Asia Pacific real estate investment news and information
Regional financial markets may be regaining their trust in China’s real estate developers, as Sino-Ocean Land successfully priced a $1.2 billion dual-tranche bond yesterday.
The Beijing-based builder raised a $700 million five-year note as well as a $500 million 12-year note,… Read More>>
Chinese real estate developer Kaisa Group dug itself still deeper into default yesterday when the Hong Kong-listed company failed to make $26 million in interest payments due on offshore bonds.
The bond default is Kaisa’s second failure to meet debt… Read More>>
China’s cash-strapped real estate developers are raising record amounts of cash overseas, and Goldman Sachs says you should stay away.
In a report released this week the US investment bank said that debt issued by Chinese real estate developers are… Read More>>
A first of its kind forum will convene in Hong Kong next week to explore the risks and opportunities involved in China’s rapidly evolving private credit markets.
The PDI China Corporate Debt Forum 2014, which is scheduled for November 6th… Read More>>
Oceanwide Real Estate International opened up a new season of bond issues this week with a $320M sale as debt by China’s real estate developers reached historic levels.
The international bond sale by the Beijing-based developer comes as Oceanwide seeks… Read More>>
Australian real estate developer Goodman Group scored three new warehouse leases and a successful round of debt financing as the company continues to profit from Greater China’s rapidly growing logistics sector.
Last week the company’s Goodman Hong Kong Logistics Fund… Read More>>
On 28th January, NYSE-listed Xinyuan Real Estate (XIN) became the second Chinese property developer this year to ask bondholders to allow renegotiation of the debt terms, apparently so that the companies can take on more leverage as credit dries up… Read More>>
Evergrande Real Estate Group, one of China’s five largest real estate developers is adopting an aggressive approach to renegotiating its current debt commitment as the nation’s real estate firms search for ways to continue to financing their businesses amidst a government crackdown.
The company made a controversial compensation offer to existing bondholders recently, which appears aimed at making it easier for the Guangzhou-based firm to take on further debt.
