Leading today’s roundup, a Korean asset management firm is putting a diplomatic spin on outbound investment by picking up a pair of buildings in Belgium housing the country’s foreign ministry. Also in the news, Singapore’s collective sale fever rages on… Read More>>
Asia Real Estate People in the News 2017-11-06
Several high-profile property execs are changing jobs and updating their titles in this week’s edition of People in the News, with a real estate investment veteran joining a global private equity giant and a top property group gaining a new… Read More>>
Hong Kong Home Sells for $37M Per Bedroom and More Asia Real Estate Headlines
Leading today’s news, Hong Kong’s housing affordability may be a hot topic for most of the city’s seven million inhabitants, but developer Wheelock is doing just fine marketing homes that cost about the same amount as the GDP of small… Read More>>
GLP Plans $1.5B Panda Bond Sale and More Asia Real Estate Headlines
Among the biggest real estate stories in the region today, GLP plans to raise $1.5 billion in renminbi denominated bonds, just after the company’s buyout was approved, and Lendlease decides to go Dutch in the sale of a stake in… Read More>>
Morgan Stanley Says China Outbound Deals Could Plunge 84% and More Asia Real Estate Headlines
At the top of today’s news, investment bank Morgan Stanley foresees an 84 percent plunge in Chinese outbound real estate investment this year, amid a widening crackdown on debt-fueled foreign acquisitions that has brought corporate giants like Anbang and… Read More>>
Fosun Chairman Praises China’s Outbound Crackdown and More Asia Real Estate Headlines
At the top of the news, Fosun’s Guo Guangchang says China’s clampdown on some of the country’s biggest buyers of overseas assets is a necessary measure to deal with “irrational investment” – which presumably doesn’t include his own firm’s recent… Read More>>
R&F Joining Sunac, Wanda in $9.3B Chinese Mega-Deal and More Asia Real Estate Headlines
So where’s Evergrande? At the top of today’s headlines, Guangzhou R&F, Wanda and Sunac appear to have formed an alliance of three of China’s most indebted developers to pull off a $9.3 billion deal announced last week. Looks like China’s… Read More>>
Developer Future Land Halts Trading for $2B Buyout Bid and More Asia Real Estate Headlines
China’s big buyout week continues to dominate the headlines today as a Shanghai-based developer plans a $2 billion buyback of its Hong Kong-listed shares. That deal comes as Dalian Wanda and Sunac trade places near the top of the mainland’s… Read More>>
Asia Real Estate People in the News 2016-10-03
It may be a holiday week, but that hasn’t stopped some of Asia’s real estate professionals from starting new positions. Nanjing’s Sanpower added a cross-border investment specialist, while Xinyuan Real Estate brought onboard a new CFO, and DTZ | Cushman… Read More>>
Future Land Plans to Sell Hongkou Homes for RMB 120K/SQM
Hong Kong-listed Future Land Development plans to sell high-end units at its new project in Shanghai’s Hongkou district for RMB 120,000 per square meter, representing more than a 20 percent premium over current selling prices in the area.
“There is… Read More>>