Singapore-based SC Capital is said to be in talks to acquire data centre operator Global Switch, with that report leading today’s headline roundup. Also making the list, Hong Kong property investors continue to dump commercial assets at steep losses and… Read More>>
Singapore’s Royal Group Buys London Asset for $83M and More Asia Real Estate Headlines
A Singaporean property tycoon picks up a bank building in London’s West End for a hotel conversion, with that deal leading today’s headline roundup. Also making the list, Canada’s Brookfield markets a stake in a Perth office tower and Australia’s… Read More>>
China Developer Stocks Hit as Hang Seng Has Worst Day Since 1997
China doesn’t export condos, warehouses or office buildings to the US, but that did not spare the country’s largest property developers from the impact of a global market rout triggered by US President Donald Trump’s tariff barrage announced last week.
Blackstone Said Ready to Buy Kolkata Mall for $400M and More Asia Real Estate Headlines
Investment titan Blackstone is preparing to buy a Kolkata mall for $400 million, with that report leading today’s headline roundup. Also making the list, Nomura’s REIT picks up a pair of Tokyo apartment blocks and S&P places China Vanke on… Read More>>
Chow Tai Fook, FEC Aussie Casino Bid Rejected and More Asia Real Estate Headlines
Hong Kong investors Chow Tai Fook and Far East Consortium fail in their first attempt to buy out a Brisbane casino, with that story leading today’s headline roundup. In other news, SGX-listed Lendlease Global Commercial REIT announces a leadership change… Read More>>
New World Offers $15B in Assets for Refinancing Effort and More Asia Real Estate Headlines
Hong Kong heavyweight New World Development offers properties as collateral to refinance loans, with that report leading today’s headline roundup. Also making the list, Zhenro Properties founder Ou Zongrong is detained over “suspected illegal activities” and Singapore condo rents rise… Read More>>
Mainland Magnate Buys Stake in Faltering Star Casinos and More Asia Real Estate Headlines
A Chinese coal tycoon is revealed to be an investor in troubled Australian casino firm Star Entertainment, with that story leading today’s headline roundup. Also in the news, Singapore’s CDL makes a buyout offer for its listed New Zealand hotel… Read More>>
China’s Country Garden Posts $24B Loss for 2023 and More Asia Real Estate Headlines
Embattled Chinese developer Country Garden posts a record loss for 2023, with that belated earnings release leading today’s headline roundup. Also in the news, CapitaLand India Trust reveals a data centre leasing deal and Paragon REIT’s sale of an Australian… Read More>>
Country Garden Offers to Swap Loan for Malaysia Project and More Asia Real Estate Headlines
Forest City, Country Garden’s Malaysian mega-project, becomes a bargaining chip as the Chinese builder hammers out a debt restructuring deal, with that story leading today’s headline roundup. Also making the list, South Korea’s Koramco markets a Seoul office tower and… Read More>>
Country Garden Touts Plan to Cut $11.6B in Offshore Debt as Home Sales Evaporate
China’s Country Garden Holdings on Thursday unveiled a restructuring plan aimed at cutting its offshore debt by up to $11.6 billion, but the troubled developer and its rivals have given little cause for confidence as their home sales continued to… Read More>>
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