One of South Korea’s biggest conglomerates leads the news again today, as Lotte Group struggles to overcome geopolitical issues that have plagued its mainland business. Also in the headlines, two of Hong Kong’s biggest developers saw profits plunge in the… Read More>>
Poly Spent RMB 10.1B on Mainland Sites in One Day and More Asia Real Estate Headlines
While the number of bids for mainland housing sites seems to be falling off the map, it’s clear that some of the biggest developers still have cash for sites after state-owned Poly spend nearly $1.5 billion to buy a pair… Read More>>
Chinese Developer Wins Approval for A$200M Darwin Hotel and More Asia Real Estate Headlines
Leading the real estate news today from around Asia, the mainland company that bought Darwin port in Australia three years ago now has won approval for a new luxury hotel next to the controversial port project. Also in the news,… Read More>>
Anbang Said Looking to Sell $10B in Overseas Properties and More Asia Real Estate Headlines
With HNA’s clearance sale still in full force, another of China’s high profile cross-border players is getting ready for its $10 billion end of season promotion. The mainland’s biggest developer also continues to grab headlines for all the wrong reasons… Read More>>
Minsheng Unit Breaks Ground on San Francisco Tower and More Asia Real Estate Headlines
A cross-border development unit of China Minsheng Investment has broken ground on its first project in San Francisco, where home will costs at least $2.5 million just to build. Also in the news, the “charitable foundation” which HNA set up… Read More>>
Thailand’s Central Group Hopes for $1B Retail IPO and More Asia Real Estate Headlines
Department stores are closing down faster than popsicle stands in November in most parts of the world, but Thailand’s largest retailer makes news today with news of plans to use its collection of department stores to anchor a hoped for… Read More>>
China Vanke Joins Tencent, Alibaba in RMB 10B CMC Deal and More Asia Real Estate Headlines
Still on the mend from a bruising takeover battle that transformed it into a state-owned entity mainland development giant China Vanke shows signs of expanding beyond its core business in putting buildings this week as it joins the country’s two… Read More>>
Singapore Said to Halt $446M En Bloc Sale and More Asia Real Estate Headlines
Leading today’s roundup of news from around the region, Singapore has reportedly pumped the brakes on a collective sale for the first time this year, as the disposal of a 210-unit housing development in the city-state’s West Region has been… Read More>>
Wanda Launches Nanjing Theme Park and More Asia Real Estate Headlines
Leading today’s roundup, Dalian Wanda Group may have stepped back from its ambition to crush Disney in China’s theme park market, but that hasn’t stopped the developer from launching a 34,000 square metre indoor amusement park designed by KCC Entertainment… Read More>>
$300M Novena Site Adds to Singapore’s $2.1B Week of Land Sales
A privatised government-built estate in Singapore’s Novena neighbourhood was sold for S$402 million ($299 million) in a collective sale tender late last week, adding to a total of S$2.88 billion ($2.1 billion) of residential and mixed-use land sales in the… Read More>>
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