The outbound trend among Korean investors continues as banking giant Woori makes a bet on US data centres, with that story leading today’s headline roundup. Also in the news, a Hong Kong mansion once owned by tycoon Chen Hongtian is… Read More>>
Asia Real Estate People in the News 2023-03-20
Senior changes at developers in Hong Kong and mainland China lead this week’s review of personnel changes in Asia, with CK Asset saying farewell to a long-time executive director and Dalian Wanda’s mall unit losing its chairman and president. Also… Read More>>
China’s Biggest Developer Country Garden Warns of 70% Profit Drop
Country Garden Holdings says that its net earnings are likely to have plunged by as much as 70 percent in the first half of 2022, as China’s deepening real estate crisis hammers the country’s largest developer.
Guangdong-based Country Garden issued… Read More>>
Asia Real Estate People in the News 2022-02-21
An evergreen boss at one of China’s largest developers leads this week’s collection of personnel moves from around the region, as Shanghai’s biggest builder gives its boss another four years at the helm. There are also fresh hires at Hines… Read More>>