In today’s roundup of regional news headlines, a unit of debt-stricken Evergrande says work has resumed on dozens of projects in southern China, rival builder Vanke advises employees to cut their personal spending, and Country Garden Services’ Hong Kong-listed stock… Read More>>
New World Buys Causeway Bay Assets for $164.5M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s New World Development acquires a further stake in three run-down Causeway Bay buildings, flexible office provider IWG contemplates a spin-off of its digital assets, and a CapitaLand-CDL venture is set to… Read More>>
Asia Real Estate People in the News 2021-10-11
Senior fund managers lead Mingtiandi’s collection of real estate personnel changes this week with a top-level change at Macquarie Group in Hong Kong, a US logistics specialist naming a leader for its Asia Pacific expansion and Invesco promoting a veteran… Read More>>
PAG Leads Nearly $6B Pre-IPO Round for Wanda and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity firm PAG reportedly leads a $6 billion funding round for Dalian Wanda Group, a former Hong Kong chief executive picks up a luxury home in Mid-Levels, and Baoneng is the latest… Read More>>
China Vanke Net Profit Dips 11.7% in 2021 1H as Margins Decline, Development Slows
China Vanke’s net profit for the first half of 2021 fell 11.7 percent year-on-year to RMB 11 billion ($1.7 billion in current terms), compared with 6 percent growth in the year-earlier period, as margins on booked development projects declined and… Read More>>
ARA Said Marketing Seoul Office Block for $859M and More Asia Real Estate Headlines
A potential Korean mega-deal leads today’s roundup of real estate headlines, as Singapore’s ARA Asset Management is reported to be readying the sale of an office building in a Greater Seoul tech cluster.
China Evergrande also makes… Read More>>
Asia Real Estate People in the News 2021-06-28
As Asia’s real estate community prepares to enter the second half of the year, signs of a market recovery are showing up in the rosters of some of the world’s largest property players, including new hires and promotions at GLP,… Read More>>
Alibaba to Launch First Philippine Data Center and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Alibaba Cloud announces plans to build its first data centre in the Philippines, China Evergrande’s shares take investors on a wild ride, and Hong Kong transit operator MTR tries to ease conflict-of-interest concerns… Read More>>
CK Asset Said Floating $1.4B Sale of UBS London HQ and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Li Ka-shing’s CK Asset is said to be entertaining offers for UBS’s London headquarters building, Singapore plans a public tender for a development site near Marina Bay, and China Evergrande chairman Hui Ka… Read More>>
Digital Realty Weighs $300M Singapore Trust IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US-based Digital Realty reportedly considers a trust IPO in Singapore, casino giant Las Vegas Sands is hit with a $12 billion lawsuit in Macau, and ESG-linked borrowing soars to a record high in… Read More>>
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