In today’s roundup of regional news headlines, the head of HSBC warns of at least two more years of pain in China’s commercial property market, Yanlord Land Group announces its subsidiary’s winning tender for the Lentor Central site in Singapore,… Read More>>
Temasek, UBS Funds Back Vanke Services IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Vanke lines up some heavy-hitting cornerstone investors for its property services IPO, GuocoLand hails a successful sales launch at its Lentor Modern project in Singapore, and a city-state residential site retries a… Read More>>
Asia Real Estate People in the News 2022-09-19
China’s challenging real estate markets continue to generate churn this week, with one of the country’s top data centre operators announcing a change in chief executives, and a Shenzhen-based developer continuing to name new directors at some of its largest… Read More>>
Asia Real Estate People in the News 2022-09-12
China’s defaulting developers lead this week’s list of personnel moves from around the region as a pair of Hong Kong-listed players announce changes to their senior management. Also making the list is a former ARA Asset Management deputy CEO who… Read More>>
WeWork Launches Singapore Co-Working Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, co-working giant WeWork launches a 21-floor location at Singapore’s Collyer Quay, HSBC cuts staff from its Hong Kong-based China debt team, and Fosun Tourism Group’s shares dip after its parent firm reportedly reduces… Read More>>
Asia Real Estate People in the News 2022-08-29
The fallout from a set of investigations into executives at state-run developers in China leads this week’s set of personnel updates on Mingtiandi, with the chairman of two Hong Kong-listed units of Xiamen C&D Group making a hasty exit. Also… Read More>>
Kaisa Reports Progress Repaying $18B in Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-saddled developer Kaisa Group is making progress in restructuring some $18 billion in borrowings after defaulting on its offshore bonds, as Singapore-listed Keppel REIT posts a 1 percent year-on-year increase in distribution per… Read More>>
CapitaLand to Acquire Vietnam Mixed-Use Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, CapitaLand’s development arm agrees to acquire a mixed-use site in Ho Chi Minh City, China Vanke readies a Hong Kong IPO of its property management division, and reports emerge of Evergrande’s EV unit… Read More>>
CITIC Takes Over $9B in Kaisa Shenzhen Projects in Debt Restructuring
Kaisa Group, the second-largest US dollar bond issuer among Chinese property developers after China Evergrande, appears to have found its white knight.
State-run Chinese conglomerate CITIC, a main creditor of the cash-strapped developer, has taken over stakes in five Kaisa… Read More>>
Kaisa CEO’s Hong Kong Luxury Home Reportedly Sells at 15% Loss
A high-end Hong Kong home once owned by Kaisa Group boss Mai Fan has been sold by receivers for HK$300 million ($38.2 million), chalking up a 15 percent loss, according to local media accounts.
Mai, the vice chairman and chief… Read More>>
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