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Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

Receivers Take Over Hong Kong Mansions From Entities Linked to Evergrande Boss

2023/11/22 by Beatrice Laforga Leave a Comment

A creditor has taken over two mansions on Hong Kong’s Peak once valued at a reported HK$1.5 billion ($192 million) in the latest seizure of assets linked to fallen mainland billionaire Xu Jiayin and his China Evergrande Group.

Land Registry… Read More>>

Evergrande Rolls Out New Restructuring Plan and More Asia Real Estate Headlines

2023/11/02 by Ponrath Sopannarath Leave a Comment

China Evergrande leads the region’s real estate news again today with the defaulting mainland developer proposing a new debt restructuring plan providing creditors equity in its electric vehicle and property management units. Also in the headlines, Hong Kong cancels a… Read More>>

WeWork and its creditors are in discussions over who will take over control of the company as it enters restructuring

WeWork Creditors Battle for Post-Restructuring Control and More Asia Real Estate Headlines

2023/10/30 by Ponrath Sopannarath Leave a Comment

Creditors of defaulting shared office provider WeWork are now fighting over control of the company as it enters restructuring, with that story leading Mingtiandi’s headline roundup today. Also making the cut is a “final adjournment” of China Evergrande’s liquidation hearing… Read More>>

Wang Jianlin, Chairperson of the Wanda Group

Wanda Asks Investors to Wait as HK IPO Stumbles and More Asia Real Estate Headlines

2023/10/26 by Ponrath Sopannarath Leave a Comment

China’s one-time richest man leads today’s collection of real estate headlines from around the region as Wang Jianlin’s Dalian Wanda Group asks investors to give it a bit more time to try for a much-delayed Hong Kong IPO. Also making… Read More>>

Evergrande Revises Restructuring Deal for $300B in Debt and More Asia Real Estate Headlines

2023/10/20 by Ponrath Sopannarath Leave a Comment

China Evergrande is back in the news as the teetering giant leads today’s headline roundup with a revised proposal for restructuring $300 billion in debt. Also in the news, the owners of a Singapore office tower head back to market… Read More>>

Ling Ke, the chairman of China’s Gemdale Properties resigned on Tuesday.

Gemdale Chairman Exit Triggers Latest China Crisis and More Asia Real Estate Headlines

2023/10/17 by Ponrath Sopannarath Leave a Comment

The chairman of China’s Gemdale Properties resigned on Tuesday after 25 years leading the company and a resulting meltdown in the company’s stocks and bonds leads today’s collection of real estate headlines from around the region. Country Garden also makes… Read More>>

Li Xiaopeng, the former chairman of China Everbright Group Ltd. (Image: VCG)

Former China Everbright Boss Arrested for Graft and More Asia Real Estate Headlines

2023/10/15 by Ponrath Sopannarath Leave a Comment

The arrest of the former chairman of a Chinese financial giant leads today’s collection of real estate headlines from around the region, as the mainland’s graft crackdown continues. Also in the news, Capitaland’s China REIT prices a set of offshore… Read More>>

Peter Ma Mingzhe, founder and chairman of Ping An Insurance Group (Source: Ping An)

Moody’s Cuts Ping An Property Arm to Junk and More Asia Real Estate Headlines

2023/10/12 by Ponrath Sopannarath Leave a Comment

The continuing decay in China’s real estate sector leads today’s collection of headlines from around the region, with Moody’s downgrading one of the country’s largest developers to junk. Also making the list today, PGIM launches a tech-powered investment platform and… Read More>>

evergrande hengchi

Investor in Evergrande EV Unit Freezes Payments and More Asia Real Estate Headlines

2023/10/09 by Ponrath Sopannarath Leave a Comment

A fresh setback in China Evergrande Group’s quest for solvency leads today’s list of real estate headlines from around Asia as a would-be investor in the company’s car unit freezes payments. Also in the news, Country Garden faces another bond… Read More>>

Vietnam Says Van Thinh Phat Committed $1.2B Fraud and More Asia Real Estate Headlines

2023/10/03 by Ponrath Sopannarath Leave a Comment

The scam that brought down Vietnam’s real estate market leads today’s collection of headlines from around the region, with police in Southeast Asia’s fastest-growing economy giving an update on the Van Thinh Phat saga. Also in the news, Evergrande resumes… Read More>>

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