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 Seeks to Raise RMB 2.7B From Sales of Shanghai, Sanya Hotels
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,… Read More>>
China Vanke Buys Out Beijing Complex in RMB 1.3B Deal with HNA
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… Read More>>
HNA-Backed HK Airlines May Axe More Flights and More Asia Real Estate Headlines
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>>
$1.7B Land Auction Postponed By Hong Kong Protests and More Asia Real Estate Headlines
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>>
Lenders to Sell Warehouse Unit of HNA’s CWT Intl and More Asia Real Estate Headlines
Logistics lead the way in Mingtiandi’s roundup of real estate headlines today as lenders plan to sell off the warehousing and metals trading units of a company controlled by cash-strapped conglomerate HNA, while shed projects in the Middle East are… Read More>>
HNA Finances Probed By Shanghai Exchange as Wheels Come Off Airline Empire
HNA Group’s primary real estate subsidiary, which had overdue credit obligations of RMB 1.3 billion as of 31 December, has been asked by the Shanghai stock exchange to explain apparent financial irregularities regarding its 2018 accounts.
In a notice posted… Read More>>
CapitaLand Tops APAC Fund Managers With $55.9B AUM and More Asia Real Estate Headlines
Singapore leads the way in our roundup of what’s hot in Asia real estate news today as the tropical city-state’s biggest developer again leads a list of the region’s biggest real estate fund managers with some $55.9 billion of assets… Read More>>
HK Airlines President Quits as HNA Saga Continues and More Asia Real Estate Headlines
HNA’s ongoing Hongkong Airlines saga leads the Mingtiandi roundup of Asia news again today as the financially challenged mainland investment conglomerate plays out its own version of Game of Thrones in the boardroom.
In other news around the region, Guangzhou-based… Read More>>
HNA Woes Deepen as HK Airlines Auditor Resigns and More Asia Real Estate Headlines
HNA’s turbulent financial trajectory leads the headlines from around Asia today with the news that the auditor at the company’s Hongkong Airlines affiliate has jumped ship, hopefully not taking the last parachute, while there could be stormy weather ahead for… Read More>>
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