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>>
China Home Sales Slump Continued in July and More Asia Real Estate Headlines
China’s residential slump deepened in July, with that story leading Mingtiandi’s headline roundup today. Also making the list, a Hong Kong mansion sells for 60 percent of the asking price and China’s Gemdale unloads a Seattle apartment tower for $174… Read More>>
Asia Real Estate People in the News 2024-07-29
Central banking leads this week’s collection of personnel moves from around Asia, with Hong Kong renewing the head of its monetary authority for a fresh term. Also making the list is fresh China leadership for Singapore’s Mapletree and a new… Read More>>
NWD Sells Hong Kong Homes at Eight-Year Low Price and More Asia Real Estate Headlines
New World Development and Far East Consortium are marketing a residential project at the lowest prices in eight years, with that story leading Mingtiandi’s headline roundup today. Also making the list, Malaysia’s Johor has attracted more than 50 data centres… Read More>>
Hong Kong’s Wang On Declares $95M Loss and More Asia Real Estate Headlines
Hong Kong developer Wang On Properties has swung to a $95 million loss, thanks in part to write-downs on its project pipeline, with that story leading today’s headline roundup. Also in the news, mainland developer Sino-Ocean says it will miss… Read More>>
China May Home Prices Fell at Fastest Pace in a Decade and More Asia Real Estate Headlines
China’s home price slide accelerated in May, despite government efforts to support the sector, with that story leading Mingtiandi’s headline roundup today. Also making the news is developer China Vanke, which saw its shares drop after taking out a $565… Read More>>
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