The shared office giant once known as WeWork has filed the prospectus for its initial public offering, taking the latest step towards what is expected to be the second largest stock debut of this year.
The S-1 filing with the… Read More>>
Trade War Could Pop Hong Kong Property Bubble and More Asia Real Estate Headlines
The trade war leads the way in Mingtiandi’s roundup of Asia real estate news today with economists predicting a possible tumble in the world’s least affordable housing market, while Singapore slashes the supply of private residential housing.
In other news… Read More>>
Credit Suisse Says Trade War Will Hurt HK Market and More Asia Real Estate Headlines
Hong Kong home prices lead the way in Mingtiandi’s roundup of Asia real estate headlines today with a Swiss investment bank warning that US-China tensions will start to bite, while trade tariffs prompt several major hotel groups to double down… Read More>>
Henderson Land and Friends Seek $6B in Financing for Kowloon Mega-Project
Hong Kong-listed real estate developer Henderson Land is leading a consortium of property firms in the city in an effort to raise about HK$46 billion ($6 billion) via bonds and loans, according to sources cited by Bloomberg. to push forward a… Read More>>
Country Garden Raises $813M in Share Sale to Ping An Insurance
One of China’s top 10 developers replenished its cash supplies by selling HK$6.3 billion ($813 million) in new shares to Ping An Insurance as the country’s real estate companies grapple with a shortage of both customers and funds in 2015.
Developer Country Garden Sells $900M Bond
Chinese real estate developer Country Garden Holdings sold a $900 million five-year bond on Thursday as the Guangzhou-based firm continues to restructure its financing in the face of China’s property slowdown.
The top-ten China developer’s latest bond issue was priced… Read More>>
Agile Property Trips Over Rights Issue, Falls 7.2%
Real estate developer Agile Property Holdings tumbled more than 7.2 percent on the Hong Kong stock exchange today after it became the third China property firm in 30 days to declare a rights issue.
Guangzhou-based Agile is following hometown competitors… Read More>>
Evergrande Real Estate Offers Down-Payment Loans to Boost Sales
Guangzhou-based developer Evergrande Real Estate has begun offering down payment loans that allow buyers to purchase a home with no cash down, as China’s real estate firms search for incentives to stimulate sales.
The sales promotion program from China’s third-largest… Read More>>
SOHO China Arranges $1 Bil Bond Sale to Fund New Strategy
SOHO China, the Beijing-based real estate developer run by celebrity entrepreneur couple Pan Shiyi and Zhang Xin made headlines last week as they arranged a US$1 billion, dollar-denominated bond sale.
The Hong Kong-listed company announced the deal on Wednesday for… Read More>>
Blackstone to Buy 50,000 Sqm Commercial Building in Shanghai
US private equity firm Blackstone has reportedly agreed to buy the 50,000 sqm Huamin Imperial building in Shanghai’s Jing An District, according to a source familiar with the transaction.
On Friday, Blackstone CEO Stephen Schwarzman, had told reporters that the firm… Read More>>