Asia Pacific real estate investment news and information
A builder once ranked among China’s largest developers has fallen still further into distress with Guangzhou R&F Properties announcing on Sunday that it has failed to make interest payments on offshore bonds worth a total of $4.53 billion.
The developer… Read More>>
Guangzhou R&F Properties on Monday was served with a winding-up petition in Hong Kong’s High Court by a creditor linked to Singapore’s Temasek Holdings, with the legal motion coming despite a recent series of restructuring deals agreed with the Chinese… Read More>>
One of China’s most creative developers leads today’s headline roundup with Guangzhou R&F setting a new Mingtiandi record by selling a project in South London for the third time. KKR also makes the news today with a REIT managed by… Read More>>
India leads this week’s collection of personnel moves from around the region, as Apollo Global Management is said to be witnessing some turnover. Also making the list are new directors at Guangzhou R&F Properties and Hong Kong’s Swire Properties.
Guangzhou R&F Properties (R&F) this week averted default on an £800 million project loan for its One Nine Elms development in southwest London, signing a deal to sell the $1.3 billion UK condo and hotel project after winning consent from… Read More>>
A controlling stake in South Korea’s IGIS Asset Management has gone on the market, with that story leading today’s headline roundup from around the region. Also making the list, Deutsche Bank is not impressed by restructuring plans at China’s Shimao,… Read More>>
Shopee parent Sea Ltd appears to be giving up its struggle to find a replacement tenant to take over its 10-year lease in a CapitaLand business park as it scales back its office space, with that story leading Mingtiandi’s headline… Read More>>
Cheung Chung-kiu has once again come to the rescue of his Chinese billionaire builder brethren, with the chairman of mainland developer CC Land inking a preliminary agreement to buy a $1.3 billion London project from Guangzhou R&F Properties for HK$1… Read More>>
SGX-listed developer Ho Bee Land leads today’s roundup of real estate headlines with a warning of losses on the way in its 2023 results as the country’s property woes seep into industrial markets. Also making the news, China’s real estate… Read More>>
Guangzhou R&F Properties has announced the resignation of co-chairman Zhang Li as a board member and CEO, effective 29 December.
Zhang, who co-founded the developer with Hong Kong businessman Li Sze Lim in 1994, stepped down “due to his other… Read More>>
