Malaysian fraud suspect Jho Low leads today’s collection of real estate headlines from around Asia with an investigative report placing the 1MDB fugitive in Shanghai. Also in the news, an Indonesian heiress buys a pricey bungalow in Singapore an a… Read More>>
New World Said Marketing $1.9B Hong Kong Airport Mall and More Asia Real Estate Headlines
New World Development is seeking a buyer for its flagship mall at Hong Kong’s international airport, with that report leading today’s headline roundup. Also making the list, ESR nears the sale of a Sydney data centre site and China Vanke… Read More>>
New World Misses Target Date to Close $2B Loan Deal and More Asia Real Estate Headlines
Hong Kong’s New World Development struggles to complete a deal for a fresh $2 billion loan, with that story leading today’s headline roundup. Also in the news, Australia’s Macquarie Technology buys a Sydney site for a data centre and Oracle… Read More>>
Bain, Hana to Finance $438M Korea Stadium Complex and More Asia Real Estate Headlines
Private equity giant Bain Capital joins the financing for a stadium mega-project in South Korea’s Incheon, with that deal leading today’s headline roundup. Also in the news, Hong Kong’s New World Development seeks to sell China assets and a Sing… Read More>>
DigitalBridge, Caisse Complete $5.8B Yondr Buyout and More Asia Real Estate Headlines
DigitalBridge and La Caisse complete their purchase of hyperscaler Yondr Group, with that deal leading today’s headline roundup. Also in the news, a BlackRock Japan real estate fund wins a new investor and Malaysia imposes higher power tariffs on big… Read More>>
Singapore New Home Prices Levelled Off in Q2 and More Asia Real Estate Headlines
Price growth continues to slow in Singapore’s private housing market, with that story leading today’s headline roundup. Also making the list, China’s new home prices edge higher and Hong Kong’s New World Development faces more challenges after its loan refinancing.
New World Wins $11B Refinancing Deal as Adrian Cheng Steps Down From Board
Hong Kong’s New World Development on Monday announced the successful refinancing of HK$88.2 billion ($11.2 billion) in offshore debt, as well as the resignation of third-generation scion and former CEO Adrian Cheng from the family-controlled builder’s board of directors.
New… Read More>>
Banks Agree to $11.1B New World Refinancing and More Asia Real Estate Headlines
Hong Kong’s New World Development clinches a deal to refinance $11.1 billion in maturing debt, with that story leading today’s headline roundup. Also making the list, a Singaporean JV wins approval for a Sydney build-to-rent project and South Korea readies… Read More>>
Ares Buying Wing Tai London Project for $58M and More Asia Real Estate Headlines
US fund manager Ares picks up a London office project from Hong Kong-listed developer Wing Tai Properties, with that deal leading today’s headline roundup. In other news, Bain and GIC back Indian builder Kalpataru’s IPO and SGX-listed Acrophyte Hospitality Trust… Read More>>
New World Nears $11B Refinancing Deal and More Asia Real Estate Headlines
Distressed Hong Kong builder New World Development closes in on a deal to refinance $11 billion in debt, with that report leading today’s headline roundup. Also making the list, the wife of Evergrande founder Xu Jiayin draws scrutiny for her… Read More>>
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