In today’s roundup of regional news headlines, delivery platform Pickupp receives financing from venture funds tied to Alibaba and Swire, PropertyGuru snaps up a Malaysian property data firm, and a Japanese developer and its media company partner agree to buy… Read More>>
In Mingtiandi’s latest roundup of regional news headlines, a legal dispute between Chinese developer Vanke and its New York-based partner heats up, JD.com’s logistics arm reportedly mulls an IPO targeting a $40 billion valuation, and the Delhi High Court… Read More>>
In today’s batch of regional news headlines, India’s Embassy REIT agrees to buy business park assets from a Blackstone-led joint venture, property services firm Sunac eyes a $1 billion capital raise from its Hong Kong IPO, and department store chain… Read More>>
The ongoing financial adventures of China’s most indebted developer lead the news again today as China Evergrande’s plan to raise $1 billion through a share sale comes up about $445 million short.
India’s largest developer also gets some press today… Read More>>
Soon after announcing a spin-off plan that could bring in $3 billion, China Evergrande Real Estate released a profit warning on Monday that could keep the finances of the indebted developer on edge after net income dropped to just RMB… Read More>>
Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.
Also… Read More>>
The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one of the fallen bosses buddies was penalised for insider trading after learning that his friend was headed for… Read More>>
Japan leads Asia’s real estate news today as a French asset manager makes its latest residential investment in Nagoya, adding to growing flow of capital into rental apartments in the country.
Also in the news, two of Singapore’s biggest real… Read More>>
Hong Kong’s economic hardships lead the news again today with a global property agency reporting that retail rents in the city dropped by 15 percent in the second half of 2019. Also in the headlines, one of India’s largest developers… Read More>>
Stories from the world of warehouses lead Mingtiandi’s list of real estate headlines today as an industrial developer backed by India’s Embassy Group and New York-based Warburg Pincus announces plans to build more sheds in India.
At the same time,… Read More>>