Asia Pacific real estate investment news and information
China Evergrande Group on Tuesday confirmed earlier accounts that Hainan officials had ordered the debt-saddled developer to demolish several dozen buildings at its Ocean Flower Island resort megaproject in the province.
In a filing with the Hong Kong stock exchange,… Read More>>
The new years has failed to bring good news for China Evergrande, which leads our headline roundup today with a report that a local government in Hainan has ordered the demolition of one of its resort projects in the tropical… Read More>>
The top stories of 2022 continue some top themes of the old year, with China Evergrande telling investors in its wealth management products that they will have to wait for repayment and mainland developers facing near $200 billion credit obligations… Read More>>
In today’s roundup of regional news headlines, a Hong Kong property agency takes legal action against China Evergrande over unpaid commissions, Singapore’s CapitaLand teams up with Japan’s Mitsubishi Estate on a business park west of Shanghai, and New World Development… Read More>>
In today’s roundup of regional news headlines, China’s land market continues its slump despite government moves to boost credit and ease restrictions to entice developers, a South Korean investment firm acquires an office building in Brussels, and debt-saddled China Evergrande… Read More>>
China Evergrande seems to be receiving new levels of government support, but whether that support is being extended to the company’s offshore bondholders is the region’s top story as the defaulting developer faced $255 million in coupon payments today, with… Read More>>
Singapore’s Eagle Hospitality Trust leads the day’s headlines again, as a US court ruling promises to bring closure, if not cash, to investors in the defaulted hotel REIT.
Also in debt news today, China Evergrande is trying… Read More>>
In today’s roundup of regional news headlines, debt-stricken China Evergrande gives up two land parcels to the government in the city of Chengdu, the Pavilia Farm project in Hong Kong is flagged again for its concrete quality, and mainland developer… Read More>>
In today’s roundup of regional news headlines, ratings agency S&P labels China Evergrande a defaulter and withdraws coverage of the group, mainland authorities ramp up support of the property sector by connecting banks with distressed developers, and Hong Kong’s West… Read More>>
In today’s roundup of regional news headlines, Shimao is the latest mainland developer to be hit with downgrades by key ratings agencies, shareholders baulk at Joseph Lau’s privatisation offer for Chinese Estates, and Singapore’s CDL acquires a residential development site… Read More>>
