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>>
Sunac China Buying Hangzhou Hotel, Office Tower From Oceanwide for $340M
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>>
Hongkong Land Opens Flexible Offices in Central and More Asia Real Estate Headlines
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>>
CDL Said Exploring $891M Sale of Seoul Hotel and More Asia Real Estate Headlines
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.
Vanke Sues US Partner Over Troubled NYC Project and More Asia Real Estate Headlines
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>>
China Evergrande Mainland Listing Plan Fizzles and More Asia Real Estate Headlines
Four years after undertaking a $19.7 billion plan to achieve a back-door listing on a mainland exchange, China Evergrande’s announcement of that scheme’s failure leads Mingtiandi’s collection of real estate news from around the region.
Also in the news, Canada’s… Read More>>
CDL Appoints Deloitte to Evaluate Sincere Property Deal and More Asia Real Estate Headlines
In today’s instalment of Mingtiandi’s regional roundup, Singapore’ CDL has appointed Deloitte as an external financial advisor to evaluate its investment in a mainland property developer after a veteran board member and cousin of founder Kwek Leng Beng resigned over… Read More>>
KKR, TPG Lead S$300M Round for SG’s PropertyGuru and More Asia Real Estate Headlines
Technology seems to finally be enjoying its day in the real estate industry’s centre ring this week as news of a fresh funding round for an online property platform adds to near-daily coverage of data centre initiatives.
Seazen Holdings Scandal Spawns Insider Trading and More Asia Real Estate Headlines
The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one of the fallen bosses buddies was penalised for insider trading after learning that his friend was headed for… Read More>>
Asia Real Estate People in the News 2020-08-10
In this week’s collection of leadership changes at Asia’s real estate developers, investors and other property professionals, a cash-strapped mainland builder has let go its CEO as it struggles to sell off stalled US projects.
Also in… Read More>>
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