In today’s roundup of regional news headlines, Guangzhou R&F’s shares plunge after the developer issues gloomy guidance, the boss of an Aussie casino operator steps down over a failure to stop malfeasance, and Shui On Land’s stock surges on sterling… Read More>>
Evergrande Bondholders Move Toward Lawsuit and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a group of bondholders reportedly mulls legal action against Evergrande after the surprise disclosure of seized cash at the developer’s services unit, while rival Sunac China is said to be in talks to… Read More>>
Asia Real Estate People in the News 2021-12-20
The struggles of China’s cash-starved development giants lead this week’s collection of personnel moves on Mingtiandi, with Shimao Group naming new directors to both its Hong Kong-listed flagship and its property management unit.
In India, KKR has… Read More>>
Singapore Private Home Prices Rise Most Since 2018 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s surging home prices stoke fears of government intervention, Causeway Bay cedes its title of APAC’s most expensive shop location to another Hong Kong district, and private equity major Blackstone’s market value tops… Read More>>
China Caps Bank Lending to Developers and More Asia Real Estate Headlines
Mainland China took another step today to clamp down on credit to real estate developers as the central government rolled out set limits on bank lending to the industry.
Also in the news, unitholders in Singapore’s troubled… Read More>>
CIFI, Wang On Announce HK$2.6B Development JV on Hong Kong Island
Two years after launching a residential joint venture in Kowloon East, Hong Kong’s Wang On Properties and Shanghai-based developer CIFI Holdings are teaming up again with a plan to build homes on Hong Kong Island.
The pair of Hong Kong-listed… Read More>>
China Home Price Growth Quickens in August and More Asia Real Estate Headlines
China’s housing market leads Asia’s real estate headlines today as mainland optimism sees consumers continuing to drive up home prices as Singapore’s sovereign wealth fund jumps into the trend with its latest middle kingdom development joint venture.
Also in the… Read More>>
Asia Real Estate People in the News 2019-10-28
In this week’s edition of People in the News, Davidson Kempner Capital Management hires a new Asia head of real estate, while France’s Groupe IDEC names an incoming Asia development director in Shanghai.
In other job changes around the region,… Read More>>
Asia Real Estate People in the News 2019-10-07
Changes at WeWork lead this week’s edition of Asia Real Estate People in the News, with the financially challenged co-working giant already seeing changes in its leadership in the region following its failed IPO attempt.
Reports surfaced late last week… Read More>>
Top 20 Mainland Developer CIFI Holdings Said Laying Off 8% of Staff Amid Market Slide
China’s sixteenth largest property developer by sales CIFI Holdings will cut up to eight percent of its workforce, according to a report on Friday in mainland news site thepaper.cn, as the developer fights for profitability amid China’s real estate slowdown.
