Asia Pacific real estate investment news and information
China Evergrande Real Estate appears to have grabbed an opportunity to enter the lucrative mainland share market through a backdoor listing on the Shenzhen stock exchange, following a series of announcements to the Hong Kong stock exchange this week.
The… Read More>>
With debt obligations sitting at RMB 381.3 billion ($57 billion) as of the end of June, Evergrande Group has dumped its money-losing agribusiness, dairy and spring water divisions as Xu Jiayin’s dreams of branching out from real estate into consumer… Read More>>
Home purchase restrictions are back in fashion in China as cities try to put the brakes on the property roller coaster. Also in the news, Singapore’s CapitaLand Group has begun managing other people’s malls in China, and Xu Jiayin’s Evergrande… Read More>>
Evergrande Real Estate’s core net profits fell by 23 percent in the first half of 2016 as an increase in revenue was unable to offset a range of higher costs. Total borrowings for China’s most highly levered developer jumped to… Read More>>
Aggressive bets by China Evergrande helped the top five developer watch its profits slow by nearly a quarter during the first half of this year, while the Wall Street Journal discovers that Chinese developers have discovered America. Meanwhile, Chinese banks… Read More>>
Wang Jianlin will finally get his wish come September this year, after rounding up support to de-list Wanda Commercial Properties from the Hong Kong exchange, in favor of a mainland listing. Meanwhile, GLP teams up with a state-run manufacturer to… Read More>>
China’s latest round of market data has been released, showing average home prices grew in fewer cities in July after housing sales restrictions were adopted in more cities. Also in the news, Evergrande continues its pursuit of a larger stake… Read More>>
Luxury sales in Hong Kong are still sliding, but Wharf Holdings, one of the city’s biggest retail landlords sees light at the end of the tunnel. Slightly further north, the rulers of Beijing are counting on moving 15 percent of… Read More>>
The king of the Hong Kong casinos is branching out in Singapore malls as Shun Tak real estate buys a plot on Orchard Road, plus China City Construction, which was recently seen as a default risk has paid off an… Read More>>
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Blackrock Turns Positive on China Property Stocks
As China transitions from an old investment-fuelled economy to one that is services-oriented, BlackRock… Read More>>
