In today’s roundup of regional news headlines, a US fund manager ramps up its presence in Hong Kong’s Central, a hotel collapse in Suzhou claims eight lives, and Singapore’s condo resale volume dips.
Also in the… Read More>>
Mitsubishi, Nomura to Invest in Taronga Property Technology Fund
Taronga Ventures continues to sign up marquee investors for its flagship proptech fund, winning commitments from two of the best-known names in Japan’s business world.
Taronga announced last week that Mitsubishi Corporation and Nomura Real Estate Development had agreed to… Read More>>
China Vanke to Sell $1B in Shares to Repay Debt and More Asia Real Estate Headlines
A mainland developer leads Mingtiandi’s roundup of real estate headlines today as the Shenzhen-based company is planning to raise $1 billion by selling new H-shares to pay down overseas debt.
In other news around the region, an Aussie investment bank… Read More>>
Wanda Sports Shares Fall 36% on Debut and More Asia Real Estate Headlines
A disappointing Nasdaq IPO leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland developer’s sports and media arm saw its shares drop by more than a third after scaling back the… Read More>>
Dr M Says Country Garden Johor Project Can Sell Overseas and More Asia Real Estate Headlines
Overseas buyers of tropical condos in Country Garden’s $100 billion Forest City project in Malaysia no longer need to worry about losing their homes – they just won’t be able to live in them, according to the latest update from… Read More>>
Half of Mainland Developers Saw Net Profits Slide in 2015 and More China Real Estate Headlines
30 out of China’s 59 top developers suffered declining net profits last year, helping to explain why these mega-developers are looking for deals overseas or branching out into other industries. Meanwhile one of the country’s biggest real estate firms has… Read More>>
China Real Estate News Around the Web 2015-09-23
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Li Ka-shing’s Morality Questioned by Xinhua
A recent attack on Hong Kong billionaire property tycoon Li Ka-shing in China’s state-controlled media… Read More>>
Nomura Says China’s Real Estate Market is Already Collapsing
Forget about whether or not China has a real estate bubble, and stop worrying about if this bubble could burst, Japan’s oldest securities brokerage is contending that the collapse of China’s property industry is already upon us.
According to an article in… Read More>>
Shanghai’s Real Estate Community Sends Off Sam Crispin
China real estate sector veteran Sam Crispin is on his way back to the UK this week after a 20-year career in the country’s property industry, and a group of veteran executives gathered in Shanghai to bid farewell to their… Read More>>
Could China’s Property Sector Create a New Credit Crisis?
Rising land prices and a government credit clampdown are forcing China’s real estate developers to borrow more money at higher rates – a combination that is likely to compress profit margins and put some companies into financial difficulties.
The country’s… Read More>>
