In today’s roundup of regional news headlines, debt-saddled China Evergrande Group sparks fresh contagion fears after missing a third round of bond payments, Evergrande’s former chief economist distances himself from the group’s growth strategy, and Hong Kong leader Carrie Lam… Read More>>
CapitaLand Sinks to S$1.67B Loss in 2020 H2 and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Singapore property giant CapitaLand reports an eye-watering loss for the second half and full year of 2020, Wharf Holdings plans to lease out a posh property on Hong Kong’s Peak, and co-working… Read More>>
Evergrande Services Spinoff Aims for $2B Hong Kong IPO and More Asia Real Estate Headlines
Leading Mingtiandi’s latest roundup of regional news headlines is a $2 billion Hong Kong IPO which could help China’s most highly leveraged developer pay down some of that debt load.
Also in the news, northern India’s tallest residential tower… Read More>>
SHK Now Priced at Less Than Half of Asset Value and More Asia Real Estate Headlines
The decline in Hong Kong’s commercial property market leads today’s property news today, as the billionaire Kwok family sees their fortunes slide by nearly $8 billion as Sun Hung Kai Properties, the developer that they control sees its stock price… Read More>>
Developers Scramble for Cash as Virus Hits Cashflow and More Asia Real Estate Headlines
Stalling home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that mainland developers are scrambling for cash in a liquidity crunch triggered by the coronavirus outbreak.
In other news around… Read More>>
Gaw $4.5B Community Retail Portfolio Said Hurt by HK Protests and More Asia Real Estate Headlines
Community malls lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Hong Kong-based private equity firm has indicated that unrest in the Asian financial hub has hurt businesses in its portfolio of… Read More>>
ARA US Hospitality Trust Buys Trio of Texas, North Carolina Hotels for $84.5M
ARA US Hospitality Trust has agreed to acquire a 390-key trio of select-service hotels in the US for $84.5 million, just six months after the trust raised $498 million in its debut on the Singapore stock exchange.
The trust has… Read More>>