Asia Pacific real estate investment news and information
Woeful and wobbly real estate developer Kaisa Group Holdings revealed its plans for restructuring nearly RMB 48 billion ($7.6 billion) in debts to domestic Chinese creditors today, as the company claws its way back from the brink of default.
The… Read More>>
Chinese real estate developer Country Garden Holdings sold a $900 million five-year bond on Thursday as the Guangzhou-based firm continues to restructure its financing in the face of China’s property slowdown.
The top-ten China developer’s latest bond issue was priced… Read More>>
Chinese real estate developer Shenglong Group has acquired a site in Los Angeles for $26 million as the Shanghai-based company prepares for its fifth overseas project.
The privately held company paid one of the highest rates ever for the 44,412 square… Read More>>
Land sales for property development fell by more than 25 percent last year in China, as the country’s real estate industry struggles to cope with falling housing prices and rising land costs.
According to China’s Ministry of Land and Resources,… Read More>>
China’s largest real estate developer by sales now wants to jump into Internet finance, giving return-hungry investors a chance to held the giant state-owned enterprise fund its projects.
In an announcement in Hong Kong, the COO of Greenland Hong Kong,… Read More>>
The last-minute rescue of Kaisa Group Holdings lost some of its “happily ever-after” element this week when the troubled real estate developer warned creditors not to expect all of the money that they originally were promised.
In a statement yesterday… Read More>>
Real estate service provider Colliers International announced this week that David Hand has been appointed as its new CEO for Asia Pacific, replacing Piers Brunner, who resigned last August.
Hand comes to Colliers from competitor JLL where he held a… Read More>>
Real estate service provider DTZ this week announced that it has hired Stuart Roberts as its new Chief Executive for Asia Pacific, as well as bringing on board CBRE veteran Sam Cuccurullo to lead its property and asset management team… Read More>>
China’s Kaisa Group may have been saved from default today when Sunac chairman Sun Hongbin announced that his company would be acquiring a 49.3 percent stake in the troubled real estate developer.
Sun said in an interview at Kaisa’s headquarters… Read More>>
International debt markets didn’t wait for the rescue of Shenzhen-based Kaisa Group to bring back Chinese developer notes as Shimao Property sold an $800 million seven-year bond on Tuesday night.
The debt issue came just hours before Tianjin’s Sunac Holdings… Read More>>
