Asia Pacific real estate investment news and information
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Wangjing SOHO Wins International Architecture Prize
The winner of the world’s most renowned architecture prize for skyscrapers, the Emporis Skyscraper Award,… Read More>>
“Collapse.” “Bloodbath.” “Buckled under its debts.”
Troubled China real estate developer Kaisa Group Holdings defaulted on $52 million of interest payments on offshore bonds worth $800 million over the weekend, and the news accounts have been letting us know that it’s… Read More>>
Scandal-rocked real estate developer Kaisa Group today announced that the Shenzhen government’s freeze on sales has been partially lifted at seven of the 11 projects that had previously been blocked by the authorities.
The ban on sales at Kaisa’s projects… Read More>>
The international creditors of troubled real estate developer Kaisa Holdings may need to wait at least five more years to get back what’s owed to them, and can expect to earn much less than what they signed up for.
This… Read More>>
Sunac China is buying four Shanghai projects from defaulting real estate developer Kaisa Group for RMB 2.37 billion ($380 million) according to announcements posted today from the two companies.
Sunac will be acquiring 100 percent of two of the companies,… Read More>>
The credit crisis surrounding troubled Chinese real estate developer Kaisa Group is expected to be resolved soon, as Sunac China is said to have reached a deal to acquire the company.
According to a report in Chinese business news site… Read More>>
The default and distress of Kaisa Group Holdings, a drama that has transfixed the region’s financial markets since the Chinese real estate developer defaulted on a loan to HSBC nearly one month ago, might be headed towards a resolution as… Read More>>
China’s housing prices fell for the eighth straight month in December, according to data released today by the National Bureau of Statistics. However, the average monthly rate of decline in prices of new housing (including subsidised units) slowed slightly –… Read More>>
Investors in China’s real estate market scrambled to figure out which investments might be safe today as a total of six real estate developers are now said to have had sales frozen by the government. The unexplained official crackdown now… Read More>>
Wanda Cinema Line, the movie theatre operator belonging to billionaire property developer Wang Jianlin, has scaled back plans for its initial public offering on China’s Shenzhen exchange under instruction from Chinese regulators.
According to a report in Reuters this week,… Read More>>
