Asia real estate and outbound investment news
Country Garden Holdings was China’s top developer in 2018, as measured by sales contracts, maintaining its hold on the top spot for the second consecutive year in a year marked by consolidation among mainland developers.
The Guangdong-based builder chaired by… Read More>>
Chinese Estates Holding director Kimbee Chan Hoi-wan and members of her husband Joseph Lau’s family purchased a third of $3 billion in senior unsecured bonds issued by China Evergrande Group late last month, swelling the clan’s portfolio of the top-three mainland… Read More>>
Southeast Asia’s biggest ride-hailing app has found a new home in Singapore as Grab announces plans for a new $134.5 million headquarters to be built by Ascendas REIT. Also in the news, China’s Evergrande continues to buy up auto assets… Read More>>
China’s real estate market is slowing and the country’s biggest developers have reacted by borrowing more cash from overseas markets as government controls continue to restrict home sales. Also in the news today, JP Morgan joins the analyst choir predicting… Read More>>
Mainland development giant Evergrande is back in the news today with yet another investment in the electric car industry after coming up short in its attempt to take over Faraday Future. Also in the news, Anbang Insurance is moving forward… Read More>>
China Evergrande Group, the mainland’s most indebted developer, announced on Tuesday that it will conduct a further international offering of $3 billion in senior notes in what has been Asia’s biggest offshore high-yield bond sale so far this year.
The… Read More>>
Evergrande Group chairman Xu Jiayin seems determined to break into the world of electric cars, as the mainland property magnate this week agreed to pay nearly $1 billion to take over the Swedish electric car firm which controls the assets… Read More>>
Typhoons are out of season, but its stories about dark clouds that lead today’s real estate headlines from around Asia, as one of Hong Kong’s biggest landlords now says he is demanding deposits of up to six months for some… Read More>>
Mainland China’s top real estate developers have seen a bountiful year despite a downtrend in the past three months, with 26 developers reporting contracted sales exceeding RMB 100 billion ($15.5 billion) through the first 11 months of the year.
According… Read More>>
China’s drive to reduce leverage has been in the headlines since last year, but not everyone seems to have heard the news, as developer China Evergrande Group just was approved to add more than $350 million in new debt in… Read More>>
