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>>
GLP Launches $1.1B Vietnam Logistics Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, warehouse specialist GLP launches its first fund focused on Vietnam, Chinese developer Agile Group gets a lifeline from state-backed COLI, and buyers snap up apartments at new projects in Hong Kong and Shanghai.
Evergrande Expected to Lose Prized Football Club and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, cash-strapped China Evergrande is reportedly set to sell out of its prized football team, Shimao Group’s chairman puts two office floors in Hong Kong up for sale, and Agile Group becomes the latest… Read More>>
Asia Real Estate People in the News 2022-01-03
A flurry of board moves at mainland China property firms leads Mingtiandi’s first roundup of regional personnel moves in 2022, with Agile Group, Greentown Services and Longfor Group all reaching for new leadership as the industry’s debt crisis grinds on.
CapitaLand to Launch First RMB Fund in Q4 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s CapitaLand registers in China to prepare for its first RMB-denominated fund, a Gaw Capital-backed Chinese digital freight platform lists in New York, and a Macau casino operator fans out into nearby Zhongshan… Read More>>
SG’s First REIT Falls 35% After Default Warning and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Singaporean REIT’s traded units suffer a punishing loss, US developer Hines agrees to sell its stake in an Indian office project, and Danke appears to have ceased operating its home rental referral… Read More>>
Henderson Land Underlying Profit Drops 26% in 2019 and More Asia Real Estate Headlines
A Hong Kong developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company controlled by the family of the city’s richest man posted a 26 percent drop in underlying profit to… Read More>>
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