In today’s roundup of regional news headlines, South Korean investment firm Mirae buys a warehouse in Texas, Singapore’s Wee Hur plans to sell a stake in its student accommodation fund, and the offer price for a Melbourne office complex up… Read More>>
Equinix Completes $86M Upgrade of SG Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Equinix completes an expansion of its fifth data centre in Singapore, Abu Dhabi’s sovereign wealth fund takes a stake in an Indian private equity firm, and Hong Kong developers cut prices to boost… Read More>>
R&F Pulls Plug on 10,000-Home Brisbane Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s R&F Properties scraps a high-profile residential project in Brisbane, Hong Kong developers throw their weight behind Beijing’s preferred candidate for chief executive, and home prices in Asia’s most expensive cities ease after… Read More>>
Singapore’s International Plaza on the Market for $2B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s International Plaza is relaunched for collective sale at $2 billion, crypto exchange BitMEX says it’s laying off a quarter of its global workforce, and China Evergrande reportedly reaches an agreement with an… Read More>>
CapitaLand Wins Wuhan, Chengdu Sites for $550M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, CapitaLand enters the winning bids for residential development sites in Wuhan and Chengdu, Indian logistics developer IndoSpace is reportedly mulling a Singapore IPO, and state-owned China Poly plans to sell several projects in… Read More>>
Evergrande Selling Stake in Hangzhou Project for $575M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-saddled China Evergrande unloads a Hangzhou mixed-use project for $575 million in cash, data centre developer Yondr plans a 200-megawatt facility in Malaysia’s Johor, and Goldman Sachs analysts forecast a 20 percent drop… Read More>>
Evergrande Bondholders Move Toward Lawsuit and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a group of bondholders reportedly mulls legal action against Evergrande after the surprise disclosure of seized cash at the developer’s services unit, while rival Sunac China is said to be in talks to… Read More>>
Guangzhou SOE to Guarantee Evergrande Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande now has state-owned Guangzhou City Construction Investment coming in to help restructure its RMB 3.25 billion ($510 million) in debts, Kaisa Group Holdings joins a wave of developers unable to publish… Read More>>
Evergrande Says Banks Have ‘Enforced’ $2.1B of Property Service Unit’s Assets
Indebted developer China Evergrande said Monday that RMB 13.4 billion ($2.1 billion) in assets had suddenly disappeared from the balance sheet of its property services unit, with the company joining a parade of Hong Kong-listed mainland property firms delaying the… Read More>>
Chinese Estates Reports $447M Loss for 2021 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Joseph Lau’s Chinese Estates suffers a full-year loss tied to its Evergrande investments, a Singapore condo complex goes back on the market following Hong Kong developer Shun Tak’s exit from the deal, and… Read More>>
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