Chinese shadow banking giant Zhongzhi Enterprise Group, which owes creditors over $64 billion and has been a top lender to the real estate industry, has filed for bankruptcy, with that story leading Mingtiandi’s headline roundup today. Also making the list,… Read More>>
Country Garden Set to Avoid RMB Bond Default and More Asia Real Estate Headlines
Country Garden is likely to avoid its first default on RMB notes after the majority of bondholders agreed to defer payment, with that story leading Mingtiandi’s headline roundup today. Also in the news, Li Ning goes into damage-control mode as… Read More>>
EdgeConneX Gets Green Loans for Jakarta Builds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, data centre developer EdgeConneX announces sustainability-linked financing for its Indonesian projects, and India’s Reliance Retail works to meet a fundraising goal with support from sovereign investors. Meanwhile, troubled Chinese homebuilder Country Garden faces… Read More>>
Brookfield and Digital Realty Welcome Reliance Into India Data Centre JV
Asset management giant Brookfield and data centre trust Digital Realty have brought in Reliance Industries as a local partner in the pair’s existing joint venture to develop, own and operate data centres in India.
Reliance, the conglomerate controlled by billionaire… Read More>>
Indian Billionaire Ambani Eyes Commercial Property and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Asia’s richest man sets sights on India’s commercial property market, Morgan Stanley is set to exit an India industrial development, China’s home sales reverse months of declines as demand recovers, and troubled developer… Read More>>
Economist Says China to Fix Housing Missteps and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a leading Chinese economist says the government will act to correct past policies and halt the property market slump, and Singaporean developer Ho Bee Land warns of a significant profit drop.
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Evergrande Creditors Extend Deadline on Domestic Bond and More Asia Real Estate Headlines
Turmoil in mainland China’s property sector leads the real estate news from around the region again today as the country’s biggest developer gets more time to pay debts and two of the world’s largest credit agencies withdraw ratings on seven… Read More>>
Moody’s Downgrades Logan Group Over Default Risk and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland developer Logan Group suffers a credit downgrade amid default risks, shares of cash-strapped Kaisa’s property management unit sink to a post-IPO low, and SGX-listed ARA US Hospitality Trust agrees to sell a… Read More>>
Amazon Wins Round in India Retail Battle with Future Group, Reliance
Delhi’s top court has rejected a plea from a retail unit of billionaire Kishore Biyani’s Future Group to quash Singapore arbitration proceedings filed by e-commerce giant Amazon, dashing the troubled Indian retailer’s hopes to overturn a case that… Read More>>
Vanke Sues US Partner Over Struggling NYC Project and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, a legal dispute between Chinese developer Vanke and its New York-based partner heats up, JD.com’s logistics arm reportedly mulls an IPO targeting a $40 billion valuation, and the Delhi High Court… Read More>>