Asia real estate and outbound investment news
An A$3.6 billion ($2.3 billion) Brisbane casino resort backed by a pair of Hong Kong heavyweights has secured financing that allows the controversial development to press ahead despite opposition from preservationists and design groups.
Australian gambling and entertainment company Star… Read More>>
A debt-laden mainland developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company founded by billionaire Wang Jianlin needs to re-finance $5.7 billion of debt maturing this year.
In other news… Read More>>
Warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean pension fund is committing $111 million to a French insurer’s $1.6 billion European logistics fund.
In other news around the… Read More>>
Hong Kong’s real estate market is likely to see another compulsory sale application after local agency-turned-property investment firm Winland Group purchased 96 percent ownership of the Sun On Mansion in Causeway Bay for HK$2.17 billion ($280 million), according to a… Read More>>
An A$500 million ($365 million) hotel and condo project in Sydney backed by two of Hong Kong’s wealthiest families filed plans last week for a 61-storey tower incorporating the city’s only Ritz-Carlton hotel, as casino operator Star Entertainment Group expands a… Read More>>
At the top of today’s news, facilitators of Malaysia’s multi-billion dollar 1MDB graft bonanza continue to rethink their risk assessments with a former Goldman Sachs partner now trying to strike a deal with US prosecutors on charges of criminal activity…. Read More>>
Leading today’s Hong Kong real estate news, the chairman of property giant New World Development has shrugged off rumours of his imminent retirement, after the 71-year-old tycoon was said to have suffered a stroke. Also in the headlines, the city’s… Read More>>
Fast fashion brand Topshop has halved the rent on its home on Queen’s Road in Hong Kong’s Central district, as rates for retail space in the city adjust to a new reality.
The UK-based retailer of youth-oriented apparel and accessories… Read More>>
Bankruptcies, gambling busts and co-working booms fill the headlines today as Asia’s real estate world refuses to go quietly into the final days of 2016. James Packer is selling off his Macau operation as key members of his China team… Read More>>
It may be Thanksgiving in the US today, but some of those in the real estate industry outside of America won’t be giving thanks on this Thursday. James Packer is reeling after Chinese authorities arrested three of his employees while… Read More>>
