In today’s roundup of regional news headlines, Chinese authorities roll out fresh measures to encourage homebuying, with Shanghai officials reportedly considering a toned-down stimulus package for the megacity. Also on the list are Country Garden’s disposal of a project stake… Read More>>
Ho Bee Land Stung by $115M First-Half Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Ho Bee Land posts a six-month loss tied to the falling value of its London properties, and Chinese developer Fantasia’s shares tumble after a long trading halt. Also making the list are… Read More>>
R&F Co-Chairman Dodges Jail, Will Pay Fines for Bribing San Francisco Official
Guangzhou R&F Properties co-chairman Zhang Li has avoided jail time and will not see criminal charges after admitting to bribing a local official in order to secure approvals for a San Francisco mixed-use project.
Under the deal reached with US… Read More>>
Carlyle Seeks $4B Exit Deal for McDonald’s China and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US private equity giant Carlyle Group reportedly seeks a buyer for part of its stake in McDonald’s China, and McKinsey warns on remote work. Also on the list, Guangzhou R&F Properties faces a… Read More>>
China Property Investment Dip Accelerates in May and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, investment in China real estate shows no signs of picking up after tumbling in the first five months of the year, and R&F Properties’ Zhang Li agrees to extradition to the US… Read More>>
R&F-Linked US Properties Sold Off as Mainland Developer Continues Debt Struggles
Still under arrest in London while fighting extradition to the US on corruption charges, Guangzhou R&F Properties co-chairman Zhang Li is selling off some of his California properties, including a ranch in Santa Clara and a commercial building in San… Read More>>
Chip Eng Seng Offer Deadline Extended 2 Weeks and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Gordon and Celine Tang delay the closing date of their offer for Singapore’s Chip Eng Seng to mid-February, and more Chinese cities lower mortgage rates to encourage first-time homebuyers.
Tangs… Read More>>
Twelve Chinese Cities See New Home Prices Rise and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a survey finds an increasing number of Chinese cities reporting a rise in new home prices amid a string of stimulus policies and the relaxation of COVID containment measures.
More… Read More>>
Seasonal Lull Thumps Singapore Condo Resales and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a report says resale transactions of Singapore condo units tumbled for a third month in a row as viewings slowed, and Hong Kong’s home price downturn puts more owners in a negative equity… Read More>>
Wanda Led China’s Commercial Developers Again in 2022 with 7% Growth
China’s top commercial developers saw their operating income rise more than 5 percent in 2022, with Dalian Wanda Group’s mall-building business once again dominating the pack, as the mainland’s housing market crisis and sluggish economy left the country’s largest commercial… Read More>>
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