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>>
Evergrande Signs Deal to Avoid Bond Default and More Asia Real Estate Headlines
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>>
IHG Pins Hopes on China as Revenue Plunges 80% and More Asia Real Estate Headlines
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>>
Kwok Family Buy 25% of SHK West Kowloon Project for HK$9.4B and More Asia Real Estate Headlines
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 H1 Net Profit Surges 30% to RMB 11.8B
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>>
HK Home Sales Fall 48% as Buyers Forfeit Deposits and More Asia Real Estate Headlines
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>>
SPH Closes in on A$700M Aussie Retail Acquisition and More Asia Real Estate Headlines
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>>
Wanda Sports Shares Fall 36% on Debut and More Asia Real Estate Headlines
A disappointing Nasdaq IPO leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland developer’s sports and media arm saw its shares drop by more than a third after scaling back the… Read More>>
Cromwell E-REIT Closes €80M French Office Buy and More Asia Real Estate Headlines
The country of love leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Singapore-listed real estate investment trust has finalised the acquisition of three offices in France for €80 million, part of… Read More>>
China Bans Condo Flipping in Second Tier Cities
China wants its citizens to know that housing is for living, not for flipping. In the country’s latest regulatory move to dampen speculation in the residential market and rein in buoyant prices, eight second-tier cities including Chongqing have rolled out… Read More>>
