Asia Pacific real estate investment news and information
A scion of the family behind Hong Kong’s Cheung & Sons conglomerate has swooped on a 14th-floor unit at 9 Queen’s Road Central, picking up the headquarters of troubled mainland developer Jiayuan International Group for HK$95 million ($12.1 million).
Jiayuan… Read More>>
Kingsford Development has teamed up with a unit of state-owned conglomerate Metallurgy Corporation of China, to sign a deal for Singapore’s largest en bloc sale so far this year after making a S$890 million ($637.2 million) offer.
A notice sent… Read More>>
Hopewell Holdings is planning to build a residential and retail project worth up to HK$3.6 billion ($459 million) around a reputed haunted house in Hong Kong’s Wan Chai district, according to a planning application submitted this month.
Nam Koo Terrace,… Read More>>
Sinar Mas Land continues to trade actively in London’s real estate market, with the Singapore-listed property firm on Wednesday announcing a deal to sell a commercial building near Westminster for £247.5 million ($292.3 million).
The developer controlled by Indonesia’s Widjaja… Read More>>
Intentional mass mortgage default by homebuyers at a delayed Evergrande project in Jingde town of Jiangxi province late last month has proved contagious, with data from CRIC as of 13 July showing that buyers of 106 projects across 47 cities… Read More>>
Singapore’s Temasek Holdings saw its portfolio hit a record high of S$403 billion ($297 billion) in the year to 31 March, as the sovereign fund re-established the Lion City as its biggest single-country investment location and cut back on its… Read More>>
PAG has secured $20 million in capital commitments from the Teacher Retirement System of Texas for the Hong Kong private equity shop’s two newly created opportunistic real estate funds.
TRS is investing $10 million each in PAG’s Kona Co-Invest and… Read More>>
Mainland China developer CC Land Holdings has secured £605 million ($716.82 million) in fresh financing for its “Cheesegrater” office tower in London in a deal led by HSBC, according to a statement by the banking giant on Monday.
HSBC’s UK… Read More>>
Guangzhou R&F said on Monday that it has won approval from holders of 10 sets of offshore bonds to restructure the terms of the debt obligations and give the financially troubled mainland developer additional time to pay off the notes.
A tender for a residential project in Hong Kong Island’s Western district closed on Monday having drawn nine bids for the opportunity to build housing worth HK$2.4 billion ($305.7 million) in Sai Ying Pun, according to an announcement from the… Read More>>
