In today’s roundup of regional news headlines, China Evergrande’s Xu Jiayin promises results in a New Year message to employees, and the developer’s electric car unit prepares for a round of layoffs and salary cuts.
Evergrande Vows… Read More>>
Dalian Wanda Takes Over Beijing Mall and More Asia Real Estate Headlines
Two Chinese developers lead today’s roundup of regional news headlines, as Dalian Wanda revamps one of Beijing’s biggest malls and a new investor takes over construction at a pair of China Evergrande’s projects in Kunming. The city of Dongguan, meanwhile,… Read More>>
Evergrande Restarts Work on 631 Projects and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-saddled China Evergrande resumes work on hundreds of projects to meet year-end delivery targets, and a Goldman Sachs economist says Japan could scrap its long-standing negative interest rate.
China Evergrande… Read More>>
Blackstone’s Schwarzman Gives REIT Pep Talk and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Blackstone’s CEO offers an explanation for surging redemptions in the firm’s non-listed REIT, and developer China Aoyuan reveals plans to sell a stake in its property services unit.
Blackstone Boss… Read More>>
China Backs Offshore Loans for Builders and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese regulators order key banks to issue offshore loans to help “good quality” developers retire debt, while Evergrande’s chairman vows that the company will meet its home delivery target for 2022 and Country… Read More>>
Link REIT Tipped to Win Singapore Mall Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Asian property giant Link REIT reportedly closes in on the acquisition of a Singapore mall portfolio, and China regulators pull out the stops to help the nation’s ailing developers.
Link… Read More>>
Evergrande Shenzhen HQ Project Sold to State-Backed Group for $1B
A project once destined to become home base for China Evergrande Group in Shenzhen has been sold to a buyout group organised by the local government for RMB 7.54 billion ($1.05 billion) as the mainland builder continues to be stripped… Read More>>
China’s PBOC Cuts Bank Reserve Requirements and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, analysts applaud China’s 25-basis-point RRR cut but say further measures are needed, developer CIFI escapes a short-lived winding-up attempt, and an investment vehicle owned by APG and GIC acquires a Paris hotel.
China Evergrande Asks for Reprieve After Wuhan Govt Seizes 11 Sites
Embattled developer China Evergrande is seeking a review of a decision by Wuhan officials to reclaim from the developer 11 plots of land designated for a tourism-focused residential project.
The 11 undeveloped parcels taken back by the government have a… Read More>>
Fosun Said Shopping $1B Cainiao Stake and More Asia Real Estate Headlines
Warehouse bargains lead Mingtiandi’s list of real estate headlines today as debt-laden Fosun is said to be looking for a buyer for its stake in Alibaba’s logistics unit. Also in the news, the UK’s Actis buys up more renewables in… Read More>>
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