HNA may have shattered price records when it scooped up a series of residential sites in Kai Tak in recent months, but the mainland conglomerate says it’s all part of an effort to tame the city’s skyrocketing housing costs.
The… Read More>>
HNA Suing Fugitive Tycoon for Defamation and More Asia Real Estate Headlines
At the top of today’s headlines, one of China’s biggest buyers of overseas assets is joining what seems like a parade of mainlanders taking a swipe at fugitive tycoon Guo Wengui in New York’s courts. Also in the news, China’s… Read More>>
HNA Mega-Buys Turn Spotlight on Private Firm’s Govt Credit and More Asia Real Estate Headlines
Popping up in today’s headlines, HNA is the latest Chinese dealmaker to grab the attention of the New York Times, who look into how a privately held company gets a $60 billion line of credit from government banks. Also in… Read More>>
HNA Said Buying Kwun Tong View From Phoenix for HK$2 Bil
Maybe it’s the memories of jetliners buzzing the Kowloon shoreline, but China’s HNA seems to have a particular fondness for Hong Kong’s Kai Tak area. The mainland conglomerate is said to be finalising a deal to spend HK$2 billion ($257… Read More>>
Credit Squeeze Pushes Developers to Asset-Backed Securities and More Asia Real Estate Headlines
Readers of today’s headlines may be sharpening their screenwriting skills as the opportunity to write the Chinese version of the Big Short is looking more likely than ever before. Also, in the news, China’s richest man adds marathons to his… Read More>>
Asia Real Estate People in the News 2017-04-24
Leading off the region’s list of familiar faces in new places this week, one of the mainland’s biggest buyers of real estate has started acquiring talent as well, as a senior banking veteran gets a new ticket with HNA. Also… Read More>>
Global Investment Powerhouse HNA’s Development Division Lost $68M in 2016
China’s HNA Group became one of the world’s biggest investors last year by purchasing more than $10 billion in US assets last year, and snatched up at least that much or more in Europe, Asia and Australia. This string of… Read More>>
Listings Portal Juwai Lands Deal with Warren Buffett and More Asia Real Estate Headlines
At the top of the news today, America’s best known investor doesn’t seem too worried about the long-term effects of China’s capital controls, and the country’s developers also ramped up their bets on the domestic property market at the end… Read More>>
Dalian Wanda Announces $10B China Healthcare Scheme and More Asia Real Estate Headlines
Leading the news today, Wang Jianlin’s Dalian Wanda is ready to bet $10 billion that Sichuan residents will have some major healthcare needs, CY Leung notices that Hong Kong’s home market seems to be getting frothy, and JP Morgan coughs… Read More>>
HNA Set to Snatch Up 1.5m SQM of Warehouse Interests in $1b CWT Deal
China’s acquisition-happy HNA has captured global headlines again this week with its S$1.39 billion ($990 million) offer for Singaporean logistics services company CWT. Should the mainland conglomerate succeed in that nearly billion dollar buy, HNA would also instantly make itself… Read More>>