In today’s roundup of regional news headlines, China Evergrande says it will unveil its restructuring scheme by the end of July as planned, as the debt-saddled developer receives new terms from the Hong Kong bourse to avoid a delisting. Meanwhile,… Read More>>
Senior hires at Lendlease and Blackstone lead Mingtiandi’s roundup of personnel moves from around the region this week, as the Australian developer finds a new head of data centres, and the US private equity firm adds to its credit division…. Read More>>
Mainland investment giant Fosun International has agreed to repurchase a 50 percent stake in its Bund Finance Center for RMB 6.34 billion ($1 billion), nearly six years after offloading the half-interest in the Shanghai waterfront complex.
Upon closing, Fosun will… Read More>>
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.
In less… Read More>>
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>>