In today’s roundup of regional news headlines, Sunac’s shares soar after the Chinese developer denies reports that it requested help from a city government, shares of Evergrande NEV plunge after the electric-car unit issues a liquidity warning, and JLL says… Read More>>
Evergrande Signs Deal to Avoid Bond Default and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande reaches an agreement with onshore bondholders to avoid default, while the beleaguered developer’s electric car unit tries to boost morale by dishing out stock options to staff.
In non-Evergrande news,… Read More>>
China’s Beike Exploring Hong Kong Listing and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a report says housing broker Beike is contemplating a Hong Kong stock listing, debt-laden Evergrande’s heavy discounts fail to boost property sales, and analysts fear that China may be going too far with… Read More>>
Asia Real Estate People in the News 2021-07-26
A senior-level promotion at developer Hines’s Greater China operation leads Mingtiandi’s roundup of personnel moves this week, with Shenzhen-based Kaisa Group adding more than the usual level of drama by appointing a 22-year-old daughter of group chairman Kwok Ying Shing… Read More>>
Ascendas REIT Selling 3 Aussie Assets for A$125M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, SGX-listed Ascendas REIT disposes of three industrial assets Down Under, Kaisa boss Kwok Ying-Shing officially takes over at Hong Kong’s Sing Tao News, and South Korea’s Shinhan REITs is set to buy an… Read More>>
DBS to Cut Office Space in Singapore Hub and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singapore-based banking giant DBS makes plans to trim its office space in the city, consultancy JLL mulls the sale of its China property management business, and the Kwok family’s designs on Hong… Read More>>
Kaisa’s Kwok Family Continues Fight for Convoy as Triads Disrupt Board Meeting
The latest attempt by individuals connected with Kaisa Group Holdings to force loyalists onto the board of Hong Kong asset manager Convoy Global Holdings was frustrated this past week at a set of board meetings that saw a slate of… Read More>>
Kaisa Ploy to Keep Control of Nam Tai Thwarted by BVI Court
An activist investor has notched a win in its running battle for control of Shenzhen-based developer Nam Tai Property, as a court ruled Wednesday that directors tied to mainland group Kaisa had acted improperly in signing off on a private… Read More>>
China Fortune Land Defaults on $813M Debt and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, a mainland Chinese developer becomes the first victim of strict deleveraging rules, JD Logistics is reportedly targeting a $2 billion IPO this month, and a tycoon’s daughter snaps up control of Hong… Read More>>
Kaisa’s Kwok Family Thwarted in Bid for Control of Hong Kong Finance Firm Convoy
A son of the chairman of Shenzhen developer Kaisa Group Holdings failed in a bid to wrest control of troubled Hong Kong finance firm Convoy Global Holdings this past week, as a shareholders meeting was halted after just ten minutes.
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