The new years has failed to bring good news for China Evergrande, which leads our headline roundup today with a report that a local government in Hainan has ordered the demolition of one of its resort projects in the tropical… Read More>>
Evergrande Courts HK Tycoons for Electric Car Push and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Evergrande seeks help from deep-pocketed Hong Kong investors to boost its electric car venture, Singapore’s Boustead Projects launches an industrial fund to hold the firm’s real estate assets, and Frasers breaks ground… Read More>>
Cromwell, IGIS Complete Italian Warehouse Deal and More Asia Real Estate Headlines
Italian warehouses are in fashion this week as an Aussie fund manager and its Korean partner complete a $60 million purchase of a set of DHL facilities in the European nation.
Also in the headlines, while brokers look for… Read More>>
HNA Sells Stake in Spain’s NH Hotels for $723M, Bringing 2018 Fire Sale to $14.5B
Embattled Chinese conglomerate HNA Group is shedding its stake in European hotelier NH Hotel Group, in the latest move by the debt-strapped firm to downsize its trove of overseas assets and raise badly needed cash.
HNA is selling the 25.2… Read More>>
Perennial Buys Out Capitol Singapore for $402M and More Asia Real Estate Headlines
Leading today’s roundup, top Singaporean developer Perennial Real Estate is poised to buy out an iconic heritage property in the city-state, ending years of business bickering. Also in the headlines, a Thai hotel operator has scooped up all 456 units… Read More>>