Less than a year after Fosun saw its bet on the UK’s Thomas Cook end up in bankruptcy, the Shanghai-based investment firm is watching another bet on leisure spending head down the drain as creditors of Cirque du Soleil prepare… Read More>>
China’s housing market has heated up after an extended dry spell, and with developer appetites for land surging, Hong Kong’s Li Ka-shing has decided to sell off a mixed-use project in Chengdu while the sun is still shining.
Hong Kong’s housing market is rebounding but so is the coronavirus, leading to competing recovery stories at the top of Asia’s real estate headlines today.
A flare-up of the coronavirus has led to the shutdown of Hong Kong Disneyland, yet… Read More>>
The ongoing struggles of China’s Oceanwide Holdings lead today’s real estate headlines as the cash-strapped developer’s deal to sell off a San Francisco development project gets extended to 30 September.
Also in the news, Frasers Group has taken another step… Read More>>
Sheds and server barns lead today’s real estate headlines from around the region as a Singapore investment manager adds the remaining 60 percent stake in a set of US data centres to its Singapore listed industrial trust and one of… Read More>>
Beijing’s controversial new security law may worry many Hong Kong residents, but potential property investors seem to see the new legislation as an opportunity to pick up office assets on the cheap, according to one news account today.
Also finding… Read More>>
In this week’s edition of People in the News, WeWork pushes on with its senior leadership re-building by hiring a former oil industry CFO, just over a month after the financially challenged company appointed a new CEO.
In other moves… Read More>>
At a time when many Chinese investors are retreating from the US real estate market, leaving a trail of troubled projects and financial losses in their wake, Fosun International is poised to notch a significant win in lower Manhattan.
The… Read More>>
Leading today’s real estate news from around the region, Guo Guangchang’s Fosun Group is making a bid for yet another European retail brand as the company makes a buyout offer for German clothing label Tom Tailor.
Also in the news,… Read More>>
Southeast Asia’s biggest ride-hailing app has found a new home in Singapore as Grab announces plans for a new $134.5 million headquarters to be built by Ascendas REIT. Also in the news, China’s Evergrande continues to buy up auto assets… Read More>>