In today’s roundup of regional real estate headlines, debt-saddled conglomerate Dalian Wanda is attempting to extend a maturing debt facility, and flexible office giant WeWork loses another C-level executive. Also in the news, Singapore’s Keppel Group buys into a Vietnam… Read More>>
Top level turnover in mainland China leads this week’s collection of personnel updates from around Asia Pacific with units of red chip giant China State Construction and Engineering Co announcing leadership changes at the same time that HNA Group sees… Read More>>
In today’s roundup of regional news headlines, analysts applaud China’s 25-basis-point RRR cut but say further measures are needed, developer CIFI escapes a short-lived winding-up attempt, and an investment vehicle owned by APG and GIC acquires a Paris hotel.
In today’s roundup of regional news headlines, the seizure of China Evergrande’s Hong Kong headquarters is confirmed by public records as the debt-saddled developer pledges to restart dozens of stalled projects. Meanwhile, New York-based SL Green announces its acquisition of… Read More>>
A US arbitrator has ordered HNA Group to pay more than $185 million to SL Green, an investor in the Chinese conglomerate’s bankrupt Manhattan skyscraper, after the joint venture partners fell out over their failure to replace a departed anchor… Read More>>
In today’s roundup of regional news headlines, Chindata reportedly draws takeover interest from other data centre firms, a Singapore bank sues Chinese developer Shimao for delinquent debts, and failed conglomerate HNA announces the end of its restructuring work.
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>>
Four months after HNA chairman Chen Feng was detained by the Hainan police, creditors of his bankrupt empire have sold off a Hong Kong luxury home used by the jailed billionaire at a markdown of HK$116 million ($14.9 million) from… Read More>>
In today’s roundup of regional news headlines, the restructuring scheme for failed Chinese conglomerate HNA hits a snag in Australia, Singapore’s Keppel Capital plans to convert a Seoul hotel into an office building, and logistics developer Goodman raises its full-year… Read More>>
In today’s roundup of regional news headlines, South Korean investment firms are heading stateside as one looks to buy a half-stake in a Washington DC office building and two others complete the purchase of a California residential complex. In China,… Read More>>