A court gives China’s Country Garden an extension to finalise its $14 billion debt workout, with that story leading today’s headline roundup. Also in the news, Korean prosecutors target financier Michael ByungJu Kim and Li Ka-shing’s CK Hutchison increases its… Read More>>
ESR Selling Down Stake in Australia’s Cromwell and More Asia Real Estate Headlines
Hong Kong-listed ESR moves to pare its long-held stake in Australia’s Cromwell Property Group, with that stock sale leading today’s headline roundup. Also in the news, Lendlease courts Mitsubishi Estate for a Sydney redevelopment venture and a Singapore-backed operator of… Read More>>
QuadReal Backs GPT’s $640M Aussie Industrial Venture and More Asia Real Estate Headlines
Canada’s QuadReal invests with Sydney-based GPT in an Australian shed portfolio, with that deal leading today’s headline roundup. Also making news, Singaporean giant GIC buys a Texas mixed-use complex and Hillhouse Investment prepares to launch its first private credit fund.
MUFG Raising $675M for Japan Property Fund and More Asia Real Estate Headlines
One of Japan’s biggest banks plans to raise a $675 million fund to invest in domestic real estate, with that report leading today’s headline roundup. Also in the news, institutional investors seek to exit private equity vehicles amid the financial… Read More>>
Kerry Properties Net Profit Slumped 75% in 2024 and More Asia Real Estate Headlines
The Kuok family’s Kerry Properties reports a 75 percent drop in full-year net profit despite rising revenue, with those results leading today’s headline roundup. Also in the news, Macquarie-backed Local acquires a Gold Coast apartment project and Chinese data centre… Read More>>
Sun Hung Kai Takes Hong Kong Site With $78M Bid and More Asia Real Estate Headlines
Hong Kong builder Sun Hung Kai Properties wins a New Territories residential site, with that successful bid leading today’s headline roundup. Also making the list, SGX-listed Keppel REIT’s distribution dips despite higher income and China Vanke’s bonds rise on restructuring… Read More>>
Asia Real Estate People in the News 2024-11-09
A board move at Hong Kong’s largest developer leads this week’s collection of personnel moves from around Asia as a former brokerage chief takes his leave. Also making the list are board moves at China’s Country Garden and Japan’s Tokyo… Read More>>
CK Asset Bid for Hong Kong Project Rejected and More Asia Real Estate Headlines
Hong Kong builder CK Asset’s bid for a Kowloon commercial site gets shot down by authorities, with that setback leading today’s headline roundup. Also making news, China Vanke reports another massive quarterly loss and CapitaLand Ascott Trust posts an 8… Read More>>
Daiwa House Eyes $500M Investment in US Builder and More Asia Real Estate Headlines
Daiwa House Industry is the latest Japanese builder looking to make a big bet on the US residential market, with that story leading today’s headline roundup. Also in the news, Hong Kong’s biggest developer sells new homes at a discount… Read More>>
Top Mainland Cities Ease Homebuying Restrictions and More Asia Real Estate Headlines
China’s biggest cities are easing homebuying rules as mainland banks vow to adjust rates on existing mortgages, with those stories leading today’s headline roundup. Also in the news, shophouse sales heat up in Singapore’s Bugis area and Hong Kong home… Read More>>