Asia real estate and outbound investment news
Agile Group is hanging for-sale signs on more of its assets, with nearly RMB 1.8 billion ($280 million) in new disposals announced since last Friday.
The cash-strapped Guangzhou builder is selling its shareholding in two under-construction residential projects in Xuzhou,… Read More>>
In today’s roundup of regional news headlines, Eagle Hospitality Trust completes the disposal of its remaining non-auctioned Chapter 11 hotels, debt-stricken developer Evergrande makes good on its $1.8 billion offshore bond, and Hong Kong home prices rise for a fifth… Read More>>
After last month shepherding its second India office joint venture to a successful IPO Blackstone is assembling a wholly owned commercial property platform in the country, according to a report in the local press today.
Apart from… Read More>>
Shanghai authorities have detained executives at China Resources Land and China Overseas Land & Investment (COLI), after a government auction for a prime slice of residential land in Hongkou district aroused suspicion when all bids came in at the publicly… Read More>>
News of one of Hong Kong’s biggest landlords failing to pay his rent leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the owner of a shopping centre in Holland has launched court proceedings against personal… Read More>>
Empty rooms lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s average hotel occupancy fell to 51 percent in February, triggering a 40 percent plunge in revenues.
In other news around the… Read More>>
Hong Kong-listed mainland developer China Overseas Land & Investment (COLI) announced this month that it had named a new chief executive to work alongside chairman Yan Jianguo.
Zhang Zhichao took over as CEO of the subsidiary of state-owned giant China… Read More>>
As clashes between police and protesters in Hong Kong escalate, the largest piece of land on the site of the Asian financial hub’s former airport has been sold at a discount to a consortium of Hong Kong-listed developers.
The city’s… Read More>>
Hong Kong’s Lands Department on Tuesday announced that a consortium of six developers had won the third-largest residential plot on what had been the runway of Hong Kong’s former Kai Tak airport for a record HK$12.6 billion ($1.6 billion).
The… Read More>>
With liquidity continuing to flow into China’s financial system, the country’s property developers have more cash on hand for their battle for new sites, and there are signs from Wuhan, Xiamen and even Nantong that some of the nation’s top… Read More>>
