In today’s roundup of regional news headlines, debt-saddled developer Kaisa Group is making progress in restructuring some $18 billion in borrowings after defaulting on its offshore bonds, as Singapore-listed Keppel REIT posts a 1 percent year-on-year increase in distribution per… Read More>>
Macau Casinos Shuttered as City Locks Down and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Macau orders a citywide lockdown in response to a COVID-19 surge, mainland developer Longfor’s property management unit files for a Hong Kong IPO, and South Korea’s top pension fund manager reports a wave… Read More>>
R&F Gets Nod to Extend Annual Report Delay and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Hong Kong stock exchange lets developer Guangzhou R&F delay the release of its 2021 results until August, China’s international infrastructure bank mulls opening its first overseas office, and debt-stricken Evergrande rallies creditors… Read More>>
UOBKH Says Sweetened Bid for Ong Family’s Hwa Hong Could Be Topped
UOB Kay Hian says the latest takeover bid for Hwa Hong Corporation is fair and reasonable, and while noting that recent moves by the SGX-listed firm’s board might help to boost value or bring a higher offer, recommended that shareholders… Read More>>
Hulic to Develop Tokyo Data Centre and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Japanese developer Hulic eyes construction of a data centre in Tokyo’s Nihonbashi area, China Resources Land obtains a one-year credit facility, and a director of Singapore-listed Hwa Hong voices concerns about the property… Read More>>
Zhongliang Gets Extension on $629.8M in Bonds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer Zhongliang wins a repayment extension from holders of some of its offshore bonds, a GIC-backed venture completes the disposal of a San Francisco hotel, and the Singapore government puts three residential… Read More>>
Korea’s JR AMC Buys $140M Stake in NY Office Building and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Korean asset manager buys nearly half of an office asset in midtown Manhattan, PGIM Real Estate exits an investment in Seoul, and a Warburg Pincus affiliate takes a stake in an operator… Read More>>