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sun hongbin sunac

Sunac Pays Onshore Bond After Offshore Default and More Asia Real Estate Headlines

2022/05/16 by McDowell Ramintas Leave a Comment

Sunac China Holdings showed its grasp of the politics of Chinese debt over the weekend, with the top-five mainland developer reportedly making payment on a local bond less than a week after defaulting on offshore notes. Also in the news,… Read More>>

kei hoi pang Logan

Logan Selling 40% of Expressway Project to New World for $290M

2022/05/02 by Mingtiandi Team Leave a Comment

With RMB 35.9 billion in debts coming due this year, financially troubled developer Logan Group is selling 40 percent of an expressway project in southwestern China to Hong Kong’s New World Group for RMB 1.9 billion ($290 million).

Read More>>

kei hoi pang Logan

Moody’s Downgrades Logan Group Over Default Risk and More Asia Real Estate Headlines

2022/03/17 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, mainland developer Logan Group suffers a credit downgrade amid default risks, shares of cash-strapped Kaisa’s property management unit sink to a post-IPO low, and SGX-listed ARA US Hospitality Trust agrees to sell a… Read More>>

Zhang Yuliang of Greenland Group

How the Shanghai Govt Bailed Out Greenland Group and More Asia Real Estate Headlines

2022/03/16 by Mingtiandi Team Leave a Comment

In today’s roundup of regional news headlines, fresh details emerge about how Shanghai-based developer Greenland dodged default with government help, the slump in China home prices accelerates despite easing measures, and investors clear the way for PropertyGuru’s SPAC-led debut on… Read More>>

Wang Jianlin - Wanda

Wanda’s Mall Unit Said to Delay $3B IPO and More Asia Real Estate Headlines

2022/03/13 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, a report throws doubt on the planned Hong Kong IPO of Dalian Wanda’s mall unit, Chinese developer Logan makes an interest payment on an ailing bond, and private equity major KKR backs an… Read More>>

the paragon sg

SPH Chooses Temasek-Backed Offer Over Keppel and More Asia Real Estate Headlines

2022/02/11 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Singapore Press Holdings terminates Keppel’s offer for the publisher’s real estate business in favour of Cuscaden Peak, cash-strapped Evergrande vows to restart construction and home sales, and China’s bad-debt managers move to support… Read More>>

zhong huihong Logan

Asia Real Estate People in the News 2021-01-18

2021/01/18 by Michael Cole Leave a Comment

Leading this week’s roundup of personnel changes in Asia’s real estate community is a director shift at Logan Group, a Shenzhen-based developer which has been expanding its operations into Hong Kong. Also making some leadership changes is India’s Lodha Group,… Read More>>

Logan Group

Logan Group Buys Shanghai Residential Plot for RMB 2.4B

2020/07/15 by Skye Li Leave a Comment

Shenzhen-based Logan Group won a residential plot in Shanghai’s Yangpu District at a recent government land auction with a bid of RMB 2.381 billion ($340.7 million), marking the developer’s first foothold in China’s commercial capital.

Known until recently as Logan… Read More>>

Asia Real Estate People in the News 2020-01-06

2020/01/06 by James Hatton Leave a Comment

In this week’s edition of People in the News, the mainland China arm of Hong Kong-listed New World Development has made some top-level changes, while a Beijing-based property group has appointed a group president following the retirement of the previous… Read More>>

Shenzhen Takes in RMB 22.4B From Biggest Day of Land Sales Ever

2019/06/25 by Jan Kot Leave a Comment

Shenzhen auctioned off five residential land parcels to a pack of 80 project-hungry developers on Monday, bringing in a total of RMB 22.4 billion ($3.2 billion) for southern China’s top tech hub.

The city’s first residential land sale of 2019… Read More>>

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