Asia real estate and outbound investment news
China home sales and prices continue to plummet despite a raft of recent government measures to prop up the ailing property market, with the mainland’s pessimistic economic outlook and developers’ increased backlog of unfinished projects weighing on buyer appetite.
China’s… Read More>>
China’s one-time richest man leads Asia’s real estate headlines today with a report that pre-IPO investors in Wang Jianlin’s Zhuhai Wanda Commercial Management have rejected a debt repayment proposal. Also in the news, China’s home sales slide gathered pace in… Read More>>
Fitch Ratings has revised down its 2022 forecast for China home sales to a decline of 25-30 percent as COVID-19 lockdowns, developer defaults and crumbling consumer confidence continue to suppress buyer demand.
Sales in the world’s biggest housing market were… Read More>>
In today’s roundup of regional news headlines, China’s Zhenro Properties is set for another offshore bond default, the property arm of Hong Kong’s Nan Hai suspends all staff for six months amid financial woes, and a pair of Singapore condo… Read More>>
Local governments in China have been racing to lower home purchase restrictions in an effort to revive flagging housing sales in recent weeks, but those efforts are still falling short according to the latest government data.
Also in the news… Read More>>
Distress leads the news today with reports from Korea and mainland China showing signs of tough financial times for real estate firms, including Singapore’s CDL selling a Seoul luxury hotel after suffering a disastrous 2020.
Also, a fresh set of… Read More>>
A Singapore-listed developer leads Mingtiandi’s roundup of Asia real estate headlines today with news that the firm controlled by Malaysian billionaire Quek Leng Chan’s Hong Leong Company has secured the largest ever green loan for a real estate development in… Read More>>
An April rebound leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that real estate investment has picked up in mainland China as the country emerges from lockdown.
In other news around the region,… Read More>>
An accounting scandal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland private equity firm that is a major backer of the coffee chain accused of faking its sales has put… Read More>>
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US investment bank is seizing shares in a scandal-hit coffee chain after the company’s chairman defaulted on a $518 million loan.
In… Read More>>
