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china housing

China Home Prices Post Rare Decline and More Asia Real Estate Headlines

2022/08/03 by Proud Channara Leave a Comment

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>>

Rayzone Beijing

Sino-Ocean Sells Stake in Beijing Office Building to Ping An for $740M

2022/06/16 by Mingtiandi Team Leave a Comment

Chinese developer Sino-Ocean Group Holding has sold its stake in a commercial project in Beijing’s Fengtai district for RMB 5.02 billion ($740 million) to Ping An Life Insurance amid weakening sales and dropping bond prices.

The mainland financial heavyweight has… Read More>>

China Home Sales Slide Over May Day and More Asia Real Estate Headlines

2022/05/09 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China’s bid to boost home sales during the Labour Day holiday week falls flat, Shanghai’s state-backed landlords suspend rent collection from tenants for up to six months, and Singapore-listed OUE Commercial REIT aims… Read More>>

Joseph Lau Chinese Estates (1)

Chinese Estates Reports $447M Loss for 2021 and More Asia Real Estate Headlines

2022/03/21 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Joseph Lau’s Chinese Estates suffers a full-year loss tied to its Evergrande investments, a Singapore condo complex goes back on the market following Hong Kong developer Shun Tak’s exit from the deal, and… Read More>>

China Evergrande Centre Wanchai

Evergrande $1.7B Sale of Hong Kong HQ Falls Through and More Asia Real Estate Headlines

2021/10/16 by Michael Cole Leave a Comment

The Evergrande dumpster fire continues to command Asia’s real estate news cycle with Reuters reporting that the developer’s discussions with Guangzhou’s Yuexiu Property for a $1.7 billion purchase of the Evergrande Hong Kong headquarters have fallen through. Also, China’s central… Read More>>

mochtar riady comprehensive cancer centre Jakarta

SG’s First REIT Falls 35% After Default Warning and More Asia Real Estate Headlines

2020/12/28 by Pimfha Chandhapradit Leave a Comment

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>>

Evergrande $3B Services IPO Approved and More Asia Real Estate Headlines

2020/11/15 by Shiunne Bulsombut Leave a Comment

In the week’s final roundup of regional news headlines, one of China’s most indebted developers had taken another step toward securing some fresh cash as China Evergrande wins approval for its $3 billion Hong Kong property management IPO. Also in… Read More>>

Hong Kong, Causeway Bay, Times Square

Hong Kong April Retail Sales Plunge 36% and More Asia Real Estate Headlines

2020/06/02 by James Hatton Leave a Comment

Plunging retail sales lead the way in Mingtiandi’s roundup of Asia real estate headlines today as shoppers continue to stay away from the high streets in one Asia retail hub, triggering a 36 percent drop in purchases.

In other news… Read More>>

Raymond Kwok Sun Hung Kai

Ping An Buying 30% of Sun Hung Kai West Kowloon Project for HK$11.27B

2020/04/30 by Michael Cole Leave a Comment

The financial muscle of one of China’s largest financial institutions was on display today as Sun Hung Kai Properties confirmed earlier reporting by Mingtiandi that Ping An Insurance was buying into its West Kowloon commercial project by announcing the mainland… Read More>>

ma mingzhe Ping An

CFLD Sells Beijing Project to Ping An for RMB 5.83B

2019/08/19 by Jan Kot Leave a Comment

Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to Ping An Insurance for a consideration of RMB 5.829 billion ($830 million) as the developer shifts toward an asset light approach in… Read More>>

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