In today’s roundup of regional news headlines, a Hong Kong developer feels the heat from China’s row with the US over a property sale, Singapore’s Mapletree aims to raise €500 million for its first European office fund, and the online… Read More>>
China Evergrande Mainland Listing Plan Fizzles and More Asia Real Estate Headlines
Four years after undertaking a $19.7 billion plan to achieve a back-door listing on a mainland exchange, China Evergrande’s announcement of that scheme’s failure leads Mingtiandi’s collection of real estate news from around the region.
Also in… Read More>>
Wanda’s AMC Entertainment Says Cash Could Run Dry This Year
Beijing-based Dalian Wanda Group is discovering yet again that Hollywood is a tough town, as its last remaining overseas trophy warned US financial regulators that it could run out of cash this year.
With attendance down 85 percent this year… Read More>>
CapitaLand Profit Dropped 89% in 2020 1H and More Asia Real Estate Headlines
Plunging profits lead the real estate headlines this month as Asia Pacific’s real estate developers total up the damage wrought by the coronavirus during the first half of 2020.
Southeast Asia’s largest builder, CapitaLand saw its profits… Read More>>
Wanda’s AMC Theatres Warns of $2.4B Loss and More Asia Real Estate Headlines
Scary cinema adventures lead today’s real estate headlines as a US unit of Dalian Wanda Group warns that it may never make it back alive from the marathon showing of Nightmare on COVID Street. Never long from the headlines, WeWork… Read More>>
Scape Seals A$2B Aussie Student Digs Deal and More Asia Real Estate Headlines
An Australian mega-deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the Australian arm of a London-based student accommodation provider buys a portfolio of university digs down under.
In other news around the region, an… Read More>>
Mirae Misses Payment on $5.8B Hotel Deal and More Asia Real Estate Headlines
The novel coronavirus continues to create a new reality for real estate investment around the region, as a report reveals that one of Korea’s largest asset managers has defaulted on its obligations in a $5.8 billion acquisition of a set… Read More>>
Wanda’s AMC Facing Imminent Default as COVID-19 Empties Movie Theatres
American movie theatre chain AMC Entertainment Holdings Inc is said to be close to bankruptcy, eight years after Chinese conglomerate Dalian Wanda bought the Kansas-based company for $2.6 billion.
Shares in the NYSE-listed firm closed down 20 percent to $2.08… Read More>>
Wanda Sells $600M Stake in AMC as Investment Retreat Continues
Wang Jianlin’s Dalian Wanda trimmed off another slice of the billionaire’s fading overseas empire last week when the property-to-entertainment conglomerate reached a $600 million agreement to hand over a stake in AMC Entertainment to private equity firm Silver Lake.
According… Read More>>
Wanda Said Talking Sale of Stake in AMC With Apollo, Silver Lake
China’s property-to-entertainment conglomerate Dalian Wanda Group is looking to raise money by potentially selling off part of its stake in AMC Entertainment Holdings, the world’s largest cinema operator, Reuters reported, citing an unnamed insider.
Wanda is said to be exploring… Read More>>
