Asia real estate and outbound investment news
ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.
The public offer, which began on Thursday night… Read More>>
Guangzhou-based Poly Developments and Holdings, formerly known as Poly Property Group, has won a Shanghai residential site for RMB 4.179 billion ($621 million) at a government auction, according to an announcement by the Shanghai Land Exchange.
The winning bid by… Read More>>
Henderson Land Development added to its pipeline of home town projects this week as it bought out the remaining space in a pair of aging buildings in Kowloon’s Hung Hom area.
The blue chip developer bought the properties, which constituted… Read More>>
Troubled mainland developer Tahoe Group on 27 April announced to the Shenzhen stock exchange that it has agreed to sell a 49 percent stake in a mixed-use project in Hangzhou, the capital of China’s Zhejiang province to Shimao Properties for… Read More>>
Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.
The shared office giant late on Monday revealed that… Read More>>
Property developer Oxley Holdings has agreed to sell Chevron House, an office building at Raffles Place for up to S$1.025 billion ($758 million), according to a filing by the company with the Singapore Stock Exchange on Tuesday.
The buyer, according… Read More>>
The latest regulatory wave in China involves the central government’s hard line on illegal villa developments, as Mingtiandi’s round-up of China regulatory news finds Evergrande, Country Garden and other developers paying the price for building illicit luxury projects in Hainan,… Read More>>
Following a modest rebound in home-buying sentiment last week, several large real estate developers in mainland China announced plans to raise new debt financing as competition grows for land purchases.
During this past week, Shenzhen-listed developer Sunshine City revealed that… Read More>>
Hong Kong-listed Yida China announced on 22 April that a financial crisis at its parent company had left it facing a default on loans with an outstanding principal of RMB 8.75 billion ($1.3 billion), with the developer saying it has yet… Read More>>
Real estate fund manager KaiLong Group has made its first sale at a renovated office building in Hong Kong’s Sheung Wan area, as the Warburg Pincus-backed fund manager continues its strata sales strategy in the city.
Kailong sold the 6th… Read More>>
