Turmoil in mainland China’s property sector leads the real estate news from around the region again today as the country’s biggest developer gets more time to pay debts and two of the world’s largest credit agencies withdraw ratings on seven… Read More>>
WeWork India Scrambles After $100M Funding Deal Falls Through and More Asia Real Estate Headlines
The troubles of America’s biggest co-working company are being felt globally as the challenges of leasing desks in India lead Mingtiandi’s roundup of real estate headlines today with the news that Embassy Group, which set up the franchise, is selling… Read More>>
Credit Suisse AM Buys Pair of Korean Warehouses and More Asia Real Estate Headlines
A pair of South Korean warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Swiss asset manager has snapped up two logistics facilities in Icheon for 120 billion won ($104 million).
Singapore Home Sales Jump 30% in May and More Asia Real Estate Headlines
Singapore home sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today after deals for new housing took a 30 percent jump, while a Chinese e-commerce giant and a large mainland developer are among the shortlisted bidders… Read More>>
CapitaLand Reshuffles Roles After $11B Merger and More Asia Real Estate Headlines
A leadership reshuffle leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a major Singapore developer that now holds assets under management in excess of S$100 billion is going through a reorganisation at the… Read More>>
Alibaba Said in Talks to Buy Stake in German Retailer Metro’s China Stores
Alibaba is in talks to acquire a portion of the China operations of German retailer Metro, according to a Thursday report by Reuters, as the company that handles nearly 60 percent of China’s online shopping continues to look for ways… Read More>>
Fosun in Talks to Invest $495M in German Wholesaler Metro
Chinese investment firm Fosun International is reportedly in talks to to buy a 426 million euro ($495 million) stake in German food wholesaler Metro AG, unnamed sources told Bloomberg. With Metro’s current market capitalization of 4.85 billion euros, Fosun would… Read More>>
Wal-Mart Projects Slower Growth in China Until 2016
Wal-Mart announced on Thursday that it would be scaling back its rate of expansion in China over the next three years, as it plans to open 100 stores between now and the end of 2015.
Wal-Mart Stores Inc, which is… Read More>>