Management overhauls at a pair of mainland China real estate companies lead Mingtiandi’s roundup of personnel moves from around Asia this week with both Shanghai’s DaFa Properties and Shenzhen-based property manager E-Star Commercial announcing new chief executives. China Merchants Land… Read More>>
Sunac China Sweetens Offshore Debt Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, developer Sunac China reaches a deal with holders of 30 percent of its offshore debt, and Best Mart 360’s co-founders enter an agreement to sell a large stake in the Hong Kong store… Read More>>
Asia Real Estate People in the News 2022-02-06
Finance giants lead this week’s collection of personnel moves on Mingtiandi as two of Asia Pacific’s largest financial institutions make senior hires. Also making our list are a pair of director changes at Hong Kong-listed firms, a promotion at Gaw… Read More>>
Sino Land, China Merchants Win Site in Hong Kong’s To Kwa Wan With $300M Bid
A consortium of Hong Kong-based Sino Land and mainland builder China Merchants Land has won the tender for a redevelopment site in Kowloon’s To Kwa Wan area with a lower-than-expected bid of just under HK$2.39 billion ($300 million).
The Urban… Read More>>
Hugo Lam’s Best Mart 360 to Sell 49% Stake to State-Owned China Merchants Group
Best Mart 360, the Hong Kong retail chain controlled by local property investor Hugo Lam (Lin Tsz Fung), revealed this week that it had entered into a tentative deal to sell a 49 percent stake in the company to state-owned… Read More>>