Hong Kong’s New World Development leads the list of real estate happenings from around Asia as the defaulting developer is said to be shopping assets to Blackstone, CapitaLand and other investors in an effort to bail out its balance sheet…. Read More>>
$700M Fosun Tourism IPO Offers a Stake in Money-Losing Travel Unit
Fosun Tourism, a recently spun off unit of Hong Kong-listed Fosun International filed proof of an IPO application with the Hong Kong stock exchange on Monday that revealed the latest step in what the company is said to plan as… Read More>>
Designer Wins Deal to Bring SpongeBob to Life in Foshan and More Asia Real Estate Headlines
SpongeBob and the Teenage Mutant Ninja Turtles are coming to southern China, and today’s top story reveals the design firm tasked with bringing the cartoon characters to life in Foshan. Also showing up in the headlines of the day, Singapore’s… Read More>>
Colony Seals Deal with China’s Oceanwide to Bring Atlantis Resort to Hawaii
US hotels and resorts continue to be a target for Chinese investors after one of the mainland’s biggest property developers recently signed a deal with Kerzner International to develop a super-luxury Atlantis resort on the Hawaiian island of Oahu.
China’s… Read More>>
Shanghai Disneyland to Add China’s Biggest Outlet Mall
To further drive home the truth that you can’t have fun without buying something, Shanghai’s Disney resort will add the country’s largest outlet mall to its amusement offerings.
Shanghai Shendi Group, which operates the Shanghai International Tourism and Resort Zone… Read More>>