China Oceanwide Holdings has fallen foul of China Minsheng Bank, which is suing the cash-strapped builder and its former chairman, Lu Zhiqiang, over a RMB 7 billion ($1 billion) loan dispute centred on the developer’s 88-storey office tower in downtown… Read More>>
Dasin Retail Trust Slapped With Default Notice After Payment Fail
Chinese mall landlord Dasin Retail Trust has received a letter from Macau’s Luso Bank declaring a default after the Singapore-listed REIT failed to make an interest payment on a $13.1 million loan facility.
Pursuant to the last interest payment made… Read More>>
China Mall REIT Appoints Financial Advisor After Missing Deadline on $564M in Debt
Chinese mall landlord Dasin Retail Trust has tapped a financial advisor to conduct an independent business review as the SGX-listed real estate investment trust asks lenders for an additional extension on repayment of debt worth as much as $564 million.
Fosun Selling Stakes in Four Industrial Companies to Steel Giant Jianlong for $980M
The new year brings fresh asset disposals by troubled Chinese conglomerate Fosun International, which has agreed to sell its entire interest in four industrial companies controlled by steel magnate Zhang Zhixiang for a total of RMB 6.7 billion ($980 million).
Keppel Teams With BLOGIS to Acquire First Asset for China Logistics Fund
Singapore’s Keppel Capital has partnered with Chinese industrial developer BLOGIS to acquire the maiden asset for Keppel’s China logistics fund.
The warehouse in Dongxihu district of Wuhan is the first of a planned series of joint investments by the fund… Read More>>
CFLD Offloading $1.8B in Mainland Projects to China Resources Land
China Fortune Land Development is selling its interests in three mixed-use projects in the cities of Wuhan and Nanjing to mainland property giant China Resources Land for a total of RMB 12.4 billion ($1.8 billion), as the default-prone developer moves… Read More>>
JD.Com Gets Nod to List $224M Warehouse REIT on Shanghai Exchange
Mainland regulators have given the green light for a real estate investment trust under Chinese e-commerce giant JD.com to list on the Shanghai Stock Exchange, marking the country’s third significant warehouse REIT as demand for logistics space continues to grow.
Singapore-listed EC World REIT Seeks Further Extension on $114M in Debt
After failing to consummate planned divestments of a pair of Hangzhou properties, SGX-listed EC World REIT says it is now in talks with both local and foreign lenders for a further repayment extension on $114 million in debt due on… Read More>>
ESR Completes Wenzhou Ruian Logistics Park in Eastern China’s Zhejiang Province
ESR on Friday announced the completion of a warehouse complex in the eastern Chinese city of Wenzhou to serve industrial manufacturing and logistics storage clients.
Located in the Wenzhou Ruian Economic Development Zone in Zhejiang province, ESR Wenzhou Ruian Logistics… Read More>>
Keppel Land Exits Shanghai Apartment JV with Gemdale in $112M Sale
A unit of Singaporean conglomerate Keppel Corp is selling its stake in a residential development project in Shanghai’s suburban Jiading district for RMB 783 million ($112.3 million), exiting the joint venture it formed two years ago with local developer Gemdale… Read More>>
- « Previous Page
- 1
- …
- 12
- 13
- 14
- 15
- 16
- …
- 38
- Next Page »