In today’s review of real estate news from around the region, Hong Kong hotel operator Asia Standard faces difficulty refinancing a loan tied to Evergrande losses, Microsoft’s largest data centre in India prepares to open by mid-2026, and… Read More>>
Evergrande Liquidators Seek $8.4B From PwC and More APAC Real Estate Headlines
Evergrande’s liquidators arrive in a Hong Kong court with a record-breaking claim against PwC in today’s regional roundup, while New World Development pursues urgent rent relief at its stalled airport mall and Jane Street moves into a new Singapore office.
Hong Kong Regulator Slaps PwC With $38M Fine Over Evergrande Audits
Hong Kong’s accounting watchdog has fined PricewaterhouseCoopers HK$300 million ($38.3 million) over its audits of China Evergrande, marking one of the toughest penalties imposed on a Big Four firm in the city as regulators tighten oversight after the mainland builder’s… Read More>>
Dash, Greystar Tie Up for Two Tokyo Apartment Projects and More APAC Real Estate Headlines
Tokyo lifestyles lead Mingtiandi’s news roundup from around Asia Pacific today as residential manager Dash Living expands its cooperation with Greystar in the Japanese capital. Also making the headlines today are big plans for India data centres and business parks,… Read More>>
Fallen China Evergrande Boss Pleads Guilty to Fraud in Shenzhen Court
Mainland China has reached a new milestone in its multi-year housing slump, with the former head of the developer which signalled the start of the crisis in 2021 now having pleaded guilty to fraud.
Xu Jiayin, who also uses his… Read More>>
Former Vanke Chairman Yu Liang Disappears and More APAC Real Estate Headlines
The hazards of business failure in China are in the spotlight today on news reports that former Vanke boss Yu Liang has disappeared after his retirement earlier this month. Also in the news, China Evergrande liquidators are expected to field… Read More>>
Mainland Court Seizes Evergrande Auto Assets and More Asia Real Estate Headlines
An asset seizure in Guangzhou leads today’s real estate news from around Asia, with shareholders in China Evergrande Group finding out that some of the company’s automotive assets have changed hands without their knowledge. Also in the headlines, an Aussie… Read More>>
Hong Kong Struggles With Deadly High-Rise Fire and More Asia Real Estate Headlines
Hong Kong’s deadliest fire in decades is raising questions on construction standards after dozens died in a complex under renovation. Also making the news today, Singapore lines up more land sales and Mirae is said to have asked Korean authorities… Read More>>
KKR to Open Office in Abu Dhabi and More Asia Real Estate Headlines
The return to relevance of Persian Gulf markets leads today’s look at real estate headlines from around the region, as US private equity giant KKR opens a new office in Abu Dhabi. Also making the list are the launch of… Read More>>
Lendlease Calls Link Offer for Retail Assets Opportunistic and More Asia Real Estate Headlines
Australian opportunities dominate Mingtiandi’s headline roundup today as Lendlease is forced to sell off a retail portfolio with Hong Kong’s Link REIT ready to pounce on marked-down properties. Also in process Down Under are talks for Goodman to buy a… Read More>>
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