Singapore takes centre stage in Asia’s real estate world today as the city state sees a flurry of property activity, including the impending $1.3 buyout of developer United Engineers. Also in the news, Prudential unit PGIM picks up a logistics… Read More>>
HNA Mega-Buys Turn Spotlight on Private Firm’s Govt Credit and More Asia Real Estate Headlines
Popping up in today’s headlines, HNA is the latest Chinese dealmaker to grab the attention of the New York Times, who look into how a privately held company gets a $60 billion line of credit from government banks. Also in… Read More>>
Wanda Said in Talks to Bail Out $1.7B Bandar Malaysia Deal and More Asia Real Estate Headlines
Leading today’s headlines, China’s richest man looks set to once again test the limits of the country’s capital controls and help us define the boundaries of “rational deals” as Dalian Wanda is said to be in talks to take over… Read More>>
Singapore’s Perennial Hires New CEO for Healthcare Division
Perennial Real Estate Holdings has hired health care industry veteran Liak Teng Lit to serve as CEO of its rapidly expanding healthcare division, and COO of the Singapore-listed property group.
The top level hire was announced by Perennial on Friday,… Read More>>
How Hong Kong’s Stamp Duty Drives Demand for New Homes and More Asia Real Estate Headlines
Despite new stamp duties introduced last year demand for new homes in Hong Kong continues to rise in 2017. Also in the headlines today, comments by Goldman Sachs that China developer shares were undervalued helped trigger high single digit price… Read More>>
Stanley Ho’s Shun Tak Pays $216M for 61% Stake in Orchard Road Commercial Complex
Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.
Shun Tak paid… Read More>>
Li Ka-Shing Sees HK Home Prices Rising Despite Curbs and More Asia Real Estate Headlines
Hong Kong’s richest man predicts the city’s home prices will continue to climb in 2017, despite government curbs and a surge of supply. Also in the news today, a Chongqing developer hopes to make a £500 million deal in London,… Read More>>
GLP Acquires $1.1B US Warehouse Portfolio and More Asia Real Estate Headlines
Leading the headlines today, Asia’s biggest logistics developer just spread its footprint a bit wider with the $1.1 billion acquisition of a US warehouse portfolio, while one of Hong Kong’s biggest developers may get a bit smaller if its new… Read More>>
SG’s Perennial Plans to Build Up to 40 Private Hospitals in China
Singapore’s Perennial Real Estate Holdings on Friday announced its second and third private healthcare projects in China, with plans to add up to 40 such developments across the country.
The announcement of the two projects in Chengdu, the capital of… Read More>>
Greater China Real Estate People in the News 2015-08-17
Summer is headed into the home stretch here in the Middle Kingdom and the region’s real estate professionals are busy aligning themselves with new jobs in time for the September to November high season. This week we see a development… Read More>>
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