Asia real estate and outbound investment news
Moody’s Investors Service has withdrawn its issuer rating for China Vanke, assigned a speculative-grade rating to the state-backed builder’s corporate family and downgraded Vanke bonds further into junk territory.
The rating actions reflect the view that Vanke’s credit metrics, financial… Read More>>
Rapid urbanisation and a burgeoning middle class are reshaping China’s housing preferences, while supportive government policies and an expanded C-REIT program are creating opportunities in the multi-family sector for institutional investors.
Tune in to the first panel of Mingtiandi’s 2024… Read More>>
Jiayuan International, one of the first mainland developers to commence liquidation amid China’s ongoing property crisis, has seen one of its projects taken over by a mainland company potentially linked to domestic creditors or the local government, in a move… Read More>>
Singapore’s CapitaLand Investment (CLI) has sold its majority shareholding in a RMB 2.4 billion ($340 million) Beijing office building to AIA Life Insurance as the life insurer continues to snatch up properties amid mainland China’s real estate downturn.
CLI divested… Read More>>
LaSalle Investment Management is set to launch a pair of long-term rental apartment projects in Shanghai under its newly established COZI brand, as the fund manager ramps up its rental housing portfolio in mainland China.
The property investment subsidiary of… Read More>>
China Aoyuan has received court approval in Hong Kong for the Guangzhou-based developer’s offshore debt restructuring plan after securing sanction from judges in the Cayman Islands and the British Virgin Islands last month.
Aoyuan hailed the “major milestone” in a… Read More>>
Shanghai’s office leasing market saw core area absorption rebound in the fourth quarter of 2023 to reach 32,056 square metres (345,048 square feet), the highest reading of the year, but an influx of new supply boosted the Grade A vacancy… Read More>>
Despite credit downgrades, disappearing associates and an aborted mall IPO, Dalian Wanda kept its crown as China’s biggest commercial developer last year, and the race wasn’t close.
Dalian Wanda Commercial Management, the primary holding company for Wanda’s commercial and hospitality… Read More>>
The spectre of “illegal crimes” haunts China Evergrande once again, with authorities reportedly detaining an executive director of the troubled developer’s electric car unit.
Evergrande New Energy Vehicle “has learned that its executive director Mr Liu Yongzhuo has been detained… Read More>>
Blackstone has sold a commercial building along Shanghai’s Central Huaihai Road shopping strip as the US private equity giant offloads investments in the face of what some experts believe could be a prolonged slump in China’s property market.
Huaihai 627,… Read More>>
