China Evergrande’s recent episode involving a disputed plea for government assistance may have spooked the company’s creditors, as reports circulate this week that some of the developer’s biggest lenders are cutting back on loans and other credit to the chronically… Read More>>
Cromwell, IGIS Complete Italian Warehouse Deal and More Asia Real Estate Headlines
Italian warehouses are in fashion this week as an Aussie fund manager and its Korean partner complete a $60 million purchase of a set of DHL facilities in the European nation.
Also in the headlines, while brokers look for… Read More>>
Cartier Closes Hong Kong Boutique Amid Luxury Slump and More Asia Real Estate Headlines
Hong Kong is back to work after last week’s holiday, but the city’s real estate market doesn’t seem to be able to catch a break with Tsim Sha Tsui losing its Cartier shop as retail woes continue.
In a crisis… Read More>>
Amazon to Lease 3 Floors in Singapore’s Asia Square and More Asia Real Estate Headlines
The importance of tech occupiers to Asia’s office landlords was underlined yet again today when Amazon was reported to be taking over three floors in a trophy office tower in Singapore from Citigroup.
Also in the news, Brookfield is said… Read More>>
Mapletree, MNACT Buy $387M Seoul Tower and More Asia Real Estate Headlines
Some of Singapore’s biggest investors are upping their investments in Korea this week, at the same time that one of mainland China’s largest developer’s has decided to scale back its Australia operation after getting 20 projects started down under, as… Read More>>
Evergrande Gets HKEX Nod for Management Spin Off and More Asia Real Estate Headlines
China Evergrande doesn’t seem to have received the bailout from the Guangdong government that it had been looking for, but the mainland developer got a helping hand from the Hong Kong stock exchange last week when it won permission… Read More>>
Chinese Budget Retailer Miniso Files for $100M US IPO and More Asia Real Estate Headlines
Cute retailers and scary debts lead Asia’s real estate headlines today as Chinese novelty retailer Miniso files for a $100 million IPO on the US stock exchange.
Also in the news, China Evergrande saw its securities punished for a… Read More>>
Evergrande Denies Pleading for Govt Support to Avoid Collapse
Indebted mainland developer China Evergrande Group was forced to deny reports that it was pleading for a bailout yesterday, after a document circulating on Chinese social media indicated that the firm was pleading for government support to avoid financial catastrophe.
Evergrande Buys Project in Shanghai’s Hongkou District for RMB 2.3B
China Evergrande has added to its project pipeline in Shanghai, with the top mainland developer winning a government land auction of a Hongkou district site this past week.
The Shenzhen-based builder outbid state-run giant China Poly Real Estate to win… Read More>>
Evergrande Buys Hong Kong Resi Project From Henderson for HK$4.7B
Top mainland developer China Evergrande is ready to start building 400 villas in Hong Kong after buying a site in the New Territories from Henderson Land, according to a report by the blue chip local builder late last week.
In… Read More>>
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