China Evergrande’s recent episode involving a disputed plea for government assistance may have spooked the company’s creditors, as reports circulate this week that some of the developer’s biggest lenders are cutting back on loans and other credit to the chronically… Read More>>
Singapore Homes Sales Doubled in June and More Asia Real Estate Headlines
The coronavirus still plagues the world but recovering markets lead the news today as housing sales in Singapore recover and home prices in southern China take a great leap upward.
Also in the headlines, the COVID-19 crisis is triggering layoffs… Read More>>
Mapletree Said Investing $40M in India Logistics Park and More Asia Real Estate Headlines
Signs of a late spring are popping up around Asia as Singapore’s Mapletree leads today’s real estate headlines with news of an investment in a India warehouse development.
Beyond that single deal, fresh government statistics show signs of home sales… Read More>>
Link REIT Completes A$683M Aussie Acquisition and More Asia Real Estate Headlines
Asia’s largest real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Hong Kong-based REIT has completed its acquisition of a 10-storey office tower in Sydney from funds managed… Read More>>
SG New Home Sales Jumped 114% in February and More Asia Real Estate Headlines
Singapore condo sales lead Mingtiandi’s collection of real estate news today, with fresh government figures showing the city state selling its second-highest number of new homes in the past eight years. In other news, Korea’s institutional investors are expected to… Read More>>
Malaysian Builder Behind Ex-1MDB Project Eyes $1.5B IPO and More Asia Real Estate Headlines
A Malaysian developer leads the way in Mingtiandi’s roundup of Asia real estate headlines with the news that the company is said to be considering an IPO that will raise up to $1.5 billion, after forming a consortium with China… Read More>>
S&P Says Hong Kong Hotels May Face 50% Fall in Revenues and More Asia Real Estate Headlines
Collapsing hotel bookings lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that hoteliers in Hong Kong could see their revenues halved, according to ratings agency S&P, as visitors stay away from the… Read More>>
Fosun to Take $1.5B Hit on Thomas Cook Collapse and More Asia Real Estate Headlines
A former British travel agency leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland China conglomerate is set to take a $1.5 billion hit after the tour operator’s collapse.
In other… Read More>>
30% of Hong Kong Retailers Put Staff on Unpaid Leave and More Asia Real Estate Headlines
A retail slump in Hong Kong, recovering home sales in China and an ongoing hunger for data centres lead today’s collection of real estate news from around Asia.
Months of protests in Hong Kong are adding to misery initially driven… Read More>>
OUE Sells French-Designed Mansion to Chairman Stephen Riady for S$95M
Singapore-listed OUE Group has sold a trophy home in the most elite enclave of the city’s ultra rich to its executive chairman, Stephen Riady for S$95 million ($68 million), according to a stock exchange announcement.
Under the terms of an… Read More>>