Units at Singapore’s Gramercy Park condo linked to a money-laundering case are on the market for $23 million, with that story leading Mingtiandi’s headline roundup today. Also making the news, a unit of Malaysia’s Sunway plans to acquire a 70… Read More>>
KWG Sells Stake in Zhejiang Project to Midea and More Asia Real Estate Headlines
Guangzhou developer KWG has sold its 50 percent stake in an eastern China residential project to Midea Real Estate, with that story leading Mingtiandi’s collection of real estate headlines today. Also making the news, South Korean leaders aim to boost… Read More>>
Dalian Wanda Transfers Ownership of Foshan Mall and More Asia Real Estate Headlines
Financially troubled Chinese developer Dalian Wanda has transferred its stake in a Foshan Mall to JV partner Midea Real Estate, with that story leading Mingtiandi’s collection of real estate headlines today. Also making the news, the founder of Korea’s Taeyoung… Read More>>
China Home Prices in Steepest Fall Since 2015 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s property crisis drags on as new home prices fall for a 14th month in a row, Beijing-based developer Sunac huddles with creditors to discuss an onshore debt restructuring, and Guangzhou builder Agile… Read More>>
Country Garden, Longfor, Midea Selling $295M in Bonds to Prop Up Industry
Mainland developers Country Garden Holdings, Longfor Group and Midea Real Estate Holdings announced plans Monday to issue domestic bonds, with the combined RMB 2 billion ($295.4 million) barrage of local financing seen by analysts as a government-sponsored attempt to stimulate… Read More>>
Asia Real Estate People in the News 2022-03-28
New directors at a pair of mainland developers lead our roundup of personnel moves from around the region today, with Beijing-based builders Midea Real Estate and Modern Land both making top level changes. There are also updates from China’s DNE… Read More>>
COLI Affiliate Buys Pair of Guangzhou Resi Sites and More China Land Sale News
Editor’s note: This article provides a review of local media coverage of recent land purchases by developers in mainland China, along with related research and statistics, with the goal of providing observers and analysts with insights into changes in developer… Read More>>
Midea Real Estate, DaFa Kick Off Hong Kong IPOs
Midea Real Estate Holdings and DaFa Properties launched their initial public offerings on Friday, with share prices for both to be fixed on 4 October testing the market at a volatile time for Chinese property developers.
Midea hopes to capitalise… Read More>>