China’s “three red lines” rules introduced last month appear to already be having an impact with Li Ka-shing’s sale of a Chengdu project said to be endangered by the new guidelines on restricting credit to indebted developers, according to a… Read More>>
Asia Real Estate People in the News 2020-08-17
New appointments in Tokyo, Shanghai, Hong Kong and Singapore feature in this week’s collection of people moves documented on Mingtiandi, as a German investment manager consolidates its Japanese operation and a Malaysian developer names a new chief of finance. There… Read More>>
Asia Real Estate People in the News 2020-07-20
Top level moves at developers in mainland China and Singapore lead this week’s collection of real estate people moves from around Asia Pacific as Guocoland’s CFO abruptly departs the company and Guangzhou’s Aoyuan Group puts in place a management team… Read More>>
GuocoLand Secures S$730M Green Loan for SG Project and More Asia Real Estate Headlines
A Singapore-listed developer leads Mingtiandi’s roundup of Asia real estate headlines today with news that the firm controlled by Malaysian billionaire Quek Leng Chan’s Hong Leong Company has secured the largest ever green loan for a real estate development in… Read More>>
GuocoLand Selling Shanghai Hotel to Dahua Group for RMB 1.44B
One of Southeast Asia’s largest developers has defied the COVID-19 crisis to sell a hotel property in Shanghai’s Putuo district at a mark-up of nearly 65 percent over its net book value, according to an announcement to the Singapore stock… Read More>>
Evergrande Online Discounts Boost Feb Sales and More Asia Real Estate Headlines
Online promotions lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that mainland China’s third largest developer by sales had a bumper February after offering buyers big incentives.
In other news around the region,… Read More>>
GuocoLand, Hong Leong JV Buys Chongqing Resi Site for RMB 1.68B and More Asia Real Estate Headlines
A joint venture between a pair of Singapore-listed companies leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the allied companies have purchased a residential plot in mainland China for $240 million, just… Read More>>
GuocoLand Adds S$800M Residential Site to Guoco Midtown Project in Singapore
GuocoLand is scaling up its S$2.4 billion ($1.73 billion) Guoco Midtown project by merging a S$800 million residential site acquired last month into the mixed-use development, according to a stock exchange announcement by the Singapore-listed developer.
The builder says it… Read More>>
Koreans Negotiating €1.3B-Plus Brussels Finance Tower Deal and More Asia Real Estate Headlines
A 36-storey office tower in Brussels leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the Korean consortium that snapped up Microsoft’s UK HQ last year is negotiating the purchase of Belgium’s biggest… Read More>>
Dyson Pays S$74M for Singapore’s Priciest Penthouse Ever
Britain’s pioneer of bagless vacuum cleaners and bladeless fans, James Dyson, has already broken new ground in his adopted home of Singapore, with the billionaire reportedly paying the highest price ever for an apartment in the city-state.
The man who… Read More>>
