Hong Kong’s deadliest fire in decades is raising questions on construction standards after dozens died in a complex under renovation. Also making the news today, Singapore lines up more land sales and Mirae is said to have asked Korean authorities… Read More>>
Joy City Property Eyes $370M Share Buyback in Bid to Privatise Mainland Builder
The board of Joy City Property on Thursday proposed a HK$2.93 billion ($370 million) buyback of the mainland commercial developer’s shares as part of a plan to take the Hong Kong-listed company private.
Joy City would be wholly owned by… Read More>>
Asia Real Estate People in the News 2024-12-23
A Korean appointment leads this week’s review of personnel moves from around Asia’s real estate industry, with a French investment manager adding to its team in Seoul. Also making the lists are board moves at a Singapore-listed REIT and at… Read More>>
Asia Real Estate People in the News 2024-07-01
New leadership at a Singapore-listed REIT leads this week’s review of personnel moves from around Asia, as Frasers Centrepoint Trust names a new CFO. Also, major mainland commercial developer has appointed a new chairman and PGIM makes the list with… Read More>>
Asia Real Estate People in the News 2023-12-18
After a year of good behaviour some of Asia’s most senior real estate executives are getting new jobs for Christmas, leading with the head of China’s CITIC Group, who has been called to lead the country’s Forex regulator. Also making… Read More>>
Asia Real Estate People in the News 2023-11-13
New directors for a pair of Singapore-listed REITs lead this week’s review of personnel moves from around Asia’s real estate industry, as both Lendlease Commercial REIT and ESR-Logos REIT add to their boards. Also making the list is an upgrade… Read More>>
Asia Real Estate People in the News 2022-10-03
Top-level changes at fund managers and developers lead Mingtiandi’s roundup of personnel moves this week as M&G appoints a new global chief executive and a pair of mainland property developers unveil new leaders for their boards. Also in the news,… Read More>>
Asia Real Estate People in the News 2021-04-05
The region’s real estate community is entering the second quarter of 2021 with fresh hopes for a recovery from the coronavirus pandemic and a flurry of new roles for professionals in Beijing, Singapore and other points around Asia. This week… Read More>>
COFCO Property, Joy City Rebranded as Grand Joy After Mainland Merger
One of China’s largest property developers is now carrying a new brand after COFCO Property (Group) Co. Ltd announced on March 1st that it would change its name to Grand Joy Holdings Group Co., Ltd.
The rebranding of the Shenzhen-based… Read More>>
COFCO Property Wins Approval To Buy Back Joy City for $2.15B
COFCO Property has been given a green light by the China Securities Regulatory Commission (CSRC) to buy back a controlling 64.18 percent stake in Hong Kong-listed commercial real estate developer Joy City Property for RMB 14.76 billion ($2.15 billion), re-integrating… Read More>>