Encouraging results from Singapore’s biggest real estate enterprise lead today’s news as CapitaLand reports rising earnings across its lodging, fund management and property investment divisions. Also in the news, China makes more moves to prop up its property sector and… Read More>>
Shimao Proposes 8-Year Debt Repayment Plan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-saddled developer Shimao floats a proposal to repay $11.8 billion over eight years, a Shanghai mega-mall reels from COVID-led lockdowns, and Link REIT extends a rent holiday for Hong Kong tenants.
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China Rate Cut Boosts Developer Stocks and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a deeper-than-expected rate cut by China’s central bank sparks a rally in developer stocks, South Korea’s government requests changes in Mirae Asset’s $3 billion deal for IFC Seoul, and MGM China injects cash… Read More>>
China’s $147B Real Estate Bailout Fund May Not Help Developers Says S&P
Investors hoping that a state bailout fund which could reach RMB 1 trillion ($147 billion) will help save some of the country’s beleaguered developers or rescue bond investors may have to adjust their expectations according to a report this past… Read More>>
China’s PBOC Cuts Rates as Economy Staggers and More Asia Real Estate Headlines
Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank moving quickly to cut rates at same time that JP Morgan analysts are predicting more gloom for developers.
Also in the news, an SGX-listed… Read More>>
China Home Prices Post Rare Decline and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s new home prices post a rare decline amid a growing boycott crisis, banking giant HSBC continues to push back against break-up pressure, and Hong Kong lender Hang Seng reports a profit plunge… Read More>>
China Setting Up $44B Developer Bailout Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese officials reportedly prepare a rescue fund for debt-stricken mainland developers, a Singapore residential project nearly sells out on its first day of launch, and more Hong Kong homeowners are dumping properties at… Read More>>
Chinese Estates’ Lau Sells Down Evergrande Stake and More Asia Real Estate Headlines
An Evergrande avalanche leads today’s roundup of regional news headlines, as two staunch allies of the embattled developer’s chairman trim their stakes in the group, while Evergrande staff and customers are reportedly offered the chance to bid on discounted properties… Read More>>
Will China’s Latest Rate Cuts Rekindle Real Estate Investment?
China’s central bank acted decisively on Friday to pump more credit into the nation’s economy in the face of recent economic data indicating that the nation’s economy is slowing faster than the government has planned.
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The People’s Bank of… Read More>>
Record RMB Devaluation to Whet China’s Appetite for US Real Estate
China’s central bank allowed its currency to drop by 1.86 percent this morning in the biggest devaluation of the country’s currency in more than a decade. And the monetary maneuver may have a major impact on global real estate markets.