In today’s roundup of regional news headlines, Chinese conglomerate Fosun plans to offload its interest in steel group Nanjing Nangang, and mainland new home prices climb at their fastest pace since last June.
Fosun Group Sells Nangang… Read More>>
Asia Real Estate People in the News 2023-04-03
A sudden leadership change at a Singapore-listed REIT leads this week’s set of personnel updates on Mingtiandi, with Shanghai’s Jingrui Holdings also revealing a change at the top level. There are also new board members at Link REIT and Fosun,… Read More>>
China’s Country Garden Posts First Loss Ever and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, top China developer Country Garden posts its first-ever loss since its public listing, and a Singapore-listed US REIT announces a leadership transition.
Country Garden Reports First Loss Since 2007 Listing… Read More>>
China Home Sales Show Turnaround Potential and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China flashes hopeful signs that its long slump in home sales is nearing an end, Mirae Asset Management may soon add a Singapore REIT to its business and India’s Welspun One Logistics Parks… Read More>>
Asia Real Estate People in the News 2022-02-06
Finance giants lead this week’s collection of personnel moves on Mingtiandi as two of Asia Pacific’s largest financial institutions make senior hires. Also making our list are a pair of director changes at Hong Kong-listed firms, a promotion at Gaw… Read More>>
Shimao Services Unit Replaces Auditor Again and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a tiff over fees prompts the exit of Shimao Services’ auditing firm, and analysts say sales of new homes in Hong Kong could soar this year as rate hikes ease and cross-border traffic… Read More>>
China’s Fosun Receives $1.8B Loan from State-Owned Banks as Bailouts Continue
A subsidiary of Chinese investment giant Fosun International has received a RMB 12 billion ($1.8 billion) loan from a syndicate of mainland banks, according to reports, as the Chinese government ramps up support for indebted private firms.
Shanghai Fosun High… Read More>>
Sogo’s Tsim Sha Tsui Branch Closing Down in March and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s retail slump claims another victim as Sogo prepares to close its Tsim Sha Tsui store after 18 years in business, and top mainland developer Country Garden reportedly secures funds to avert… Read More>>
Fosun Selling Stakes in Four Industrial Companies to Steel Giant Jianlong for $980M
The new year brings fresh asset disposals by troubled Chinese conglomerate Fosun International, which has agreed to sell its entire interest in four industrial companies controlled by steel magnate Zhang Zhixiang for a total of RMB 6.7 billion ($980 million).
Asia Real Estate People in the News 2022-12-26
A set of top level moves at Hong Kong-listed mainland China developers leads Mingtiandi’s regional personnel roundup this week, with China New Town Development and China Resources Land naming new board members, and Fosun Tourism has also added a new… Read More>>
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