CapitaLand Investment leads today’s Mingtiandi headline roundup, with the Singaporean firm said to be eyeing a stake in Fosun International’s Club Med resort chain. Also in the news, Singapore home sales are on track to hit their lowest since the… Read More>>
Li Ka-Shing’s CK Asset Sells Chengdu Project for $1B and More Asia Real Estate Headlines
China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong Kong’s Li Ka-shing has decided to sell off a mixed-use project in Chengdu while the sun is still shining.
In less… Read More>>
HNA Group Gets Help to Repay Dollar Bond and More Asia Real Estate Headlines
A backfiring conglomerate leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the debt-laden company that had golf courses seized four months ago is said to have received help to repay a $300… Read More>>
Country Garden Eyes Smaller Cities for Growth and More Asia Real Estate Headlines
China’s top two property developers are going in different directions with Country Garden seeing its future in small cities and counties while Evergrande is increasing its investment in the electric car market. Meanwhile Club Med is planning to open a… Read More>>
Fosun Tourism IPO Scrapes Up $428M and More Asia Real Estate Headlines
Fosun Tourism Group went to market on Friday with its IPO, returning with a valuation of $2.44 billion, after pricing its shares at the low-end of the expected range. The lean listing for the owner of the Club Med resort… Read More>>
GIC Cancels Plan to Sell Stake in $1.3B Sydney Tower and More Asia Real Estate Headlines
Just over a week ago a survey of property professionals in the region picked Sydney as a top-three investment destination, but what could be a sign of changing market conditions, Singapore’s GIC has cancelled a plan to see a half… Read More>>
$700M Fosun Tourism IPO Offers a Stake in Money-Losing Travel Unit
Fosun Tourism, a recently spun off unit of Hong Kong-listed Fosun International filed proof of an IPO application with the Hong Kong stock exchange on Monday that revealed the latest step in what the company is said to plan as… Read More>>
Warehouse Builder ESR Takes Another Look at India and More Asia Real Estate Headlines
Sheds once again lead the news today in Asia as one of the region’s biggest warehouse developers says that it sees India in its future. Also in the headlines, the founder of China’s LeEco told shareholders this week that he… Read More>>
Fosun Plans 5 New Mainland Club Meds Each Year and More China Real Estate Headlines 2015-12-09
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Fosun Plans 5 New Mainland Ski Resorts Each Year in Club Med Expansion
Club Mediterranee, the French holiday group controlled by… Read More>>
Fosun Jumps Into Japan with IDERA Real Estate Deal
China’s most diversified investor took a step into Japan’s recovering real estate market last week when it bought real estate investment management company IDERA Capital Management Ltd from Japanese private equity firm Unison Capital. The deal was announced on IDERA’s… Read More>>