In today’s roundup of regional news headlines, China Evergrande hands over a set of unused plots to officials in Wuhan, the mainland securities watchdog reveals plans to improve the balance sheets of quality builders, and Hong Kong property agencies prepare… Read More>>
EC World REIT Selling Assets to Pay Debts and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, SGX-listed EC World REIT looks to sell some Hangzhou industrial assets to raise cash for debt repayment, China’s new home prices continue to fall amid a mortgage boycott, and global fund managers place… Read More>>
Cromwell E-REIT Buys UK Warehouse and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Cromwell E-REIT picks up a third logistics property in the UK, a Sentosa Cove housing project sells half of its available units at launch, and private equity giant Carlyle Group slashes its… Read More>>
Carrie Lam Questions Hong Kong Rent Relief Plan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong leader Carrie Lam has second thoughts about a rental deferment plan for the city’s business tenants, debt fundraising slumps to a four-year low among China’s developers, and Singapore hikes the charges… Read More>>
Shimao Shares Spike 20% on Asset Sale Report and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Shimao’s shares jump on reports that the troubled developer is selling all of its projects, the chairman of one of China’s biggest insurers is under investigation for corruption, and Joseph Lau’s Chinese Estates… Read More>>
China Land Premiums Fall Despite Relaxed Rules and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s land market continues its slump despite government moves to boost credit and ease restrictions to entice developers, a South Korean investment firm acquires an office building in Brussels, and debt-saddled China Evergrande… Read More>>
Pair of Singapore REIT Probes Fail to Shake Investor Confidence
Investigations have been launched into trust managers or executives involved in the management of two Singapore-listed real estate investment trusts, or S-REITs, since the beginning of June, but investors appear unperturbed by the government intervention or by the possibility of… Read More>>
Forchn to Set Up $150M Logistics Fund, Wins Rights to SE Asia Warehouses From YCH
Chinese manufacturer and warehouse developer Forchn Holdings has signed a framework agreement with Singaporean logistics provider YCH Group to cooperate on investments in Southeast Asia and China including establishing a $150 million warehouse fund.
“The partnership with YCH Group is… Read More>>
Asia Real Estate People in the News 2018-02-12
Capital markets dominate this week’s people moves, with a seasoned real estate executive joining a Singaporean private equity firm as portfolio manager, and the CEO of a REIT manager stepping down. A serviced office brand has just welcomed a leasing… Read More>>