Fines are in fashion in China as the boss of real estate listings site Anjuke seems to have been inspired by recent government action against Alibaba to call down government fury upon his larger competitor.
Singapore is… Read More>>
Tencent Cloud Launches First Indonesia Data Centre And More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese internet giant Tencent launches its first data centre in Indonesia, the investment arm of Canada’s biggest pension plan announces an Indian office joint venture with developer RMZ, and another Indian developer, Macrotech,… Read More>>
China Boycotts Western Brands Over Xinjiang Sanctions and More Real Estate Headlines
In today’s roundup of regional news headlines, China strikes back at Western apparel brands over their allegations of forced labour in Xinjiang, mainland developers report slimmed-down debt levels in their annual results, and the country’s $1 trillion sovereign wealth fund… Read More>>
Blackstone Favouring Sale of Aussie Logistics Portfolio and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Blackstone reportedly sours on the idea of an IPO for its Australian logistics portfolio, a managed accommodation provider in India nears a deal to raise $120 million in funding, and new-home prices… Read More>>
CDL Strikes Back After Chinese JV Partner Questions Decision-Making
A war of words is brewing after Singapore-based City Developments Ltd clapped back against what it termed incorrect information issued by its joint venture partner, Chinese developer Sincere Property Group.
CDL’s response on Thursday came a day after Sincere released… Read More>>
Developer CFLD Defaults on Another $1.3B in Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, heavily leveraged mainland developer CFLD announces its latest default, China’s Sincere Property throws shade on joint venture partner CDL of Singapore, and 41 parties enter the race for a Hong Kong development project.
Gaw Capital Said Planning US SPAC and More Asia Real Estate Headlines
Special purpose acquisition companies are in vogue among Hong Kong’s best-known financiers, with a report indicating that Goodwin Gaw’s Gaw Capital Advisors is planning a US SPAC just days after the city’s richest man, Li Ka-shing was said to be… Read More>>
CDL Acquires Majority Stake in Shenzhen Tech Park to Prop Up Sincere JV
Singapore-listed City Developments Ltd on Monday said it had agreed to acquire an effective 55 percent stake in a Shenzhen technology park in a bid to shore up the liquidity of CDL’s joint venture with Chinese developer Sincere Property Group.
Korean Investors Face $270M Loss on Vegas Hotel and More Asia Real Estate Headlines
In this edition of our regional news roundup, South Korean investors move a step closer to losing their shirt on a Las Vegas bet, Singapore’s finance minister sounds the alarm on ultra-low interest rates, and Hong Kong-listed Chinese tech firms… Read More>>
China Fortune Land Defaults on $813M Debt and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, a mainland Chinese developer becomes the first victim of strict deleveraging rules, JD Logistics is reportedly targeting a $2 billion IPO this month, and a tycoon’s daughter snaps up control of Hong… Read More>>
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