Asia real estate and outbound investment news
Evergrande Life chairman Zhu Jialin has resigned after a little more than a year in his position with the insurance division of China’s third largest developer by sales, China Evergrande Group, according to a local media report.
Zhu is said… Read More>>
The woes of a financially troubled conglomerate lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hainan-based group is shedding cash at a much faster rate than it is relieving its debt… Read More>>
A Shenzhen-listed developer of industrial estates leads the way in Mingtiandi’s roundup of real estate headlines today as it files paperwork to float a real estate investment trust in Hong Kong, with sources expecting up to $800 million to be… Read More>>
Just over two weeks after China Evergrande Group warned shareholders of falling profits for the period up to the end of June, the country’s third-largest developer by sales has posted its first drop in returns since 2016.
The Shenzhen-based real… Read More>>
China’s third-largest developer by sales, China Evergrande Group, has warned shareholders of falling profits for the first half of the year, according to an alert filed with the Hong Kong stock exchange last Friday.
The Shenzhen-based real estate giant told… Read More>>
Country Garden has retained its crown as China’s top developer, measured by contracted sales, despite being one of only two of the nation’s top ten builders to see their performance drop during the first half of the year.
The Guangdong-based… Read More>>
A dumped $1.7 billion land auction leads the way in Mingtiandi’s roundup of real estate headlines today with the Hong Kong government having postponed the sale of a residential site in Kowloon amid street protests against the now delayed… Read More>>
In this week’s edition of People in the News, a major Singapore developer and investor names a new group chief executive officer, while a senior vice president is appointed at the sovereign wealth fund. Elsewhere, there are movers and shakers… Read More>>
China Evergrande Group has acquired American in-wheel electric motor company Protean for an undisclosed sum, as China’s second largest property developer by sales ramps up efforts to become a leader in the alternative energy vehicle industry.
The Guangdong-based developer made… Read More>>
In this week’s edition of People in the News, there is a change at the top for a mainland developer as well as some fresh moves in the co-working sphere in Shanghai, while Colliers brings in new blood to boost… Read More>>
