A court gives China’s Country Garden an extension to finalise its $14 billion debt workout, with that story leading today’s headline roundup. Also in the news, Korean prosecutors target financier Michael ByungJu Kim and Li Ka-shing’s CK Hutchison increases its… Read More>>
CapitaLand China Trust Posts 7.7% Income Drop in Q1 and More Asia Real Estate Headlines
China’s ongoing property woes are hurting returns for a CapitaLand-sponsored REIT, with that story leading Mingtiandi’s real estate headlines today. Country Garden also makes news with the troubled developer avoiding its first onshore bond default and a metals magnate’s daughter… Read More>>
Country Garden Family Reap $50M Windfall Despite Default and More Asia Real Estate Headlines
Country Garden’s Yang Huiyan and family will bag $50 million in dividends from a stake in the Chinese developer’s services arm, with that story leading Mingtiandi’s headline roundup today. UBS is also making news as it plans to take more… Read More>>
Asia Real Estate People in the News 2024-01-15
A senior-level promotion at the world’s largest private equity firm leads this week’s review of personnel moves from around Asia, with Blackstone promoting a top member of its Singapore-based team. Also making the cut is Partners Group losing its head… Read More>>
POBA Commits $95M to AXA IM Life Science Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea’s biggest pension fund is revealed as an investor in AXA’s life science property fund, Singapore-listed Prime US REIT secures a loan to finance a recent Florida acquisition, and Hong Kong developer… Read More>>