A project once destined to become home base for China Evergrande Group in Shenzhen has been sold to a buyout group organised by the local government for RMB 7.54 billion ($1.05 billion) as the mainland builder continues to be stripped… Read More>>
Sunac Seeks to Stretch RMB Bond Maturity and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer Sunac reportedly looks to extend the maturity of more onshore bonds, China Vanke secures a line of credit from a state-backed lender, and a good class bungalow site in Singapore goes… Read More>>
Vanke Spin-Off Onewo Tumbles After $740M IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, shares of China Vanke’s property management spin-off Onewo tumble more than 7 percent in their first day of Hong Kong trading, and the Bank of China readies the sale of its former building… Read More>>
Singapore Dethrones Hong Kong as Finance Hub and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore leaps three spots to third place in a ranking of global financial centres, superseding No.4 Hong Kong for tops in Asia. Meanwhile, Hong Kong takes a step towards rectifying its troubles, announcing… Read More>>
Temasek, UBS Funds Back Vanke Services IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Vanke lines up some heavy-hitting cornerstone investors for its property services IPO, GuocoLand hails a successful sales launch at its Lentor Modern project in Singapore, and a city-state residential site retries a… Read More>>
Vanke Property Services Unit Eyes $1.5B IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a property services unit of China Vanke lines up a billion-dollar IPO, Singapore-based GLP buys a California warehouse, and the Hong Kong bourse asks Evergrande to ensure management integrity before stock trading can… Read More>>
Guangzhou R&F Swings To $1B Loss In H1, Asset Sales To Continue
Guangzhou R&F Properties swung to a net loss of RMB 6.9 billion ($1 billion) in the first half of 2022 from the RMB 3.2 billion net profit it booked in the same period a year ago, adding to the challenges… Read More>>
Vanke Approved for Property Management IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Vanke gets the green light from mainland authorities to spin off its property management unit in a Hong Kong IPO, while the pending sale of Pfizer’s South Korean headquarters hits a… Read More>>
CapitaLand to Acquire Vietnam Mixed-Use Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, CapitaLand’s development arm agrees to acquire a mixed-use site in Ho Chi Minh City, China Vanke readies a Hong Kong IPO of its property management division, and reports emerge of Evergrande’s EV unit… Read More>>
Hong Kong Named Priciest City for Expats and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong reclaims its crown as the costliest city in which to live and work overseas, even as an expat exodus drags down luxury residential rents. Mainland developer Vanke, meanwhile, is calling the… Read More>>
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