Blackstone raises $8 billion for its latest real estate debt fund targeting North America, Europe and Australia, with that update leading today’s headline roundup. Also in the news, casino group Bally’s makes a bid to bail out Australia’s troubled Star… Read More>>
Asia Real Estate People in the News 2025-01-27
Major changes at Hong Kong-listed companies lead this week’s review of personnel moves around Asia, with a local builder seeing off its long-time CEO and industrial specialist ESR bidding farewell to the former boss of ARA Asset Management.
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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>>
SGX-Listed REIT Selling Underperforming Spanish Asset and More Asia Real Estate Headlines
The dismal outlook for an office property in sunny Barcelona leads today’s roundup of headlines from around Asia Pacific, with Singapore’s IREIT Global selling an office asset in the Spanish city. Also in the news, a 1970s Singapore housing project… Read More>>
Powerlong Joins China’s Defaulting Developer Club After Missing $16M Interest Payment
Mainland developer Powerlong has joined the growing list of defaulting Chinese builders after missing a coupon payment on an offshore bond and hiring restructuring advisors, according to a company stock exchange filing on Tuesday.
Having failed to pay $15.9 million… Read More>>
Powerlong Seeking Delay in Onshore Bond Payment and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Powerlong looks to stagger payments over one year for an onshore bond maturing next week, Shanghai’s rental residential market takes its lumps in the aftermath of a harsh COVID lockdown, and… Read More>>
Mitsubishi’s Torch Tower to Become Tokyo’s Tallest Building and More Asia Real Estate Headlines
A pair of project invested by Japan’s Mitsubishi Estate lead today’s collection of real estate headlines from around Asia, as the property division of one of the country’s largest conglomerates unveils the design for Tokyo’s tallest tower at the… Read More>>
Asia Real Estate People in the News 2018-10-15
As industry leader WeWork toys with a potential $40 billion valuation, the benefits of co-working to most investors in the industry remain to be seen, however, the upside in terms of jobs for real estate professionals in the region are… Read More>>
3D House Printer Assembles a Financial Scandal and More China Real Estate Headlines 2015-11-22
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
High-Tech Robbery: Investors Bilked of $1.6B By 3D House Printer
A fast-growing Chinese developer who claimed to be able to build… Read More>>
CEO of Powerlong Real Estate Predicts 20% of Developers Will Die in 2014
The chief executive of Hong Kong-listed Powerlong Real Estate on Thursday predicted that a fifth of China’s developers would be out of business by year-end, as the country’s small and mid-sized real estate firms have come under more pressure from… Read More>>