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>>
Yanlord, Perennial Lead $1.3B Deal for United Engineers and More Asia Real Estate Headlines
At the top of today’s news, Yanlord Land and Perennial Real Estate are leading a group to acquire United Engineers, the century-old Singaporean property firm, for $1.3 billion in one of the city-state’s biggest recent property takeover deals. Further north,… Read More>>
Asia Real Estate People in the News 2017-07-10
As usual, there were many more familiar faces in new places this week than we could possibly list in this brief column, but we lead off human resources roundup with a top level private equity executive packing up his desk,… Read More>>
Kaisa Hires Disney, Wanda Veteran for RMB 80 Bil Theme Park Plan
Noble Coker traded in his mouse ears for a seat at Wang Jainlin’s Wanda, and now the amusement park expert is joining mainland developer Kaisa Group to help get its rollercoasters off the ground.
On April 21, Kaisa announced that… Read More>>
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