In today’s roundup of regional news headlines, China’s R&F Properties scraps a high-profile residential project in Brisbane, Hong Kong developers throw their weight behind Beijing’s preferred candidate for chief executive, and home prices in Asia’s most expensive cities ease after… Read More>>
Keppel Fights Lawsuit Over Jakarta IFC Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Keppel Corp defends against a land ownership claim by an individual in Indonesia, Guangzhou-based developer R&F seeks an extension on construction of a South Korean casino, and China Vanke’s chairman tells employees… Read More>>
Evergrande CEO Sold $128M in Bonds Pre-Default and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s CEO discloses how he dumped bonds issued by the group ahead of last year’s debt default, fugitive billionaire Guo Wengui’s lawsuit against Swiss banking giant UBS clears a legal hurdle, and… Read More>>
KKR to Acquire Sofitel Sydney Wentworth From Frasers Hospitality Trust for $236M
KKR’s new head of Australia real estate is already having an impact, as the US private equity giant has struck a deal to buy the landmark Sofitel Sydney Wentworth from Frasers Hospitality Trust for A$315 million ($236.7 million).
Singapore-listed FHT… Read More>>
Tencent Cloud Launches First Indonesia Data Centre And More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese internet giant Tencent launches its first data centre in Indonesia, the investment arm of Canada’s biggest pension plan announces an Indian office joint venture with developer RMZ, and another Indian developer, Macrotech,… Read More>>
Singapore’s Frasers Hospitality Trust Names Eu Chin Fen as CEO
After losing its chief executive to a senior role with the Singapore government, the manager of SGX-listed Frasers Hospitality Trust has chosen Eu Chin Fen as its new leader, adding to the roster of female bosses heading REITs listed in… Read More>>
US-China HK Spat Puts Hang Lung in $132M Limbo and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Hong Kong developer feels the heat from China’s row with the US over a property sale, Singapore’s Mapletree aims to raise €500 million for its first European office fund, and the online… Read More>>
Asia Real Estate People in the News 2019-05-27
In this week’s edition of People in the News, a big Singapore developer makes a change at the top of its listed hospitality trusts, while a boutique investment firm which helped in the recent $1.34 billion acquisition of Beijing’s Dinghao… Read More>>
Chinese Developers Feast on Competitor Debt and More Asia Real Estate Headlines
Some of China’s largest developers may be enjoying the country’s current economic squeeze by engaging in some financial cannibalism, as giants such as Country Garden and China Vanke, with the help of private equity investors, fill their plates with a… Read More>>
Asia Real Estate People in the News 2019-02-18
This week in Asia’s real estate world, one of Singapore’s oldest conglomerates announced that the founder of its serviced apartment division would be leaving after more than twenty-two years with the company, and a Chongqing-based developer made space for a… Read More>>