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Jack Ma, Alibaba Founder

Alibaba-Backed Red Star Macalline Being Bought Out by Xiamen SOE

2023/01/19 by Greg Isaacson Leave a Comment

A Chinese state-controlled conglomerate has agreed to buy what could be a controlling stake in Red Star Macalline Group Corporation, an Alibaba-backed home improvement mall chain, as government firms continue to bail out China’s flailing private real estate sector.

Shanghai-listed… Read More>>

Jack Ma, Daniel Zhang Alibaba

Alibaba-Backed Red Star Macalline in Talks to Sell Controlling Stake to Xiamen SOE

2023/01/09 by Greg Isaacson Leave a Comment

Less than four months after having its credit rating withdrawn by Fitch Ratings, Alibaba-backed home furnishing mall operator Red Star Macalline Group Corporation is in talks to sell what could be a controlling stake in the company to Chinese state-controlled… Read More>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

Evergrande Boss Commits to Repaying Debt and More Asia Real Estate Headlines

2023/01/03 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China Evergrande’s Xu Jiayin promises results in a New Year message to employees, and the developer’s electric car unit prepares for a round of layoffs and salary cuts.

Evergrande Vows… Read More>>

ocean flower island

Evergrande Hainan Resort Towers Repurposed and More Asia Real Estate Headlines 

2022/11/08 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, officials who seized an Evergrande resort in Hainan province aim to reposition the buildings for residential and commercial purposes, while in Singapore the volume of condo resale transactions resumes its decline after a… Read More>>

8 Shenton Way

SOM Unveils Design for Alibaba-Backed Tower Set to Be Singapore’s Tallest Building

2022/10/27 by Christopher Caillavet Leave a Comment

American architecture giant Skidmore, Owings & Merrill has revealed its design for an Alibaba-backed tower soaring 350 metres (1,148 feet) in height to become Singapore’s tallest skyscraper upon completion.

The 63-storey mixed-use development at 8 Shenton Way in the Tanjong… Read More>>

Jack Ma Getty Images

Alibaba-Led Consortium Gets Nod for Singapore’s Tallest Skyscraper in Tanjong Pagar

2022/08/04 by Beatrice Laforga Leave a Comment

Mainland tech giant Alibaba together with consortium partners led by Perennial Holdings are set to build Singapore’s tallest tower after regulators approved their proposal for a 305-metre (1,001-foot) skyscraper in Tanjong Pagar.

In a grant of written permission dated 7… Read More>>

Shum Tin-ching, chairman and controlling shareholder of Jiayuan International

Jiayuan Selling Jiangsu Complex and More Asia Real Estate Headlines

2022/06/02 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Jiayuan agrees to sell a mixed-used complex as it fends off wind-up petitions, Hong Kong rejects a New Territories housing plan submitted by two key builders, and shareholders approve ESR Cayman’s… Read More>>

Chelsfield, Nick Loup

ARA, Chelsfield Say Sale of Singapore’s Lazada One Heading into Final Stages

2022/04/19 by Beatrice Laforga Leave a Comment

ARA Asset Management and Chelsfield Asia are officially opening their office project in Singapore’s Bras Basah area this week, with top executives from the two firms confirming that the building now known as Lazada One is the target of offers… Read More>>

Zhou Xin E-House

Alibaba-Backed E-House Faces Monday Default on $298M Bond

2022/04/14 by Michael Cole Leave a Comment

China’s real estate troubles have hit one of the country’s largest property service providers, with a brokerage and data provider backed by Alibaba announcing on Thursday that it is unlikely to be able to pay a $298.2 million bond due… Read More>>

gordon tang singhaiyi

Alibaba-Led Singapore Project Gets New Partner as Gordon Tang Leads Buy of 21% Stake

2022/04/05 by Beatrice Laforga Leave a Comment

Mainland tech giant Alibaba is getting some new partners in a S$1.68 billion ($1.24 billion) office project in Singapore’s Tanjong Pagar area with companies controlled by mysterious Chinese investor Gordon Tang buying a 21 percent stake in the venture from… Read More>>

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MTD TV

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Asia Real Estate People in the News 2023-03-27
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Asia Real Estate People in the News 2023-03-13

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People in the News

Asia Real Estate People in the News 2023-03-27

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Top level moves at European and Asian fund managers lead this week’s list of personnel changes from around Asia Pacific … Read More>>

Jonathan Yap Named CapitaLand Development CEO as Leow Retires Early

Jonathan Yap CapitaLand

Singapore property giant CapitaLand on Thursday announced the upcoming retirement of CapitaLand Development CEO Jason … Read More>>

Asia Real Estate People in the News 2023-03-20

Grace Woo Chia-ching, executive director of CK Asset (Getty Images)

Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with … Read More>>

Asia Real Estate People in the News 2023-03-13

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The passing of a global architecture giant leads this week’s round of personnel updates on Mingtiandi, as KPF mourns the … Read More>>

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