An early investor in one of Asia’s largest logistics developers leads today’s real estate headlines from around the region with news that the South Korean company has wheeled some $408 million in cash out of its pre-IPO investment in… Read More>>
Evergrande Shares Plunge as Income Drops 46% and More Asia Real Estate Headlines
Soon after announcing a spin-off plan that could bring in $3 billion, China Evergrande Real Estate released a profit warning on Monday that could keep the finances of the indebted developer on edge after net income dropped to just RMB… Read More>>
Alibaba Takes on Half of S$365M Debt in SG’s AXA Tower Deal and More Asia Real Estate Headlines
A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>
IndoSpace Buys India Logistics Park and More Asia Real Estate Headlines
Warehouse fever leads today’s real estate news from around Asia as a GLP-backed developer and fund manager acquires a new property in the city of Gurgaon in India’s National Capital Region.
Meanwhile in Hong Kong, enterprising real estate brokers are… Read More>>
Home Prices Rose in China’s Biggest Cities in December and More Asia Real Estate Headlines
Despite six months of policies restricting sales, 59 of 70 cities surveyed by the Chinese government still reported rising home prices last month as homebuyers do not yet seem deterred over reports of rising risk in the market. Also in… Read More>>
Hong Kong Home Sells for $37M Per Bedroom and More Asia Real Estate Headlines
Leading today’s news, Hong Kong’s housing affordability may be a hot topic for most of the city’s seven million inhabitants, but developer Wheelock is doing just fine marketing homes that cost about the same amount as the GDP of small… Read More>>
CPPIB Commits $500M to India Logistics JV With IndoSpace
The Canada Pension Plan Investment Board (CPPIB) is investing $500 million into a logistics real estate joint venture in India in the Canadian fund manager’s latest commitment to the subcontinent.
CPPIB is investing the funds as an initial commitment to… Read More>>