In today’s roundup of regional news headlines, Sunac China seeks an 18-month extension to redeem an onshore bond, as the developer and five rivals face an indefinite trading suspension on the Hong Kong stock exchange. In Singapore, meanwhile, an ultra-luxury… Read More>>
Keppel Fights Lawsuit Over Jakarta IFC Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Keppel Corp defends against a land ownership claim by an individual in Indonesia, Guangzhou-based developer R&F seeks an extension on construction of a South Korean casino, and China Vanke’s chairman tells employees… Read More>>
China Vanke Sells London Office Building to M&G for $178M
China Vanke has sold its Ryder Court office building in London’s posh West End for £132 million ($178.2 million) to M&G Real Estate, chalking up a modest gain on the disposal after holding the Grade A asset for five and… Read More>>
Asia Real Estate People in the News 2021-11-29
A top level appointment at China Vanke’s offshore division leads this week’s roundup of personnel moves, and the manager of Singapore-listed Sasseur REIT suffers another senior departure. There are also new faces reporting to work at CBRE in Singapore as… Read More>>
Evergrande Says Construction Resumes on 63 Projects and More Asia Real Estate Headlines
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>>
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