A top level changeover at one of Singapore’s two casino operators leads this week’s review of personnel moves from around Asia with new appointments in Japan and the US also making the list.
Genting Singapore… Read More>>
Oaktree Offers $413M Loan for Australia’s Star and More Asia Real Estate Headlines
Troubled Aussie casino group Star Entertainment gets a financing offer from distressed debt specialist Oaktree, with that story leading today’s headline roundup. Also making the list, Singapore’s Marina Bay Sands bags a $9 billion loan for expansion and hope fades… Read More>>
Ping An Denies Plans for Country Garden Takeover and More Asia Real Estate Headlines
China’s Ping An leads today’s set of real estate headlines again with the insurer denying reports that it has been asked to take over developer Country Garden. Also in the news, Guangzhou’s Agile Group is selling a Malaysian project at… Read More>>
Evergrande Says Hong Kong Project in Receivership After Asset Seizure Report
Following media reports within the last week that two of China Evergrande’s largest assets have been seized by creditors, the defaulting mainland developer confirmed late Sunday that it had lost control of a 2.2 million square foot (204,387 square metre)… Read More>>
Oaktree Seizes Evergrande Jiangsu Project and More Asia Real Estate Headlines
Seizures of Evergrande projects lead our headline roundup again today as an FT report reveals that US-based debt investment specialist Oaktree has taken control of a second development from the troubled developer, following a story on a Hong Kong repo… Read More>>
Oaktree Seizes Evergrande Hong Kong Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s closely watched debt restructuring risks being thrown into chaos after a creditor moves to seize the developer’s Versailles-like project in the Yuen Long area of Hong Kong’s New Territories. Also in… Read More>>
Oaktree Backs Stack Entry to APAC Data Centre Market with 36MW Japan Facility
US hyperscale specialist Stack Infrastructure has teamed up with global investment firm Oaktree Capital Management to build a 36 megawatt data centre campus in Japan’s Chiba prefecture, marking its first facility in the Asia Pacific region.
Stack, which has locations… Read More>>
Oaktree Lobs A$3B Bid for Packer’s Crown Stake and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Oaktree looks to steal Blackstone’s thunder Down Under with a rival bid for Crown Resorts, a Hong Kong tycoon who paid $292 million for a London mansion is set to plough nearly… Read More>>
Asia Real Estate People in the News 2021-02-22
As the Ox Year gets under way in Asia the region’s real estate people are on the move, with a KKR managing director reportedly heading out the door in Singapore, and a top US architecture firm signing on new leadership… Read More>>
SG’s First REIT Falls 35% After Default Warning and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Singaporean REIT’s traded units suffer a punishing loss, US developer Hines agrees to sell its stake in an Indian office project, and Danke appears to have ceased operating its home rental referral… Read More>>