Just two weeks after being added to an SEC watchlist which could lead to its shares being delisted by the New York Stock Exchange, Chinese real estate brokerage Ke Holdings has found a new home for its equity, with that… Read More>>
Sunac Shares Plunge as Developer Misses Deadline and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Sunac’s shares tumble as the developer says it will miss the deadline for reporting annual results, COVID-19 troubles send Hong Kong home prices to their lowest level in over a year, and Singapore-listed… Read More>>
ARA US Hospitality Trust Buys US Hotels for $48M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed ARA US Hospitality Trust acquires a pair of North Carolina hotels, sovereign wealth fund GIC awaits a windfall of foreign currency reserves after a rule change, and Google is buying a London… Read More>>
Evergrande Tells Wealth Management Clients to Wait and More Asia Real Estate Headlines
The top stories of 2022 continue some top themes of the old year, with China Evergrande telling investors in its wealth management products that they will have to wait for repayment and mainland developers facing near $200 billion credit obligations… Read More>>
Blackstone Buys Melbourne Self-Storage for $297M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity king Blackstone picks up a self-storage business in Melbourne, AirTrunk announces plans to build a massive data centre in Sydney, and China Evergrande’s electric car unit hopes to raise some cash… Read More>>
Sunac Shares Jump After Denial of Distress Call and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Sunac’s shares soar after the Chinese developer denies reports that it requested help from a city government, shares of Evergrande NEV plunge after the electric-car unit issues a liquidity warning, and JLL says… Read More>>
Evergrande Car Dreams Stall as Vehicle Unit Admits Payroll in Doubt
New signs of liquidity pressure on China Evergrande Group emerged late Friday night when the collapsing mainland developer’s electric car unit warned that it would need to find new sources of capital in order to continue production and meet its… Read More>>
Evergrande Signs Deal to Avoid Bond Default and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande reaches an agreement with onshore bondholders to avoid default, while the beleaguered developer’s electric car unit tries to boost morale by dishing out stock options to staff.
In non-Evergrande news,… Read More>>
Hang Seng Bank Rents Central Shop at 45% Discount and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hang Seng Bank prepares to rent an Adidas-vacated space in Hong Kong’s Central at a deep discount, SJM’s Angela Leong consolidates her ownership of a Macau hotel and casino, and apartment developer Greystar… Read More>>
China Boycotts Western Brands Over Xinjiang Sanctions and More Real Estate Headlines
In today’s roundup of regional news headlines, China strikes back at Western apparel brands over their allegations of forced labour in Xinjiang, mainland developers report slimmed-down debt levels in their annual results, and the country’s $1 trillion sovereign wealth fund… Read More>>