China Evergrande is back in the news today as creditors of the bankrupt developer target assets held by the ex-wife of the company’s founder. Hong Kong is also in the news with the city further easing mortgage rules to support… Read More>>
Singapore Charges Billionaire Ong Beng Seng and More Asia Real Estate Headlines
Singaporean tycoon Ong Beng Seng is charged in connection with a bribery scandal, with that story leading today’s headline roundup. Also making news, Blackstone is said to be raising $10 billion for an Asia buyout fund and the former CEO… Read More>>
Top Mainland Cities Ease Homebuying Restrictions and More Asia Real Estate Headlines
China’s biggest cities are easing homebuying rules as mainland banks vow to adjust rates on existing mortgages, with those stories leading today’s headline roundup. Also in the news, shophouse sales heat up in Singapore’s Bugis area and Hong Kong home… Read More>>
Singapore Office Floor Trades at Record Rate and More Asia Real Estate Headlines
A strata office floor in Singapore’s Orchard Road is transacting at a record rate for the Lion City, with that deal leading today’s headline roundup. In other news, Canadian pension fund OMERS ups its stake in an Indian toll road… Read More>>
China’s Kaisa Rolls Out Restructuring Deal and More Asia Real Estate Headlines
Defaulted developer Kaisa Group leads today’s headline roundup as the Shenzhen-based firm hammers out a deal with a group of bondholders. Also making the cut, Hong Kong homebuyers are increasingly forfeiting their deposits and Bank of China is switching auditors.
IGIS Marketing NPS-Owned Seoul Mall for $294M and More Asia Real Estate Headlines
Korean retail leads today’s headline roundup, with IGIS Asset Management seeking a buyer for a shopping mall in the heart of Seoul. Also in the news, Australia’s Aware Super fund buys a Melbourne industrial estate and discounted rent lures clothing… Read More>>
Blackstone Cashes in India REIT Shares for $542M and More Asia Real Estate Headlines
Some profit-taking in India leads today’s collection of real estate headlines from around Asia, as Blackstone more halves its stake in Nexus Select Trust. Also making the list is set of good news for mainland developers as a pair of… Read More>>
Brookfield India REIT Reports Q2 Profit Surge and More Asia Real Estate Headlines
Brookfield leads Mingtiandi’s headline roundup today, with the global investment giant’s India office REIT reversing a year-ago loss. Also in the news, bankrupt developer China Evergrande gets slapped with a mainland liquidation petition and Hong Kong’s Wharf REIC reports a… Read More>>
Evergrande Liquidators Suing PwC, CBRE for Negligence, Misrepresentation
China Evergrande Group’s liquidators have launched legal proceedings against the company’s former auditor PricewaterhouseCoopers (PwC) and valuer CBRE as part of an ongoing effort to recoup losses on behalf of the collapsed mainland developer’s creditors, as the firms face accusations… Read More>>
Liquidators Pursuing Evergrande Boss and Associates for $6B in Ill-Gotten Gains
Reported to be detained since September last year, life is getting worse for China Evergrande Group founder Xu Jiayin and some of his crew, as liquidators of the mainland developer are now seeking to recover $6 billion in dividends and… Read More>>
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