In today’s roundup of regional news headlines, a Hong Kong court schedules September hearings to determine the fate of China Evergrande’s debt restructuring plan, and Singapore’s GIC gathers funds for a South Korean data centre project. Also making the cut… Read More>>
Evergrande Posts Long-Delayed Results, Revealing Two-Year Loss of $81B
China Evergrande on Monday posted its long-awaited financial results for 2021 and 2022, with the world’s most indebted developer disclosing hefty but narrowing annual losses and paving the way for a potential resumption of trading in its suspended shares.
Evergrande… Read More>>
Ivanhoe, ADIA Marketing Stakes in Logos Sheds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Canadian investor Ivanhoe Cambridge reportedly shops its stake in a Logos-run Australian logistics portfolio, and US giant Equinix opens its latest hyperscale data centre in Tokyo. Also making the list, Evergrande customers have… Read More>>
Cheng Family Boosts NWS Stake in $4.5B Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the billionaire Cheng family of Hong Kong’s NWS seeks to privatise the group in a bid to pump liquidity into New World Development, and Japan’s Mori Trust makes its maiden New York investment… Read More>>
Asia Real Estate People in the News 2023-06-26
Director departures and appointments at Hong Kong-listed companies lead this week’s list of personnel changes from around Asia, with Kerry Properties losing a non-executive board member and top level changes at three property management firms. Also in the news are… Read More>>
GLP Japan Fund Hits $3.2B After New Inflows and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, GLP beefs up its flagship Japan logistics fund with new capital commitments, and China Evergrande’s former CEO reportedly puts his Hong Kong home on the market. Also making the list is a report… Read More>>
Evergrande Admits to $127B in Defaults and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande documents the extent of its massive liabilities in a stock filing, Dalian Wanda’s offshore bonds get a boost as creditors avoid playing hardball, and a report places fugitive financier Jho Low… Read More>>
Evergrande Hit With $111M Penalty Over Failed Deals and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, defaulted developer China Evergrande loses an arbitration case against a jilted investor, and fellow builder Fantasia Holdings’ debt restructuring plan hits a snag. Also in the news, a son of Hong Kong billionaire… Read More>>
Vietnam Crisis Shuts 1,800 Firms in Q1 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Vietnam’s construction ministry says the number of property-related businesses suspending operations soared in the first quarter at the same time that prices for some luxury homes in the country’s capital fall by 40… Read More>>
Poly, Vanke Win Shanghai Development Sites and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, some of China’s biggest developers bag plots in Shanghai’s maiden land sale of the year, and Fitch withdraws its ratings on Blackstone-backed data centre firm VNET. Also making the list is an industrial… Read More>>
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