Singapore’s GIC drops the sale of its landmark Seoul Financial Center after bids failed to satisfy the sovereign giant, with that story leading today’s headline roundup. Also in the news, SGX-listed Cromwell E-REIT agrees to sell a pair of office… Read More>>
Kaisa Marketing Hong Kong Headquarters Floor for $64M After 43% Drop in Value
Defaulted Chinese developer Kaisa Group Holdings is marketing an office floor which serves as its headquarters in Hong Kong, with the strata-titled asset having lost nearly half its value since the company purchased the space over five years ago.
Shenzhen-based… Read More>>
Asia Real Estate People in the News 2024-10-28
Mingtiandi’s review of personnel moves from around the Asia leads this week with a scion of one of Hong Kong’s best-known families adding a new position to his roster of roles at the clan’s businesses. Also making the list is… Read More>>
CapitaLand Close to Buying Stake in Fosun’s Club Med and More Asia Real Estate Headlines
CapitaLand Investment leads today’s Mingtiandi headline roundup, with the Singaporean firm said to be eyeing a stake in Fosun International’s Club Med resort chain. Also in the news, Singapore home sales are on track to hit their lowest since the… Read More>>
Asia Real Estate People in the News 2024-09-16
A pair of director changes at Hong Kong-listed developers lead this week’s roundup of personnel moves from around Asia’s real estate world, with Shenzhen-based Kaisa and Hong Kong’s HKRI making senior-level changes. Also in the news is the passing of… Read More>>
CapitaLand Sells US Apartment Complex for $73M and More Asia Real Estate Headlines
CapitaLand leads today’s headline roundup at Mingtiandi, with the Singaporean giant completing the disposal of a US apartment complex. Also making the list, Chinese developer Shimao posts a massive six-month loss and casino operator The Star receives bad news from… Read More>>
Hong Kong’s Henderson Land Sees Earnings Fall by Half and More Asia Real Estate Headlines
Henderson Land leads Mingtiandi’s headline roundup today, with the blue-chip developer reporting a profit plunge aggravated by Hong Kong’s weak office market. Also making the list, Champion REIT sues an upscale Hong Kong gym chain over unpaid rent and Chinese… Read More>>
China’s Kaisa Rolls Out Restructuring Deal and More Asia Real Estate Headlines
Defaulted developer Kaisa Group leads today’s headline roundup as the Shenzhen-based firm hammers out a deal with a group of bondholders. Also making the cut, Hong Kong homebuyers are increasingly forfeiting their deposits and Bank of China is switching auditors.
Hong Kong Businessman Loses Aussie Resort Island and More Asia Real Estate Headlines
Australian authorities have stripped a Hong Kong businessman of a stalled Queensland resort project, with that story leading Mingtiandi’s headline roundup today. Also making the news is a bargain-hunting Australian pension fund and Shenzhen’s Kaisa Group wins a reprieve in… Read More>>
Tokyo New Home Prices Continue to Slide and More Asia Real Estate Headlines
A three-month skid in Tokyo’s average home price leads Mingtiandi’s headline roundup today as condo values slide in the city’s central wards. Singapore’s Mapletree also makes the news with a US student housing disposal and a mainland tenant gets a… Read More>>
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