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Asia Real Estate People in the News 2020-03-23

2020/03/23 by James Hatton Leave a Comment

In this week’s edition of People in the News, the former chairman of Evergrande Life has been appointed as a company director, only six months after his resignation.

In other moves around the region, investment management firm PIMCO has brought… Read More>>

Octa Tower

WeWork Shelves Plans for New HK Locations and More Asia Real Estate Headlines

2020/03/19 by James Hatton Leave a Comment

A US co-working giant leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Softbank’s biggest bet has shelved plans to open at least three new locations in Hong Kong.

In other news around… Read More>>

Xu Jiayin Evergrande

Evergrande Holds on to Crown as China’s Top Developer Despite 2019 Slowdown

2020/03/18 by James Hatton Leave a Comment

China Evergrande has retained its crown as China’s largest developer during 2019, as measured by contracted sales attributed to shareholders, as the country’s residential sector endures a period of slower growth.

The Shenzhen-based company chaired by mainland billionaire Xu Jiayin… Read More>>

Embassy-Industrial-Park3

Warburg Pincus India Logistics JV Plans $300M Expansion and More Asia Real Estate Headlines

2019/10/09 by Michael Cole Leave a Comment

Stories from the world of warehouses lead Mingtiandi’s list of real estate headlines today as an industrial developer backed by India’s Embassy Group and New York-based Warburg Pincus announces plans to build more sheds in India.

At the same time,… Read More>>

400 Capitol - Exterior

Singapore-Listed US REIT Adds $143M for Acquisitions and More Asia Real Estate Headlines

2019/09/20 by Michael Cole Leave a Comment

Singapore’s asset hungry investors lead today’s digest of real estate news from around the region, as a REIT set up to invest in US real estate assets completes $143 million in equity fund raising to fuel its acquisitions.

The collapse… Read More>>

GIC Closes in On Oxford Fairmont Hotels Deal and More Asia Real Estate Headlines

2019/09/05 by James Hatton Leave a Comment

A Canadian hotels portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s sovereign wealth fund is in advanced talks to acquire a stake in the $1.5 billion set of North American… Read More>>

Chen Feng HNA

HNA Losses Pile Up As Asset Sale Drags On and More Asia Real Estate Headlines

2019/09/04 by James Hatton Leave a Comment

The woes of a financially troubled conglomerate lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hainan-based group is shedding cash at a much faster rate than it is relieving its debt… Read More>>

yu liang vanke

China Vanke Buys Site in Hong Kong’s North Point for HK$580M

2019/08/25 by Iris Poon Leave a Comment

Mainland developer China Vanke on Thursday acquired a HK$580 million ($74 million) site in Hong Kong’s North Point neighborhood that is earmarked for a commercial or mixed-use development.

The company’s Vanke Property (Hong Kong) arm picked up the 4,300-square-foot (3,995-square-metre)… Read More>>

yu liang china vanke-tb

China Vanke H1 Net Profit Surges 30% to RMB 11.8B

2019/08/22 by James Hatton Leave a Comment

China Vanke, the country’s second largest developer by contracted sales, has posted a 30 percent surge in net profit attributable to shareholders for the first half of the year, according to a stock exchange announcement.

Despite cooling measures implemented by… Read More>>

Warburg Pincus-Backed Trax Closes $100M Round and More Asia Real Estate Headlines 

2019/07/24 by James Hatton Leave a Comment

Retail proptech leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a Singapore-headquartered provider of image recognition technology that tracks products on shelves has raised $100 million in a HOPU-led funding round.

In other… Read More>>

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