Board reshuffles at some of China’s largest developers lead this week’s collection of job changes in Asia Pacific, with Guangzhou R&F promoting a company veteran and Modern Land appointing a new non-executive director. There are also two senior-level shifts in… Read More>>
The latest chapter in the saga of a US hotel portfolio belonging to a naughty mainland insurer leads Mingtiandi’s roundup of real estate headlines today with the news that a South Korean financial services group has been named the… Read More>>
Z&L Properties, which is privately funded by Guangzhou R&F Properties’ co-founder Zhang Li, has been kicked off two of its four development projects in California’s Silicon Valley after failing to hit contractually designated project milestones, according to local media.
San… Read More>>
Blackstone has some fans in Korea, as one of the North Asian nation’s largest public pension funds has decided to invest $100 million with the US private equity giant’s real estate debt fund, according to Korean media reports. That story… Read More>>
Trade wars may be jarring financial markets in Hong Kong and mainland China this week, but the market for mainland developer debt appears to be improving, with one of the major international ratings agencies predicting happier financial times ahead.
In… Read More>>
In early April, some of mainland China’s largest real estate developers continue to issue new dollar bonds as a spring sales recovery boosts demand for cash. Both Evergrande and Sunac made the headlines with their sales of $2 billion and… Read More>>
Our new year starts out with signs of struggle for a private equity unit of one of China’s biggest finance groups, as media reports emerge that China Minsheng Investment Group, the parent firm of Hong Kong-listed developer SRE Group, has… Read More>>
Mainland China’s top real estate developers have seen a bountiful year despite a downtrend in the past three months, with 26 developers reporting contracted sales exceeding RMB 100 billion ($15.5 billion) through the first 11 months of the year.
According… Read More>>
Top 20 mainland Chinese developer R&F Properties has asked shareholders to approve a HK$10.7 billion ($1.4 billion) sale of Hong Kong-listed shares, in its first equity fundraising effort since 2006.
The planned issue of H-shares comes two months after the… Read More>>
Goldman Sachs-backed co-working provider Atlas on Friday announced that it has completed a new round of financing which values the Guangzhou-based firm at HK$6.8 billion ($871 million) following completion of the investment.
The flexible workplace provider founded by Chen Sze… Read More>>