Changes at a trio of Hong Kong-listed companies lead this week’s review of personnel moves from around Asia’s real estate industry as a pair of mainland China groups name new leaders and the stock exchange itself adds talent.
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Frasers, Gemdale JV Buys Site in Shanghai’s Songjiang and More Asia Real Estate Headlines
Frasers Property announces a Shanghai residential project in collaboration with mainland builder Gemdale, with that joint venture leading today’s headline roundup. Also making the list, Singaporean giant CDL posts a steep profit drop and Hong Kong’s Sino Land reports its… Read More>>
Macquarie Said Selling Seoul Hotel to KB AMC for $119M and More Asia Real Estate Headlines
Australian investment giant Macquarie is close to selling a Seoul hotel to KB Asset Management, with that report leading today’s headline roundup. Also in the news, a KKR-managed REIT acquires a western Tokyo logistics site and Singapore’s UOL teams with… Read More>>
GIC Industrial JV Buys Vancouver Project for $100M and More Asia Real Estate Headlines
GIC teams with a Canadian REIT to buy a North Vancouver industrial project, with that deal leading today’s headline roundup. Also in the news, Singtel’s Nxera secures financing for a Singapore data centre and Temasek’s SeaTown lends $100 million to… Read More>>
China Home Sales Slump Continued in July and More Asia Real Estate Headlines
China’s residential slump deepened in July, with that story leading Mingtiandi’s headline roundup today. Also making the list, a Hong Kong mansion sells for 60 percent of the asking price and China’s Gemdale unloads a Seattle apartment tower for $174… Read More>>
Wanda Selling Insurance Unit to Hometown SOE and More Asia Real Estate Headlines
Just over a month after closing on a deal to sell his mall management business, China’s one-time richest man leads Mingtiandi’s headline roundup today with a report that his Dalian Wanda Group will sell its insurance business to a state-backed… Read More>>
Gemdale Sells Shenzhen Project for $463M and More Asia Real Estate Headlines
Mainland developer Gemdale is selling a commercial and residential complex project in Shenzhen for $463 million, with that story leading today’s collection of headlines from around the region. Also in the news, EC World REIT says three of its properties… Read More>>
Asia Real Estate People in the News 2023-10-23
A new head of finance for Singapore’s Keppel Corporation leads today’s review of personnel moves from around the region, as the Temasek-backed group continues to transform itself. Also making the list is a top-level transition at China’s Gemdale and a… Read More>>
Gemdale Chairman Exit Triggers Latest China Crisis and More Asia Real Estate Headlines
The chairman of China’s Gemdale Properties resigned on Tuesday after 25 years leading the company and a resulting meltdown in the company’s stocks and bonds leads today’s collection of real estate headlines from around the region. Country Garden also makes… Read More>>
Keppel Land Exits Shanghai Apartment JV with Gemdale in $112M Sale
A unit of Singaporean conglomerate Keppel Corp is selling its stake in a residential development project in Shanghai’s suburban Jiading district for RMB 783 million ($112.3 million), exiting the joint venture it formed two years ago with local developer Gemdale… Read More>>
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