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>>
MCT Launches S$902M Equity Sale to Fund Google Biz Park Buy and More Asia Real Estate Headlines
A Singapore commercial property trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the REIT has kicked off a $661 million equity sale to fund the acquisition of a business park… Read More>>
Nephew of Agile Founder Files for HK$200M IPO of Guangzhou-Based JY Grandmark
A mainland property developer controlled by a nephew of the founder of Agile Property Holdings has filed for an IPO on the Hong Kong exchange, as the family behind the top 30 mainland developer expands its Guangdong-based real estate empire.
Asia Real Estate People in the News 2019-06-03
In this week’s edition of People in the News, a major Singapore developer and investor names a new group chief executive officer, while a senior vice president is appointed at the sovereign wealth fund. Elsewhere, there are movers and shakers… Read More>>
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged mainland investment conglomerate plays out its own version of Game of Thrones in the boardroom.
In other news around the region, Guangzhou-based… Read More>>
Vanke Picks Up Latest Piece for Kowloon Project and More Hong Kong Real Estate Headlines
Compulsory sales are moving to the forefront of Hong Kong’s real estate news this week as mainland developers China Vanke and Agile Property are joining a game that has long helped local players enjoy healthy margins.
With Vanke completing… Read More>>
Agile Group Buys Site on Hong Kong’s Lantau Island for HK$1.3B
Mainland developer Agile Group won a residential plot on Hong Kong’s Lantau Island for HK$1.13 billion ($143.96 million) this week, surpassing analyst forecasts for the price of the project by as much as 50 percent amid optimism for China’s “Greater… Read More>>