In today’s roundup of regional news headlines, China Evergrande hands over a set of unused plots to officials in Wuhan, the mainland securities watchdog reveals plans to improve the balance sheets of quality builders, and Hong Kong property agencies prepare… Read More>>
Korea’s NPS Backs Blackstone ESG Credit Platform and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korea’s National Pension Service invests in Blackstone’s ESG credit platform, Link REIT and other Hong Kong-listed trusts launch a business association, and Singapore’s Wing Tai reports soaring profits.
Korea’s… Read More>>
Asia Real Estate People in the News 2022-04-18
A top level change at Hong Kong developer Chinachem leads Mingtiandi’s roundup of personnel moves this week as the privately held builder announces the departure of its managing director of real estate. Also witnessing director departures this week are Hong… Read More>>
How the Shanghai Govt Bailed Out Greenland Group and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, fresh details emerge about how Shanghai-based developer Greenland dodged default with government help, the slump in China home prices accelerates despite easing measures, and investors clear the way for PropertyGuru’s SPAC-led debut on… Read More>>
China Easing Property Rules as Home Sales Drag and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developers struggle to sell homes despite the government’s recent relaxation measures, a freehold residential building in Singapore changes hands for $20 million, and listings firm PropertyGuru posts strong revenue growth as profit… Read More>>
PropertyGuru Plans Expansion After NYSE SPAC Debut Next Month
Singapore-based PropertyGuru is set to complete its listing on the New York Stock Exchange next month despite widening net losses, with the online marketplace operator planning to use the proceeds of the share sale to expand its fintech business and… Read More>>
Asia Real Estate People in the News 2021-10-25
A top-level appointment at a design and build business leads Mingtiandi’s review of regional personnel moves this week as former Colliers International standby Paul Baxter has joined PAG in a bet that Asia Pacific is ready for more worker-friendly places… Read More>>
Sunac Shares Jump After Denial of Distress Call and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Sunac’s shares soar after the Chinese developer denies reports that it requested help from a city government, shares of Evergrande NEV plunge after the electric-car unit issues a liquidity warning, and JLL says… Read More>>
Keppel Selling Chengdu Project to Vanke for $239M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Keppel Land exits a residential development project in China, PropertyGuru says it may consider a future Asian listing after it goes public in New York, and electric car maker Tesla leases a… Read More>>
Richard Li, Peter Thiel to Take PropertyGuru Public in $1.78B SPAC Deal
After pulling the plug on its Australian IPO almost two years ago, Singapore-based PropertyGuru is ready for another attempt at a public listing through a merger with a special purpose acquisition company (SPAC) backed by billionaires Richard Li and Peter… Read More>>