China’s Vice Premier Liu He underscored the country’s recent backflip on property policy at the World Economic Forum on Tuesday, signalling that authorities will continue to bolster the real estate industry as indebted developers struggle to shore up their finances.
A pair of mainland investors who were fortunate enough to sell their Shenzhen mall to Link REIT three years ago for nearly $1 billion have just picked up their fourth shopping mall in the Vancouver area, with that story leading… Read More>>
In today’s roundup of regional news headlines, fresh details emerge about how Shanghai-based developer Greenland dodged default with government help, the slump in China home prices accelerates despite easing measures, and investors clear the way for PropertyGuru’s SPAC-led debut on… Read More>>
In today’s roundup of regional news headlines, the family of billionaire Joseph Lau cuts its losses with the liquidation of its position in bonds issued by developer Kaisa Group, which is reportedly seeking buyers for Kaisa Prosperity Holdings, the group’s… Read More>>
In today’s roundup of regional news headlines, China Evergrande reaches an agreement with onshore bondholders to avoid default, while the beleaguered developer’s electric car unit tries to boost morale by dishing out stock options to staff.
In non-Evergrande news,… Read More>>
The owner of the Holiday Inn brand leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the London-listed hotel group is pinning its hopes on China’s recovery as the hospitality industry faces the… Read More>>
Hong Kong’s richest family leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that the billionaire clan, which controls Sun Hung Kai Properties, has bought a 25 percent stake in the office portion of… Read More>>
China Vanke, the country’s second largest developer by contracted sales, has posted a 30 percent surge in net profit attributable to shareholders for the first half of the year, according to a stock exchange announcement.
Despite cooling measures implemented by… Read More>>
Hammered by typhoons, Hong Kong’s biggest storm might be in the property market as Mingtiandi’s roundup of real estate headlines opens today with news of a 48 percent drop in the city’s home sales this week, as investors abandon purchases,… Read More>>
A retail investment in far southern Australia leads Mingtiandi’s roundup of Asia real estate news today as the kingpin of Singapore’s newspaper world continues to find bricks and mortar more compelling than paper and ink as it closes in on… Read More>>