In today’s roundup of real estate headlines from around Asia, Hong Kong’s biggest bank has taken note of China Evergrande’s ongoing financial woes, as HSBC has reportedly stopped providing mortgages for the developer’s housing projects in Asia’s most expensive residential… Read More>>
CDL Files for Singapore REIT IPO of London Commercial Assets
SGX-listed City Developments Ltd on Friday said it had applied for an initial public offering of a real estate investment trust that will own commercial assets located in the UK.
The official statement confirmed rumours that had been building for… Read More>>
CDL Files for £500M London Office REIT and More Asia Real Estate Headlines
After a series of woeful headlines linked to its mainland China investments,, Singapore’s City Developments Ltd is back in the news today with a report that it has filed to list a set of London office properties on the SGX,… Read More>>
CDL Said Exploring $891M Sale of Seoul Hotel and More Asia Real Estate Headlines
The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.
China Launches Anti-Monopoly Investigation of Beike and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese officials go after apartment listings giant Beike over alleged anti-competitive practices, global investors bid up a half-stake in a Sydney office tower to pre-COVID levels, and CDL’s chairman says the Singaporean government… Read More>>
Hang Seng Bank Rents Central Shop at 45% Discount and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hang Seng Bank prepares to rent an Adidas-vacated space in Hong Kong’s Central at a deep discount, SJM’s Angela Leong consolidates her ownership of a Macau hotel and casino, and apartment developer Greystar… Read More>>
CDL REIT May Include HSBC London HQ and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, HSBC’s London headquarters is a potential cornerstone holding of a planned CDL REIT, co-living operator Hmlet scores a $6 million infusion to help turn around its fortunes, and a Frasers-sponsored Singapore trust obtains… Read More>>
GDS Said Weighing $8-10B Bid for GLP’s Data Centres and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese cloud computing firm GDS considers buying data centre assets from logistics giant GLP, Blackstone rolls snake eyes in its bid for Australian casino operator Crown Resorts, and CDL announces support measures for… Read More>>
Fourth CDL Director Quits After Singapore Developer Declares $1.4B Loss
A fourth director has resigned from the board of City Developments Ltd (CDL) after the troubled Singapore development titan reported a loss attributable to shareholders of S$1.9 billion ($1.4 billion) in 2020.
Jenny Lim Yin Nee ended her role as… Read More>>
CDL JV with Hongkong Land Unit Enters $336M Top Bid for Singapore Residential Plot
A joint venture of City Developments Ltd and Hongkong Land affiliate MCL Land has made the top bid for a residential plot near Singapore’s Little India neighbourhood.
The partnership’s bid of S$445.9 million ($336.2 million) for the 99-year leasehold site… Read More>>
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