The future of Hong Kong leads today’s set of real estate headlines from around Asia Pacific as chief executive John Lee acts to revive the city’s faltering housing market. Also in the news, Country Garden is formally deemed to be… Read More>>
Country Garden Creditors Push for Default Ruling and More Asia Real Estate Headlines
Country Garden again leads today’s collection of real estate headlines from around Asia Pacific as the developer’s creditors seek an official ruling after a bond default last week. Also making the list, the head of one of Hong Kong’s biggest… Read More>>
Country Garden Sells Melbourne Project to Frasers After Bond Default
Country Garden Holdings has agreed to sell an unfinished housing project near Melbourne, Australia to Singapore’s Frasers Property, market sources have confirmed to Mingtiandi, with the asset sale emerging during the same week that China’s largest developer formally defaulted on… Read More>>
Evergrande Revises Restructuring Deal for $300B in Debt and More Asia Real Estate Headlines
China Evergrande is back in the news as the teetering giant leads today’s headline roundup with a revised proposal for restructuring $300 billion in debt. Also in the news, the owners of a Singapore office tower head back to market… Read More>>
Gemdale Chairman Exit Triggers Latest China Crisis and More Asia Real Estate Headlines
The chairman of China’s Gemdale Properties resigned on Tuesday after 25 years leading the company and a resulting meltdown in the company’s stocks and bonds leads today’s collection of real estate headlines from around the region. Country Garden also makes… Read More>>
China Resources to Raise Up to $1B in Hong Kong IPO and More Asia Real Estate Headlines
A real estate unit of China Resources plans to raise up to $1 billion in a Hong Kong IPO, with that story leading our roundup of real estate headlines from around the region. Also in the news, the… Read More>>
Asia Real Estate People in the News 2023-10-15
A top level change at Country Garden’s property management division leads today’s review of personnel changes across Asia’s real estate industry, with a board change at a Singapore REIT also making the cut. Additional moves include a management shuffle at… Read More>>
Country Garden Hires Advisors as 17 October Default Deadline Looms
China’s largest developer appears to be preparing for default on more than $17 billion in offshore debt obligations as it approaches a 17 October bond payment deadline amid collapsing sales.
Country Garden Holdings alerted the Hong Kong stock exchange early… Read More>>
Investor in Evergrande EV Unit Freezes Payments and More Asia Real Estate Headlines
A fresh setback in China Evergrande Group’s quest for solvency leads today’s list of real estate headlines from around Asia as a would-be investor in the company’s car unit freezes payments. Also in the news, Country Garden faces another bond… Read More>>
ESR, China Merchants Seek Buyer for Oz Portfolio and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, industrial giant ESR is reported to be putting its Australian portfolio with China Merchants Capital up for sale, and Wuxi joins other Chinese cities in scrapping homebuying curbs. Also making the list are… Read More>>
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