Kaisa Group Holdings has expanded its foothold in Hong Kong as the Shenzhen-based developer beat out 14 other bids to take home a site in the New Territories, according to an announcement by Hong Kong’s Lands Department late Monday.
The… Read More>>
Kaisa Says $150M Xi’An Project Seized by Local Developers and More Asia Real Estate Headlines
Infamous for its 2015 debt defaults, developer Kaisa Group is back in the news this week with a new take on trouble, as the Hong Kong-listed firm now says that one of its Xi’an projects has been illicitly taken over… Read More>>
Asia Real Estate People in the News 2018-10-08
After making our way through days of mooncakes and national celebrations this past two weeks, Asia is back to work in earnest today with top level real estate investment and development executives finding new desks to launch their emails from…. Read More>>
Defaulting Developer’s RMB 1.4B Deal with Kaisa Held Up by Shenzhen Exchange
Less than three months after revealing that it had defaulted on more than RMB 1.1 billion ($174 million) in debts, beleaguered Chinese real estate developer Zhonghong Holdings is struggling to explain a deal with Shenzhen-based Kaisa Group that could bring… Read More>>
Asia Real Estate People in the News 2018-05-14
Leading today’s roundup of people moves, a formerly troubled Chinese developer has lured an investment banking veteran to take the reins as CFO, and a mid-sized Hong Kong property firm has welcomed a new MD for its commercial division. Wanda… Read More>>
Shanghai Disney Adds Toy Story Land as Rival Chinese Parks Struggle
Two weeks after a top Chinese government planning body warned against the “blind” construction of theme parks, Walt Disney unveiled the first expansion of its Shanghai Disney Resort with the presence of municipal government representatives sporting grins nearly as large… Read More>>
Kaisa Could Return to International Bond Market and More Asia Real Estate Headlines
One of the best-known names in Asian financial markets may be returning to the region’s bond trade as Kaisa Group hopes that the newfound appetite for Chinese developer debt may make investors overlook its 2015 default and 2016 restructuring. Also… Read More>>
Asia Real Estate People in the News 2017-11-20
In this week’s edition of People in the News, a top executive at a formerly troubled Shenzhen developer is joining the board of another builder in the southern Chinese megacity, while an asset management expert is upgrading his title at… Read More>>
Asia Real Estate People in the News 2017-10-02
It’s a holiday today in Hong Kong and in mainland China, but that doesn’t mean that people have stopped finding new roles as they pause to honor the big red country’s national day. Leading off this week’s people moves is… Read More>>
GIC-Backed Greystar Fund Buys US Developer for $4.4B and More Asia Real Estate News
At the top of today’s real estate headlines, a Greystar fund backed by Singapore’s sovereign wealth fund is buying out a US apartment developer for $4.4 billion, while one of Hong Kong’s richest families makes a $1.2 billion investment in… Read More>>
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