Japan leads today’s collection of real estate headlines from around the region as local champion Nomura teams up with US private equity majors to market alternative investment strategies in Asia’s second-largest economy. Also in the news, SGX-listed Yanlord Land books… Read More>>
Evergrande Founder’s Ex-Wife Sues Son for $128M and More Asia Real Estate Headlines
The ex-wife of Hui Ka Yan, China Evergrande founder, files a lawsuit against his second son over $128 million, with that story leading Mingtiandi’s headline roundup today. Also making the list, Hong Kong’s beleaguered property industry is hoping that relief… Read More>>
Nomura Real Estate Posts 5.6% Rise in Nine-Month Profit on Strong Operating Revenue
Nomura Real Estate Holdings posted a 5.6 percent year-on-year profit rise to JPY 43.2 billion ($290 million) for the nine months to December as the Japanese developer’s operating revenue jumped 22.7 percent to JPY 518.3 billion.
During the period, which… Read More>>
Nomura Buying Japanese Hotel Manager From Rail Operator Odakyu for $126M
Nomura Real Estate Holdings is buying a Japanese hotel operator from Odakyu Electric Railway as the infrastructure firm continues to struggle with the lingering impact of the pandemic on the travel industry.
Odakyu announced last week that it is divesting… Read More>>
Nomura Japanese REIT Acquires Tokyo Hotel Amid Tourism Rebound
TSE-listed Nomura Real Estate Master Fund on Tuesday announced its acquisition of a hotel in Tokyo’s Taito ward, betting on demand for accommodation from international visitors to Japan’s capital.
The REIT sponsored by property heavyweight Nomura Real Estate Development revealed… Read More>>
Singapore’s Wing Tai Buys Melbourne Site and More Asia Real Estate Headlines
Wing Tai Holdings leads our roundup of real estate headlines today as the Singaporean developer announces the acquisition of a Melbourne site. Making the list from farther north is Queensland’s QIC, which is expanding its Asia presence with a Singapore… Read More>>
Nomura Takes on Pair of Condo Projects Near Pattaya in Thai JV
Nomura Real Estate Development is investing in two condo projects in eastern Thailand through a joint venture with local developer Origin Nationwide, according to an announcement this week by the Japanese company.
Nomura has partnered with Origin to develop a… Read More>>
Country Garden Said to Make China’s Govt Whitelist and More Asia Real Estate Headlines
China’s white list of property developers worthy of support leads Mingtiandi’s headline roundup today, with Country Garden and CIFI holdings said to make the cut. Also in the news, Japan’s Nomura is building a $ 1 billion to participate on… Read More>>
Nomura Securities Said to Surrender Floor at Hong Kong’s Two IFC
Japan’s Nomura Securities is surrendering an entire floor in Hong Kong’s second-tallest office tower, having terminated its lease for the 26th floor at Two International Finance Centre last month, according to local media accounts.
After handing back the 23,076 square… Read More>>
Mainland Developers Have 3 Months to Pay $20B in Debt and More Asia Real Estate Headlines
The ongoing debt challenges of China’s real estate developers lead the region’s real estate headlines again today as analysts at Nomura say the industry faces nearly $20 billion in obligations maturing over the next three months.
Also in the news,… Read More>>