Two Chinese developers lead today’s roundup of regional news headlines, as Dalian Wanda revamps one of Beijing’s biggest malls and a new investor takes over construction at a pair of China Evergrande’s projects in Kunming. The city of Dongguan, meanwhile,… Read More>>
Ping An Investments Probed by Govt And More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Ping An is reportedly under scrutiny by China’s government about some of the giant insurer’s property investments, while the world’s most indebted developer, China Evergrande, posts a 29 percent drop in first-half net… Read More>>
Frasers S$1.28B Rights Issue to Fund Logistics Deals and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Frasers Property readies a rights issue to fund logistics deals and ease leverage, emigrating Hongkongers help drive up UK home prices, and a wetland in Hong Kong’s New Territories gains protection after the… Read More>>
Hines Teams with Carlyle Fund Manager to Buy Guangdong Cold Chain Project
US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 square metre (363,820 square foot) cold storage facility and adjacent development site in southern China’s Guangdong province.
The property is in Dongguan’s… Read More>>
Singapore Homes Sales Doubled in June and More Asia Real Estate Headlines
The coronavirus still plagues the world but recovering markets lead the news today as housing sales in Singapore recover and home prices in southern China take a great leap upward.
Also in the headlines, the COVID-19 crisis is triggering layoffs… Read More>>
Lippo’s Retail REIT to Buy Jakarta Mall for $262M and More Asia Real Estate Headlines
Shopping centres seem to be swinging back into style with investors and a story on Indonesia’s Lippo Group preparing to sell a Jakarta mall leads Mingtiandi’s set of real estate headlines from around the region today. There’s also signs of… Read More>>
Housing Restrictions Fail to Break China Housing Fever and More Asia Real Estate Headlines
At least 21 cities have now instituted home purchase restrictions across China, but the demand suppression measures have yet to overcome the effect of months of loose monetary policy and rising public sentiment toward real estate purchases. In related headlines,… Read More>>
Wanda Accused of Buying Influence in Beverly Hills Battle and More Asia Real Estate Headlines
Wang Jianlin hits the international headlines again today, with the billionaire chief of Dalian Wanda Group now being accused of cross-border influence buying as his Beverly Hills development project tries to win government approvals in Los Angeles. Also in the… Read More>>
Logistics Developer GLP Announces Sinotrans Deal and Dongguan Facility
Global Logistic Properties Limited (GLP), the biggest logistics developer in China, announced this week that it has signed a strategic partnership agreement with the country’s largest state-owned logistics services company to develop a nation-wide network of logistics facilities.
In addition to… Read More>>