In today’s roundup of regional news headlines, China’s R&F Properties comes up short of funds for a planned bond buyback, fellow mainland developer Shimao reportedly defaults on a trust product of its own, and Amazon’s arbitration process against Future Retail… Read More>>
Blackstone has agreed to acquire the remaining 30 percent interest it does not already own in a Guangzhou logistics park for RMB 3.4 billion ($540 million), signalling faith in the mainland market after regulators blocked the private equity giant’s buyout… Read More>>
In today’s roundup of regional news headlines, Japan’s Mitsui completes the disposal of a California apartment project, Chinese developer Shimao issues a warning as sales slump, and northern Hong Kong villagers cry foul over plans to convert ancestral land… Read More>>
Under pressure from the slow-motion collapse of competitor China Evergrande and needing to pay off RMB 12 billion ($1.86 billion) in capital market debt in the next 12 months, the controlling shareholders of Guangzhou R&F Properties worked out a pair… Read More>>
In today’s roundup of regional news headlines, China strikes back at Western apparel brands over their allegations of forced labour in Xinjiang, mainland developers report slimmed-down debt levels in their annual results, and the country’s $1 trillion sovereign wealth fund… Read More>>
Blackstone is back in the news today as a story about the US private equity giant winning a $500 million investment from Korea’s National Pension Service leads today’s collection of headlines from around the region.
Also in… Read More>>
In our latest roundup of regional news headlines, private equity bigfoot Blackstone cinches a sizeable stake in a Guangzhou logistics park, advertising giant Dentsu considers putting up its Tokyo headquarters building for sale, and Frasers Property scraps a Vietnam joint… Read More>>
In this edition of Mingtiandi’s news roundup, a Singapore-listed property group expands its hometown presence with the acquisition of some industrial assets, a Guangzhou developer’s shares tumble amid reports of a city-led bailout, and Carrefour closes on the purchase of… Read More>>
America’s largest landlord has made the biggest-ever purchase of an industrial real estate asset in China, as Blackstone has agreed to acquire a majority stake in a Guangzhou logistics park for $1.1 billion, according to an announcement today.
Blackstone is… Read More>>
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>>