Troubled builder China Vanke is reportedly in talks to sell a controlling stake in VX Logistics to Singapore sovereign giant GIC, with that story leading today’s headline roundup. Also making the list, Keppel DC REIT posts a jump in distributions… Read More>>
Chow Tai Fook, FEC Cancel Sales of Aussie Condos and More Asia Real Estate Headlines
Hong Kong’s Chow Tai Fook Enterprises and Far East Consortium cancel hundreds of sales contracts at their Queen’s Wharf Tower in Brisbane, with that story leading today’s headline roundup. Also in the news, UBS halts certain loans to the Cheng… Read More>>
New World Offers $15B in Assets for Refinancing Effort and More Asia Real Estate Headlines
Hong Kong heavyweight New World Development offers properties as collateral to refinance loans, with that report leading today’s headline roundup. Also making the list, Zhenro Properties founder Ou Zongrong is detained over “suspected illegal activities” and Singapore condo rents rise… Read More>>
Mainland Magnate Buys Stake in Faltering Star Casinos and More Asia Real Estate Headlines
A Chinese coal tycoon is revealed to be an investor in troubled Australian casino firm Star Entertainment, with that story leading today’s headline roundup. Also in the news, Singapore’s CDL makes a buyout offer for its listed New Zealand hotel… Read More>>
Vanke CEO Arrested as Shenzhen Officials Take Charge of Developer: Reports
China Vanke president and CEO Zhu Jiusheng was reportedly arrested Wednesday by public security authorities, with the troubled developer’s operations now said to be in the hands of Shenzhen government officials.
Zhu’s detention was the subject of online media accounts… Read More>>
Hong Kong Working Harder to Attract Family Offices and More Asia Real Estate Headlines
Hong Kong adjusts its capital investment entrant scheme in a bid to make the city more attractive to family offices, with that story leading today’s headline roundup. Also making the list, Sunac China warns creditors of a September bond default… Read More>>
Japan’s Samty REIT Buys Apartment Portfolio for $37M and More Asia Real Estate Headlines
Tokyo-listed Samty REIT picks up a set of six apartment blocks from its sponsor and divests two properties, with those trades leading today’s headline roundup. Also making the list, Sunac China files a $1.3 billion claim against Wanda Group and… Read More>>
Gaw Seeks to Refinance Hong Kong’s Cityplaza One and More Asia Real Estate Headlines
Fund manager Gaw Capital Partners tries to refinance the debt used to buy a Hong Kong office tower, with that story leading Mingtiandi’s headline roundup today. Also in the news, Citigroup takes a hit on a block trade in Goodman… Read More>>
UOL, CapitaLand Confirm $601M Singapore Condo Buy and More Asia Real Estate Headlines
A joint venture of UOL and CapitaLand completes its acquisition of a Singapore condo complex, with that collective purchase leading today’s headline roundup. Also making the list, Japan’s Daiwa House REIT agrees to buy a residential property in Chiba and… Read More>>
KKR Japan REIT Buying Hotel Project for $21M and More Asia Real Estate Headlines
The magnetism of Japan’s hospitality industry again leads Mingtiandi’s roundup of Asia real estate headlines today, with a Tokyo-listed REIT managed by KKR picking up a hotel in Kamakura, south of Tokyo for $21 million. Also making the news is… Read More>>
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