The creditors of bankrupt mainland conglomerate HNA Group took another step towards collecting on bad loans to the parent of China’s Hainan Airlines this past week as an apartment in Hong Kong’s Mid-Levels was put up for sale in what… Read More>>
PwC Resigns as Auditor for China Oceanwide Following Profit Warning
China Oceanwide Holdings Ltd (715:Hong Kong) has suffered a fresh setback just a week after the troubled developer warned of a substantial drop in profits for 2018 with its auditor, PriceWaterhouseCoopers, having resigned on February 22.
The London-based accounting giant… Read More>>
CPPIB JV Sells Chennai IT Park to Mapletree for $187M
Mapletree Investments has purchased an information technology park in Chennai, India, from the Canada Pension Plan Investment Board and its Indian partner for C$250 million ($187 million) as part of the Singaporean property developer and fund manager’s plan to expand… Read More>>
Secondary Home Prices Soar for 21st Month and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, secondary home prices have surged for the 21st straight month in December, and all that froth means that there was not a single case of negative homeowner equity in the city last year…. Read More>>
Singapore Jumps to Third-Hottest APAC Market in ULI-PwC Survey
Sydney and Melbourne dominate the list of investors’ favourite real estate markets in Asia Pacific, while the region’s biggest buyers of property rekindle a romance with Singapore, according to a recent survey of industry experts.
The Emerging Trends in Real Estate… Read More>>
Asia Real Estate People in the News 2017-11-27
Sometimes, the biggest HR news in the real estate world involves people staying put, such as the re-election of the chairman of one of the world’s largest construction firms. There have been plenty of job changes too, with a Singaporean… Read More>>
New World Plans Kowloon West Commercial Hub and More Asia Real Estate Headlines
Leading today’s headlines, one of Hong Kong’s biggest developers hopes to cash in on the city’s hunger for commercial space by fostering a new commercial hub in Kowloon West, while one of China’s biggest developers of homes now hopes to… Read More>>
PwC Takes a Shine to the Pearl River Delta in Chinese City Rankings
China now has more than 100 cities with a population of over one million people, making the process of choosing the best home for a business a major challenge. However, a new report co-authored by PricewaterhouseCoopers makes all this easier,… Read More>>
Vietnam’s Real Estate Star on the Rise as Investors Search for Yield
If you think that China’s first-tier cities such as Shenzhen and Shanghai are still the top bets for real estate investment in Asia, think again. The “Emerging Trends in Real Estate Asia Pacific 2017”, a real estate forecast jointly published… Read More>>
Asia’s Hottest Real Estate Market? It’s India
What do Blackstone, Dalian Wanda, Brookfield and Fosun International all have in common? They are among the big name players who have invested billions of dollars into India’s real estate market. And it looks as if they are not the… Read More>>