Mainland China’s property crisis leads Mingtiandi’s headline roundup again today with Beijing rolling out a raft of measures to revive the market at the same time that new statistics show home prices dropping for an 11th straight month. Also making… Read More>>
Frasers Property Earnings Drop 82% and More Asia Real Estate Headlines
The challenges of rising interest rates and falling valuations lead Mingtiandi’s headline roundup today as SGX-listed Frasers reports some discouraging results. Lendlease also makes the list with an unhappy tax surprise and Singapore’s GuocoLand sells off its stake in a… Read More>>
Digital Realty Breaks Ground on Japan Project and More Asia Real Estate Headlines
Japanese server sheds lead Mingtiandi’s roundup of real estate news from around the region today, with Digital Realty’s joint venture with Mitsubishi starting work on a 31-megawatt data centre east of Tokyo. Also making the list is an SGX-listed hotel… Read More>>
China Vanke Selling Off Shenzhen HQ Site at a Loss and More Asia Real Estate Headlines
China Vanke leads Mingtiandi’s headline roundup today as the distressed developer plans to sell an unfinished project in Shenzhen. Also in the news, embattled Country Garden seeks help from a state-backed programme to pay bond interest and Princeton Digital Group… Read More>>
Hong Kong’s Lai Sun Continues Asset Sales and More Asia Real Estate Headlines
The new financial reality of Hong Kong’s real estate developers leads Mingtiandi’s headline roundup today, with Lai Sun announcing its second major disposal in less than a month. Also in the news, China’s Ping An Insurance is said to have… Read More>>
CapitaLand China Trust Posts 7.7% Income Drop in Q1 and More Asia Real Estate Headlines
China’s ongoing property woes are hurting returns for a CapitaLand-sponsored REIT, with that story leading Mingtiandi’s real estate headlines today. Country Garden also makes news with the troubled developer avoiding its first onshore bond default and a metals magnate’s daughter… Read More>>
Keppel REIT Said Choosing Buyer for Seoul Tower and More Asia Real Estate Headlines
Keppel REIT leads Mingtiandi’s headline roundup today with the SGX-listed trust said choosing a preferred buyer for a Seoul office property. Also making the list, China home prices slid for a 10th straight month, despite policy support and PGIM is… Read More>>
Embassy REIT to Buy $152M Chennai Business Park and More Asia Real Estate Headlines
India’s booming office park sector leads Mingtiandi’s headline roundup today with Embassy REIT planning to buy a Chennai property from its sponsor, Embassy Group. Also in the news, one of the mainland’s biggest banks has filed a wind-up petition against… Read More>>
Country Garden Services Executive Resigns, Share Option Scheme Cancelled
Country Garden Services Holdings on Wednesday announced the resignation of an executive director and the cancellation of the company’s 2020-era share option scheme.
The property management arm of troubled Chinese developer Country Garden said Guo Zhanjun stepped down with immediate… Read More>>
BNP Paribas to Cut Singapore Office Space and More Real Estate Headlines
French bank BNP Paribas leads Mingtiandi’s headline roundup today as it prepares to give up office space in Singapore amid rising commercial rents. Also making the news, China Vanke denies allegations of tax evasion and a former Keppel CEO is… Read More>>
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