Asia real estate and outbound investment news
Sunac China failed to pay $29.5 million in interest on $750 million in senior notes within a grace period that ended Wednesday, sending the mainland’s third-largest developer by contracted sales into default.
In a statement to the Singapore stock exchange,… Read More>>
Much of the world may be holding its breath waiting for the next Chinese developer to fail, but investors in Singapore seem to still have a healthy appetite for debt from China’s real estate firms.
According to a story in… Read More>>
Sun Hung Kai Properties (SHKP), which has invested heavily in mainland real estate and whose co-chairmen went on trial for corruption last week, successfully priced a S$320 million ($256.26 million) bond on Friday as developers in Greater China gird for… Read More>>
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