A new head of finance for Singapore’s Keppel Corporation leads today’s review of personnel moves from around the region, as the Temasek-backed group continues to transform itself. Also making the list is a top-level transition at China’s Gemdale and a… Read More>>
China Jinmao Chairman Resigns After One Month on the Job
The recently appointed chairman of China Jinmao Holdings has walked out the door after just 33 days in the role, to be succeeded by another longtime hand from the developer’s parent group, state-owned Sinochem Corporation.
Li Congrui resigned as chairman… Read More>>
Asia Real Estate People in the News 2023-05-22
A promotion at a leading Hong Kong real estate fund manager leads this week’s roundup of people moves from around Asia, with Singapore’s Daiwa House REIT also making the list alongside new appointments at China Jinmao Holdings and Malaysia’s Tower… Read More>>
Asia Real Estate People in the News 2022-09-27
Savills Investment Management is continuing to expand its footprint in Asia Pacific, with the UK fund manager leading this week’s collection of personnel moves by naming a new head of its debt division for the region. Also making leadership changes… Read More>>
GoHigh Teams with Jinmao, Beijing Capital to Buy Former Kuaishou HQ for $410M
China’s fast-growing digital economy continues to show its impact on the real estate market, as a local fund manager this week announced a deal to acquire an office building in Beijing’s Zhongguancun area that until recently was home to one… Read More>>
CapitaLand Predicts Dip in 2020 1H Profit and More Asia Real Estate Headlines
The uneven impact of the coronavirus-fueled economic woes is evident in today’s real estate headlines as developers large and small report challenges, while market statistics from the mainland report all things normal.
CapitaLand warned on Monday of a dip in… Read More>>
Developer China Jinmao Selling 25% Stake to Ping An, New China Life for HK$8.67B
Hong Kong-listed developer China Jinmao announced to the stock exchange on 27 July that it has agreed to sell a combined stake of nearly 25 percent of the company to Ping An Life and New China Life Insurance for a… Read More>>
China Jinmao Selling Xiamen Homes for Less Than Land Cost as Market Skids
Demand for homes is slipping in mainland China and state-owned China Jinmao Holdings seems to be finding out how low prices can go as the developer has begun selling homes at a project in Xiamen for less than the price… Read More>>
China Railway Construction Stars as Beijing Sells Trio of Sites for RMB 7.9B
Restrictions on China’s real estate market have not completely snuffed out developer demand for new sites, as Beijing last week successfully sold a trio of suburban land plots, fattening the city’s coffers by a total of RMB 7.95 billion ($114.72… Read More>>
Dr M Takes Aim at Belt and Road Projects in Malaysia and More Asia Real Estate Headlines
Leading today’s roundup, after being elected on an anti-corruption mandate, Malaysian prime minister Mahathir Mohammed says his government will renegotiate billions of dollars of Chinese infrastructure projects in the Southeast Asia nation. Also in the news, Amazon’s cloud computing arm… Read More>>