Mainland investor Gordon Tang and his wife Celine continue to expand their Singapore real estate empire with companies controlled by the mysterious couple teaming up with a joint venture between local developers KSH Holdings and Ho Lee Group to purchase… Read More>>
CICT, Link REIT Circle Singapore Mall Portfolio and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s CapitaLand and Hong Kong’s Link REIT are reportedly working on bids for a $3 billion portfolio of shopping malls in the Lion City, while developer Chip Eng Seng pulls the plug on… Read More>>
George Soros Warns of China Economic Crisis and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, billionaire investor and activist George Soros says China faces an uphill climb to restore its real estate sector to health as the country’s home prices continue to slide, while a report shows that… Read More>>
Asia Real Estate People in the News 2022-01-24
While news reports have been filled with stories of global executives leaving Hong Kong, we lead our weekly roundup of people moves this week with a European fund manager sending one of its top executives into the city where no… Read More>>
S&P Tags Evergrande a Defaulter and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, ratings agency S&P labels China Evergrande a defaulter and withdraws coverage of the group, mainland authorities ramp up support of the property sector by connecting banks with distressed developers, and Hong Kong’s West… Read More>>
Billionaire Gordon Tang Leads Successful $474M Bid for Singapore Mixed-Use Project
Companies controlled by mysterious mainland investor Gordon Tang have joined forces with a group of local developers to make a successful offer of S$650 million ($474.6 million) for a mixed-use site up for collective sale in Singapore’s upmarket District 9.
PAG, Warburg Backing $6B Pre-IPO Round for Wanda and More Asia Real Estate Headlines
Dalian Wanda leads the news today as it heads back to the Hong Kong stock exchange with a new group of backers, which are said to include PAG, Country Garden, Tentcent and Warburg Pincus.
Also in today’s… Read More>>
Evergrande Bonds Sink After S&P Warning and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s latest credit downgrade comes with the warning of a “downward spiral”, Korea’s third-largest conglomerate readies a September IPO for SK REIT, and Hong Kong’s Wharf REIC posts a double-digit rise in… Read More>>
Digital Realty Weighs $300M Singapore Trust IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US-based Digital Realty reportedly considers a trust IPO in Singapore, casino giant Las Vegas Sands is hit with a $12 billion lawsuit in Macau, and ESG-linked borrowing soars to a record high in… Read More>>
JV Controlled by Mainland Billionaire Wins $207M Tender for Singapore’s Maxwell House
A pair of Singapore-listed firms controlled by a mysterious mainland investor with links to the younger brother of former US president George W Bush has teamed with a Hong Kong construction firm to win a tender for a mixed-use project… Read More>>