updates from… Read More>>
Singapore Assisted Living Tender Draws Four Bids and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the tender for a private assisted living project in Singapore’s Kovan neighbourhood attracts meagre interest, and China’s Agile Group warns of an eye-popping 2022 loss.
URA Tender Draws Four Bids… Read More>>
Evergrande Creditors Reject Restructuring Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande struggles to win creditor support for a debt restructuring framework ahead of a self-imposed March deadline, and HSBC’s move towards open-plan desks irks Hong Kong bankers.
Evergrande Fails… Read More>>
ESR-Logos REIT Selling Singapore Aerospace Asset and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed ESR-Logos REIT enters a deal to sell an aerospace training facility, Chinese developers continue to raise funds via discounted share sales, and CPPIB, together with Indian partner L&T sell an infrastructure joint… Read More>>
Digital Core REIT Buying Frankfurt Data Centre Stake and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Digital Core REIT proceeds with buying a stake in a German data centre while forgoing an acquisition in Dallas, and a journalistic probe illuminates casino boss Steve Wynn’s shadowy connections in China.
China Home Prices in Steepest Fall Since 2015 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s property crisis drags on as new home prices fall for a 14th month in a row, Beijing-based developer Sunac huddles with creditors to discuss an onshore debt restructuring, and Guangzhou builder Agile… Read More>>
Stamford Land Defends Auckland Hotel Sale and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Stamford Land responds to questions raised by regulators about the proposed disposal of an Auckland hotel, and a redevelopment site in the city-state’s Pasir Panjang area sells to homebuilder Silver Edge.
China’s Agile Gets Mezzanine Loan From Hong Kong Tycoons at 20%
China’s 28th-largest developer is borrowing money at credit card interest rates as it struggles with declining sales and $1.16 billion in bond obligations due in the second half of this year.
Guangzhou-based Agile Group informed the Hong Kong exchange late… Read More>>
Hulic to Develop Tokyo Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Japanese developer Hulic eyes construction of a data centre in Tokyo’s Nihonbashi area, China Resources Land obtains a one-year credit facility, and a director of Singapore-listed Hwa Hong voices concerns about the property… Read More>>
China’s Agile Group Dodging Debt Crisis With Sales of Stakes in Seven Projects
Agile Group is hanging for-sale signs on more of its assets, with nearly RMB 1.8 billion ($280 million) in new disposals announced since last Friday.
The cash-strapped Guangzhou builder is selling its shareholding in two under-construction residential projects in Xuzhou,… Read More>>
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