Asia Pacific real estate investment news and information
The owners of China’s Nam Tai Property have scored a victory in their legal battle against Shenzhen-based builder Kaisa Group Holdings, with a Hong Kong arbitrator dismissing Kaisa’s $146.9 million claim against Nam Tai over a disputed private placement.
The… Read More>>
A Hong Kong investment firm is suing mainland builder Kaisa Group Holdings to recover $102.3 million in unpaid principal and interest, in another blow to the severely indebted developer as China’s real estate crisis drags on.
Oasis Capital Management filed… Read More>>
In today’s roundup of regional news headlines, CapitaLand’s development arm agrees to acquire a mixed-use site in Ho Chi Minh City, China Vanke readies a Hong Kong IPO of its property management division, and reports emerge of Evergrande’s EV unit… Read More>>
In today’s roundup of regional news headlines, the hits keep coming for embattled Chinese developers, with Evergrande reportedly stripped of its soccer stadium and Fantasia facing a wind-up petition. Meanwhile, data centre operator Global Switch is said to have… Read More>>
In today’s roundup of regional news headlines, Chinese developer Vanke strikes back in court against its New York partners over their condo development deal gone sour, South Korea’s Meritz Securities faces its own Manhattan melodrama as the builder of a… Read More>>
An activist investor has notched a win in its running battle for control of Shenzhen-based developer Nam Tai Property, as a court ruled Wednesday that directors tied to mainland group Kaisa had acted improperly in signing off on a private… Read More>>
A battle for control of a New York stock exchange-listed mainland developer entered its latest chapter this week when Nam Tai Property announced a new chairman, CEO and CFO.
The leadership change by the Shenzhen-based developer came after Kwok Ying… Read More>>
In this week’s edition of People in the News, a top executive at a formerly troubled Shenzhen developer is joining the board of another builder in the southern Chinese megacity, while an asset management expert is upgrading his title at… Read More>>
