It’s traditional to get rid of things you don’t need and to pay off debts before Chinese New Year, and China’s HNA Group appears to be honoring this heritage with the revelation of a planned sale of $16 billion in… Read More>>
HNA to Develop Kai Tak Site Alone and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, HNA said it would not partner with Sun Hung Kai Properties to develop the site in former Kai Tak airport. Also in the headlines, Henderson Land paid HK$2.5 billion as land premium for… Read More>>
HNA Said Selling Sydney Tower to Blackstone for $161M
Earlier this month Stephen Schwarzman presented an award to HNA in New York, but the Blackstone boss took home the real prize this past week when his investment firm reportedly agreed to buy a downtown Sydney office tower from the… Read More>>
Chinese AI Firm Sets Up in Singapore and More Asia Real Estate Headlines
Leading today’s roundup of property news, a Chinese artificial intelligence firm has opened a new office in Singapore and plans to hire up to 60 researchers. Also in the headlines, Colliers is marketing a package of seven hotels across Thailand’s… Read More>>
Blackstone Chief Presents Brand of the Year Award to HNA
Chinese conglomerate HNA has faced a barrage of bad news lately, as four of its mainland-listed companies halted trading and the once super-buyer has now turned high-interest borrower.
There was at least a ray of sunshine for the airlines to… Read More>>
HNA Borrowing Cash From Sun Hung Kai for Kai Tak Projects
China’s HNA Group is in talks with leading Hong Kong developer Sun Hung Kai Properties for a loan to refinance its repayment liabilities in connection with its residential mega-project in the city’s Kai Tak area, according to a media report.
Mainland Lenders Said to Freeze HNA’s Credit and More Asia Real Estate Headlines
One of China’s most aggressive investors leads today’s headlines again, and for all the wrong reasons. Following after the news of HNA’s missed payments and abandoned deals, one of the mainland’s biggest developers gets some more digital ink for its… Read More>>
Wanda Said Cutting Internet Staff From 6000 to 300 and More Asia Real Estate Headlines
Mainland authorities got attention this year for pushing back against Christmas celebrations on the mainland, and it looks like Santa may have taken this badly after the stockings full of coal that some of China’s best-known firms received over the… Read More>>
Vanke and Evergrande Buy RMB 8.6B in Shenzhen Land and More Asia Real Estate Headlines
The rush to complete deals before the end of the year continues this week with Vanke and Evergrande paying more than $1.3 billion for a pair of plots in Shenzhen, while China’s second largest lender will pay you to let… Read More>>
HNA Said Putting $6B in Global Properties on the Market and More Asia Real Estate Headlines
China’s gray rhinos are back in the news today as HNA Group is reported to be trying to sell a $6 billion property portfolio even faster than it snatched up the collection of hotels, office buildings and other assets. Wanda’s… Read More>>
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