A rare data centre trade leads today’s collection of property headlines from around Asia with ESR announcing that it has sold Seoul server shed. China’s defaulting developers also make the list with CIFI selling its share of a Tianjin project… Read More>>
The world’s digital future leads Mingtiandi’s headline review today, with Blackstone announcing a $7 billion data centre JV with Digital Realty. Also in the news, Shimao fails to sway investors with its announcement of a debt restructuring plan and China’s… Read More>>
Wang Jianlin, the billionaire chairman of troubled Chinese developer Dalian Wanda Group, is set to sell his controlling stake in the company’s film business, with the once would-be media mogul shedding his movie holdings amid a liquidity crunch.
In a… Read More>>
Two of the three major credit ratings agencies have downgraded units of China’s Dalian Wanda Group after it asked holders of a $600 million bond to wait an extra year for repayment.
Fitch Ratings on Wednesday downgraded the key businesses… Read More>>
China’s Dalian Wanda is asking creditors to give it another year to repay a $600 million offshore bond, with that story leading today’s real estate headlines from around the region. Also in the news, Blackstone says it’s not selling its… Read More>>
China’s one-time richest man leads Asia’s real estate headlines today with a report that pre-IPO investors in Wang Jianlin’s Zhuhai Wanda Commercial Management have rejected a debt repayment proposal. Also in the news, China’s home sales slide gathered pace in… Read More>>
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>>
China’s Dalian Wanda Group saw its application for a Hong Kong IPO lapse for a fourth time last week, and the company’s attempt to renegotiate $4 billion in pre-IPO financing leads our headline roundup today. Also in the news, China… Read More>>
In today’s roundup of regional news headlines, Hong Kong’s main mortgage lender reportedly plans to raise its rate cap for the first time this year, and troubled developer Country Garden faces a deadline to extend a group of RMB bonds…. Read More>>
China’s Dalian Wanda Group is facing a new challenge this week as a senior vice president with the country’s largest commercial developer has been taken away by police in what is said to be a corruption case.
Sources at Wanda… Read More>>