New World Development’s shares surged by up to 16 percent and dollar bonds rallied after reports of a potential $2.5 billion financing deal, leading today’s Asia real estate headlines. Also in the news, CapitaLand Ascendas REIT completed its $390 million… Read More>>
Singapore’s Pontiac Land Targeting More Aussie Deals and More Asia Real Estate Headlines
The Singapore-based owner of a Sydney hotel is on the lookout for more projects in the area, with that story leading today’s headline roundup. Also in the news, Indonesia’s Widjaja family nears a buyout of SGX-listed Sinar Mas Land and… Read More>>
China Oceanwide to Be Delisted From HKEX and More Asia Real Estate Headlines
Defaulted developer China Oceanwide’s Hong Kong listing is to be cancelled next week, with that announcement leading today’s headline roundup. Also making the list, creditors of Xinyuan Real Estate push for bankruptcy proceedings in New York and shadow bank Zhongrong… Read More>>
Chow Tai Fook Reported to Have Hid Illicit Junket Links and More Asia Real Estate Headlines
The drama around Australia’s Star Entertainment Group continues to build with local news accounts citing a government report that Hong Kong’s Chow Tai Fook hid its links to an illegal junket operator, with that story leading today’s roundup. Also in… Read More>>
Bain Sets 3 Year Target for Fresh Seven & I Listing and More Asia Real Estate Headlines
Private equity major Bain Capital sets a three-year horizon for the public listing of Japanese retailer Seven & I’s non-core business, with that story leading today’s headline roundup. Also in the news, Australia’s Lendlease targets a Sydney tower owned by… Read More>>
GIC Warns on Inflation as Central Banks Cut Rates and More Asia Real Estate Headlines
Singapore sovereign fund GIC’s investment chief issues a reality check after the US central bank’s half-point rate cut, with that story leading today’s headline roundup. Also in the news, a court orders Chinese developer SRE to sell its stake in… Read More>>
OCBC Sues Over Singapore Money-Laundering Losses and More Asia Real Estate Headlines
Singapore’s high-profile money-laundering case leads today’s headline roundup as OCBC seeks to recoup losses from foreign nationals who bought homes in the city-state. Also on the list, Indonesia’s Sinar Mar enlists Korean investors in a Jakarta data centre project and… Read More>>
Sinar Mas Land Launches Indonesia Biomedical Fund
Sinar Mas Land has introduced a fund to support biomedicine startups, research centres and health technology in the Indonesian builder’s home country.
The real estate division of the Widjaja family’s Sinar Mas conglomerate launched the vehicle this week in support… Read More>>
Hong Kong Faces 25% Slump From Home Price Peak and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, analysts offer a sobering take on Hong Kong’s deepening housing slump, and the billionaire power couple behind Soho China put on a masterclass in wealth preservation.
Hong Kong Home Prices… Read More>>
Widjaja Family Sells Singapore Properties to Mainland Investor for Record Price
A Chinese investor has acquired three strata units in an office building along Singapore’s Scotts Road from a company controlled by Indonesia’s Widjaja family for S$10.1 million ($7.33 million), setting the highest price per unit of area ever recorded for… Read More>>