In today’s roundup of regional news headlines, Moody’s reports that Singapore homeowners are using more of their income to service mortgages, Hong Kong’s URA invites dozens of developers to a Sai Ying Pun project tender, and SGX-listed Keppel REIT posts… Read More>>
Seizure of Evergrande Hong Kong HQ Confirmed and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the seizure of China Evergrande’s Hong Kong headquarters is confirmed by public records as the debt-saddled developer pledges to restart dozens of stalled projects. Meanwhile, New York-based SL Green announces its acquisition of… Read More>>
Kaisa Reports Progress Repaying $18B in Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-saddled developer Kaisa Group is making progress in restructuring some $18 billion in borrowings after defaulting on its offshore bonds, as Singapore-listed Keppel REIT posts a 1 percent year-on-year increase in distribution per… Read More>>
Hong Kong Home Price Decline Slowed in March and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s sagging home prices stabilised in March as the latest COVID wave ebbed, beleaguered mainland developer China Evergrande plans a sales blitz for the long May Day holiday, and Singapore industrial rents… Read More>>
Frasers Property Names Soon Su Lin As Singapore CEO
Over two years after saying goodbye to its long-term head of Singapore, Frasers Property Ltd has appointed Soon Su Lin to lead its home city operations, giving Frasers Property Singapore its first chief executive since 2019.
Soon, who led the… Read More>>
China Pushes Developers to Make Bond Payments and More Asia Real Estate Headlines
The ongoing debt drama of China’s defaulting developers and their anxious creditors entered a new stage this week as the country’s top planning body, the NDRC, has issued a statement pushing companies to pay their offshore bond obligations and better… Read More>>
CapitaLand Sets Up Sustainable Innovation Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, real estate giant CapitaLand hatches a five-year fund to boost innovation and sustainability, another Hong Kong parking spot goes for an eye-popping sum, and Singapore’s retail and office REITs outperform despite recent COVID… Read More>>
CDL REIT May Include HSBC London HQ and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, HSBC’s London headquarters is a potential cornerstone holding of a planned CDL REIT, co-living operator Hmlet scores a $6 million infusion to help turn around its fortunes, and a Frasers-sponsored Singapore trust obtains… Read More>>
FCT to Divest Singapore Shopping Centre for S$110M and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, a Singaporean trust prepares to sell a shopping centre for S$110 million, GLP forms a China fund to buy Shanghai port assets, and McDonald’s breaks ground on an industrial park in… Read More>>
KKR Leads $1B Buy of Walmart’s Japan Grocery Business and More Asia Real Estate Headlines
Today’s roundup of regional news headlines features Walmart unloading its majority stake in a Japanese supermarket chain, embattled Goldin Financial scrapping a previously announced share placement, and resort operator Genting Singapore swinging to a net profit in the third quarter… Read More>>