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Thomson View

UOL, CapitaLand Confirm $601M Singapore Condo Buy and More Asia Real Estate Headlines

2024/11/26 by Michael Cole Leave a Comment

A joint venture of UOL and CapitaLand completes its acquisition of a Singapore condo complex, with that collective purchase leading today’s headline roundup. Also making the list, Japan’s Daiwa House REIT agrees to buy a residential property in Chiba and… Read More>>

Chen Zhuolin court

Agile Announces Rights Issue and 2nd Disappearing Director on Same Day

2014/10/17 by Michael Cole Leave a Comment

Troubled China real estate developer Agile Properties announced on Thursday that a previously planned rights offer is back on the table. The plan to raise HK$1.65 billion ($213 million) seems more challenging than ever, however, as the Hong Kong-listed property… Read More>>

Agile Property Chairman Chen Zhuolin

Agile Owners Offer $200M to Save Struggling Developer

2014/10/15 by Michael Cole Leave a Comment

The owners of real estate developer Agile Property announced this week that they are offering their company $200 million in loans in a bid to refinance the struggling firm after scuttling a planned rights issue.

Guangzhou-based Agile has seen its… Read More>>

Agile Property Chen Zhuolin

Agile Property Boss Falls into Official Custody – Developer Cancels Rights Issue

2014/10/12 by Michael Cole Leave a Comment

Struggling China real estate developer Agile Property took a serious tumble last week when it announced the cancellation of an upcoming rights issue and the detention of Chairman Chen Zhuolin by government authorities.

Mr Chen was said to be confined… Read More>>

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