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Zhang Yuanlin Sinic

Sinic Holdings Becomes First Chinese Developer to Delist During Real Estate Crisis

2023/04/09 by Christopher Caillavet Leave a Comment

Sinic Holdings, a midsize builder and early defaulter during China’s ongoing real estate crisis, is set to be the first mainland developer to be stricken from the Hong Kong stock exchange during the current real estate crisis.

Sinic’s shares will… Read More>>

Elan Paradise

PAG to Invest Another $60M with Indian Developer and More Asia Real Estate Headlines

2022/12/12 by Michael Cole Leave a Comment

Asia’s real estate markets start out the week with Hong Kong private equity firm PAG upping its India investments and a set of unhappy Singapore homeowners blocking an en-bloc sale. Also in the news, a suit by BNY Mellon is… Read More>>

Zhang Yuanlin Sinic

China’s Sinic Holdings Warns of Second $250M Default in 10 Weeks

2021/12/23 by Christopher Caillavet Leave a Comment

Sinic Holdings is staring at the prospect of a second $250 million default on offshore debt since mid-October, with the developer, which ranked as China’s 35th largest in 2020 by contracted sales, saying Wednesday that payments on a set of… Read More>>

xu jiayin run

Evergrande Says $1B Share Sale Falls $445M Short and More Asia Real Estate Headlines

2020/10/14 by Shiunne Bulsombut Leave a Comment

The ongoing financial adventures of China’s most indebted developer lead the news again today as China Evergrande’s plan to raise $1 billion through a share sale comes up about $445 million short.

India’s largest developer also gets some press today… Read More>>

Lee Shau-kee Henderson

Asia Real Estate People in the News 2020-09-14

2020/09/14 by Michael Cole Leave a Comment

Top level moves at some of the biggest developers in mainland China and Hong Kong lead Mingtiandi’s roundup of personnel changes this week, with the founder of one of the region’s largest developers formally relinquishing all involvement with his company… Read More>>

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