China’s HNA Group continued to sell off its overseas portfolio this month as a subsidiary of the company announced that it was selling a set of golf courses in the US which it had purchased in 2016 amid a record-breaking… Read More>>
HNA Group is transferring ownership of its interest in a $3.6 billion New York trophy project as liquidity problems continue to challenge one of China’s most debt-laden conglomerates.
Under the terms of the deal set out in a filing to… Read More>>
In this week’s edition of Mingtiandi’s People in the News, family fortunes are the theme as a cash-strapped Hainan conglomerate names the chairman’s son as group president, and a Singapore-based developer promotes another young prince to deputy CEO.
In other… Read More>>
A Shanghai-based apartment rental platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company has raised $300 million from investors including a private equity firm founded by the soon-to-be-retiring… Read More>>
The woes of a financially troubled conglomerate lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hainan-based group is shedding cash at a much faster rate than it is relieving its debt… Read More>>
A backfiring conglomerate leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the debt-laden company that had golf courses seized four months ago is said to have received help to repay a $300… Read More>>
HNA Group is putting up for sale a pair of hotels, one each in Shanghai and in Hainan province, as the financially-troubled mainland fights to stay solvent.
The two hospitality properties, both of which are fully completed and operational, could… Read More>>
Financially-troubled HNA Group has sold the remaining 75.10 percent stake of a Beijing commercial complex to a subsidiary of China Vanke for a total consideration of RMB 1.304 billion ($190 million), according to a filing to the Shanghai Stock Exchange.
HNA’s increasingly turbulent flight path leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news of trouble in the cockpit as long-haul flights at Hong Kong Airlines may be axed, while bounteous fund raising by mainland… Read More>>
A dumped $1.7 billion land auction leads the way in Mingtiandi’s roundup of real estate headlines today with the Hong Kong government having postponed the sale of a residential site in Kowloon amid street protests against the now delayed… Read More>>