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Wu Yajun Longfor

Longfor Aims for $1B Property Management IPO in HK and More Asia Real Estate Headlines

2021/11/24 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Longfor reportedly lines up backers for a $1 billion Hong Kong IPO of its property management arm, an Ikea-anchored mixed-use project is planned for the New Delhi area, and cash-strapped Kaisa… Read More>>

han xiaosheng oceanwide

Creditors Seize Oceanwide’s San Francisco Office Project After $320M Bond Default

2021/10/30 by Christopher Caillavet Leave a Comment

China Oceanwide Holdings suffered another blow to its shrinking real estate empire on Thursday as creditors foreclosed on the cash-strapped developer’s unfinished San Francisco mixed-use project, which had served as collateral for about HK$2.5 billion ($320 million) in notes that… Read More>>

Joseph Lau Chinese Estates (1)

Chinese Estates’ Lau Sells Kaisa Bonds at $174M Loss and More Asia Real Estate Headlines

2021/10/30 by Pimfha Chandhapradit Leave a Comment

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>>

galatyn commons

Mapletree Closes on $552M for US Office Fund and More Asia Real Estate Headlines

2021/09/26 by Michael Cole Leave a Comment

Singapore’s ongoing interest in American real estate assets as Mapletree Investments announces that it has closed on $552 million in equity for its first-ever US office fund.

The ongoing financial pressure on Chinese developers continues to make… Read More>>

ChingChiatKwong oxley holding

Oxley Offloads Sydney Site for $71M and More Asia Real Estate Headlines

2021/09/23 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Singaporean developer Oxley parts ways with some of its Australian land holdings, property services giant CBRE rebrands its investment management arm, and HSBC’s group CEO predicts capital market fallout from China Evergrande’s debt… Read More>>

minsheng tower oceanwide beijing

China Oceanwide Said Weighing $3B Beijing Office Sale and More Asia Real Estate Headlines

2021/09/07 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, developer Oceanwide is said to be looking to sell its main office in Beijing at a price tag of $2 billion, Hong Kong’s government bans Goldin chairman Pan Sutong from pre-selling flats at… Read More>>

Sun Hongbin Sunac

Sunac China Buying Hangzhou Hotel, Office Tower From Oceanwide for $340M

2021/06/28 by Christopher Caillavet Leave a Comment

A pair of mainland developers — cash-strapped China Oceanwide Holdings and distressed-asset enthusiast Sunac China Holdings — have seen their interests converge once again, with Sunac agreeing to buy two of Oceanwide’s Hangzhou properties for RMB 2.2 billion ($340 million),… Read More>>

Raymond Chow of Hongkong Land at Centricity

Hongkong Land Opens Flexible Offices in Central and More Asia Real Estate Headlines

2021/06/16 by Danat Krairiksh Leave a Comment

In today’s roundup of regional news headlines, Hongkong Land does an about-face on co-working space, China Evergrande’s shares slip on fears that the developer might have to dilute its stake in a mainland bank it’s chummy with, and Abu Dhabi’s… Read More>>

Millennium Hilton Seoul

CDL Said Exploring $891M Sale of Seoul Hotel and More Asia Real Estate Headlines

2021/05/26 by Michael Cole Leave a Comment

The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.

… Read More>>

RFR-Vanke Midtown Condominium Project in Manhattan

Vanke Sues US Partner Over Troubled NYC Project and More Asia Real Estate Headlines

2021/04/08 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Vanke strikes back in court against its New York partners over their condo development deal gone sour, South Korea’s Meritz Securities faces its own Manhattan melodrama as the builder of a… Read More>>

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