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Pony-Ma tb

Evergrande to Sell Further Stake in Tencent JV for $420M as Unpaid Suppliers Swarm

2021/08/02 by Christopher Caillavet Leave a Comment

Debt-saddled developer China Evergrande Group continues to reduce its shareholding in its Hong Kong-listed internet division, HengTen Networks Group, as it announced plans yesterday to offload a HK$3.25 billion ($420 million) stake.

The news comes less than two months after… Read More>>

Safeco Plaza Tower - Seattle

GIC JV With CPPIB, Boston Properties Buys Seattle Tower and More Asia Real Estate Headlines

2021/07/31 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a GIC-backed joint venture buys a Seattle skyscraper, ESR Australia boosts its logistics investments with new capital commitments, and two more companies accuse indebted developer China Evergrande of failing to pay bills… Read More>>

Keppel Selling Chengdu Project to Vanke for $239M and More Asia Real Estate Headlines

2021/07/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Keppel Land exits a residential development project in China, PropertyGuru says it may consider a future Asian listing after it goes public in New York, and electric car maker Tesla leases a… Read More>>

Sorrento Tower San Diego

Prime US REIT Buys San Diego Offices for $146M and More Asia Real Estate Headlines

2021/07/27 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Keppel-managed Prime US REIT acquires an office complex in sunny San Diego, debt-stricken developer China Evergrande scraps a planned special dividend, and CDL Hospitality Trusts broadens its mandate to include student housing and… Read More>>

Jonathan-Gray-Blackstone

Blackstone Aims for Third Asia Real Estate Fund and More Asia Real Estate Headlines

2021/07/25 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, private equity titan Blackstone announces plans for a third Asia real estate fund, China Evergrande’s once-highflying founder sees his net worth crumble, and Singapore sovereign fund GIC posts its highest 20-year return since… Read More>>

hui ka yan

Embattled Evergrande Comes to Terms With Creditor Over Asset Freeze

2021/07/22 by Christopher Caillavet Leave a Comment

The day after several banks were reported to have stopped offering mortgages for unfinished units at China Evergrande’s Hong Kong residential projects, the mainland’s most-indebted developer scored a rare win by resolving a dispute with one of its creditors.

China… Read More>>

hui ka yan evergrande

HK Banks Halt Mortgages for Evergrande Projects and More Asia Real Estate Headlines

2021/07/21 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of real estate headlines from around Asia, Hong Kong’s biggest bank has taken note of China Evergrande’s ongoing financial woes, as HSBC has reportedly stopped providing mortgages for the developer’s housing projects in Asia’s most expensive residential… Read More>>

aitken hill conference centre

HNA Melbourne Prize Seized by Receivers and More Asia Real Estate Headlines

2021/07/20 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, failed Chinese conglomerate HNA’s conference centre in Australia is seized by receivers, a Singapore-listed REIT picks up a Florida office building, and indebted developer Evergrande seeks liquidity from a bottled water IPO.

Read More>>

Evergrande's Chen Fen was alleged of sexual assault

Evergrande Securities Slump as Bank Deposit Frozen and More Asia Real Estate Headlines

2021/07/19 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, China Evergrande’s share and bond prices tumble as a court freezes a bank deposit held by the indebted developer, while a senior executive of the group appears in a Hong Kong court to… Read More>>

GLP J-REIT Raises $253M for Warehouse Buy and More Asia Real Estate Headlines

2021/07/15 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, GLP J-REIT raises $253 million via its accelerated global offering, South Korea’s Hana Alternative Asset Management eyes a 9.83 percent return on a US property loan, and luxury home rents resume their rise… Read More>>

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