In today’s roundup of regional news headlines, asset management champ BlackRock plans a major expansion in Singapore, private equity giant Blackstone completes its acquisition of Aussie casino operator Crown Resorts, and Fitch Ratings drops coverage of a Chinese homebuilder.
Chinese Developer Swaps Homes for Crops and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Chinese developer resorts to taking crops as payment for homes, heavily indebted Evergrande gets a delisting alert from the Hong Kong bourse, and Singapore’s DBS extends a sizeable green loan to sovereign… Read More>>
Evergrande Hires More Restructuring Advisors and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s restructuring process moves ahead with the hiring of additional advisors, fellow mainland developer Sunac suffers its second credit downgrade in as many days, and Singapore-listed Mapletree Logistics Trust acquires a land… Read More>>
DBS to Create Singapore’s First Carbon Net Zero Bank in Pilot Project
With sustainability becoming a key component of real estate value, Singapore’s DBS is planning to transform an existing four-storey office building into the city-state’s first carbon net zero development by a bank.
Southeast Asia’s largest financial house will invest more… Read More>>
DBS to Cut Global Office Footprint by 20% and More Asia Real Estate Headlines
Asia’s path out of the pandemic continues to bring a set of mixed real estate headlines as we enter May, with Hong Kong’s housing market showing signs of a resurgence as Singapore’s biggest bank announces plans to cut its office… Read More>>
Schroders Takes Over Aussie Real Estate Lender and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, investment manager Schroders acquires a majority stake in Australian lender RF Eclipse, a tender for a land parcel in Hong Kong’s northern New Territories attracts 10 bids, and SGX-listed CapitaLand Integrated Commercial Trust… Read More>>
DBS to Cut Office Space in Singapore Hub and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singapore-based banking giant DBS makes plans to trim its office space in the city, consultancy JLL mulls the sale of its China property management business, and the Kwok family’s designs on Hong… Read More>>
Societe Generale Joins Crowd of Foreign Banks Handing Back Hong Kong Office Space
French bank Societe Generale is reducing its footprint in a Hong Kong commercial tower under the terms of its upcoming lease renewal, joining a parade of foreign finance giants cutting back in the city as mainland firms expand their role… Read More>>
DBS Joins Banks Surrendering HK Office Space And More Asia Real Estate Headlines
In today’s roundup of regional news headlines, DBS joins the caravan of global banks fleeing office space in Hong Kong, Singapore-listed Manulife US REIT secures its first green loan, and Eagle Hospitality Trust unitholders seek representation in a US Bankruptcy… Read More>>
DBS Selects SC Capital as Replacement Manager of Troubled SG Hotel Trust
Singapore’s primary finance regulator today ordered the removal of the manager of Eagle Hospitality Trust in a measure aimed at remedying the woes of the troubled hotel REIT.
The judgement by the Monetary Authority of Singapore (MAS) had been expected… Read More>>