Asia Pacific real estate investment news and information
Country Garden Holdings, long considered one of the healthier specimens among China’s ailing developers, plans to sell HK$2.83 billion ($361 million) in new shares at a discount to shore up its decaying financial position.
Guangdong-based Country Garden will place 870… Read More>>
Jingrui Holdings has made a series of disclosure to the Hong Kong exchange, struggling to explain the mysterious disappearance of over RMB 4.9 billion ($730 million) in claimed bank deposits that led to PricewaterhouseCoopers resigning as its auditor in May.
More real estate investment trusts (REITs) are likely to be listed in mainland China and Hong Kong… Read More>>
SGX-listed CapitaLand Integrated Commercial Trust will spend S$62 million ($44.7 million) to upgrade its Clarke Quay nightlife complex along the Singapore River into a day-and-night destination with enhanced sustainability credentials.
The value-add project, to be carried out in phases from… Read More>>
Real asset manager ESR announced on Monday that it has raised more than $1 billion for its first financing vehicle dedicated to data centre projects.
Having assembled a pipeline of eight projects representing over 300 megawatts in capacity across Asia,… Read More>>
The evolution of Greater China’s real estate investment trusts takes centre stage on MTD TV on Tuesday, 26 July with a panel discussion which brings the chief executive of one of the region’s newest REITs together with a veteran valuer… Read More>>
China Evergrande forced its chief executive and chief financial officer to resign last week, citing their involvement in a scheme in which loans secured by pledge guarantees were transferred and diverted back to the debt-saddled developer via unnamed third parties… Read More>>
A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing resilience in demand for high-end homes as higher interest rates threaten to tamp down luxury market sentiment.
House 11 in… Read More>>
Private equity giant KKR is set to enlarge its footprint in South Korea’s real estate market, teaming up with longtime local partner IGIS Asset Management to acquire Shinhan Investment Corporation’s Seoul headquarters for KRW 639.5 billion ($487 million).
Shinhan Investment… Read More>>
New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New Territories as the Hong Kong-listed developer shops a number of non-core properties in the city, according to market sources.
The… Read More>>
