In today’s roundup of regional news headlines, Shanghai-backed Greenland Holdings rattles markets with its proposal to delay a bond redemption by one year, while defaulting developer China Evergrande unveils its own scheme to compensate offshore debt holders.
Xi Says China Will Build More Infrastructure and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese President Xi Jinping plans an infrastructure push to spur economic growth, the Hong Kong stock exchange’s profit drops amid an IPO drought, and a Good Class Bungalow on Singapore’s Olive Road finds… Read More>>
Asia Real Estate People in the News 2022-04-11
Departing directors lead this week’s roundup of personnel moves from around the region, with a pair of state-sector veterans leaving their board seats at China Fortune Land Development. Also losing some leadership is Singapore’s Surbang Jurong, which is saying goodbye… Read More>>
Oaktree Seizes Evergrande Hong Kong Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s closely watched debt restructuring risks being thrown into chaos after a creditor moves to seize the developer’s Versailles-like project in the Yuen Long area of Hong Kong’s New Territories. Also in… Read More>>
CDL, GuocoLand JV Place Top Bids in Singapore’s First Land Sale of 2022
Sites for luxury housing development continued to find favour with developers in Singapore’s first land sale of the year, despite new market restrictions put in place just one month ago, with local development giant CDL besting seven other bidders for… Read More>>
GuocoLand Promotes Singapore Team as Group CFO Steps Down
GuocoLand’s group chief financial officer Gregory Sim Chee Wah has stepped down after a year and a half of service to pursue personal endeavors, the Singapore-listed developer announced Wednesday, with the departure coming half a year after the developer named… Read More>>
Asia Real Estate People in the News 2021-11-01
Board moves at top developers lead Mingtiandi’s collection of real estate personnel updates from around the region this week, as Singapore-listed Guocoland names a new independent director and the Hong Kong-listed branch of China Poly Real Estate introduces a new… Read More>>
CDL Said Selling Seoul Hotel to IGIS for $849M and More Asia Real Estate Headlines
Distress leads the news today with reports from Korea and mainland China showing signs of tough financial times for real estate firms, including Singapore’s CDL selling a Seoul luxury hotel after suffering a disastrous 2020.
Also, a fresh set of… Read More>>
GuocoLand Net Profit Up 48% and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed developer GuocoLand posts a profit jump despite falling revenue, Sydney-based data centre operator AirTrunk opens its Japan headquarters, and Hong Kong home prices near a record high after rising for a seventh… Read More>>
POBA Commits $95M to AXA IM Life Science Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea’s biggest pension fund is revealed as an investor in AXA’s life science property fund, Singapore-listed Prime US REIT secures a loan to finance a recent Florida acquisition, and Hong Kong developer… Read More>>
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