In today’s roundup of regional news headlines, Keppel-managed Prime US REIT acquires an office complex in sunny San Diego, debt-stricken developer China Evergrande scraps a planned special dividend, and CDL Hospitality Trusts broadens its mandate to include student housing and… Read More>>
Blackstone Aims for Third Asia Real Estate Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity titan Blackstone announces plans for a third Asia real estate fund, China Evergrande’s once-highflying founder sees his net worth crumble, and Singapore sovereign fund GIC posts its highest 20-year return since… Read More>>
Embattled Evergrande Comes to Terms With Creditor Over Asset Freeze
The day after several banks were reported to have stopped offering mortgages for unfinished units at China Evergrande’s Hong Kong residential projects, the mainland’s most-indebted developer scored a rare win by resolving a dispute with one of its creditors.
China… Read More>>
HK Banks Halt Mortgages for Evergrande Projects and More Asia Real Estate Headlines
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>>
HNA Melbourne Prize Seized by Receivers and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, failed Chinese conglomerate HNA’s conference centre in Australia is seized by receivers, a Singapore-listed REIT picks up a Florida office building, and indebted developer Evergrande seeks liquidity from a bottled water IPO.
Evergrande Securities Slump as Bank Deposit Frozen and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s share and bond prices tumble as a court freezes a bank deposit held by the indebted developer, while a senior executive of the group appears in a Hong Kong court to… Read More>>
GLP J-REIT Raises $253M for Warehouse Buy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, GLP J-REIT raises $253 million via its accelerated global offering, South Korea’s Hana Alternative Asset Management eyes a 9.83 percent return on a US property loan, and luxury home rents resume their rise… Read More>>
Asia Real Estate People in the News 2021-07-12
A top level move at a division of mainland real estate giant Evergrande Group leads our collection of personnel news this week, as the company’s property management division brings in a long-term executive to provide new leadership in the midst… Read More>>
SHK Warehouse to Become HK Hyperscale Data Center and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong developer Sun Hung Kai agrees to convert one of its warehouses into a data centre, the family of Grab’s CEO picks up a bungalow site for redevelopment, and the chairman of… Read More>>
Keppel Selling Frankfurt Data Centre for $90M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Keppel Corp agrees to sell a German data centre facility, China slaps a ban on construction of supertall buildings, and a law firm representing the co-founders of Eagle Hospitality Trust’s sponsor seeks… Read More>>
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