Locally based builder Chinachem has been awarded a residential site in Hong Kong’s New Territories, with that story leading today’s headline roundup. Also making the list, GLP cancels a bond sale over insufficient demand and Mapletree Industrial Trust completes a… Read More>>
Shophouses in Singapore’s Bugis Area Selling for $55M and More Asia Real Estate Headlines
Three adjoining shophouses in Singapore’s Bugis area are being sold for a total of S$72 million ($55 million), with that story leading today’s headline roundup. In other news, Tokyo Metro has raised ¥348.6 billion ($2.3 billion) in Japan’s largest initial… Read More>>
Singapore to Make Ong Beng Seng Decision Soon and More Asia Real Estate Headlines
Singapore law enforcement officials are nearing a decision on the fate of property tycoon Ong Beng Seng, with that story leading Mingtiandi’s headline roundup. Also making the list, BlackRock says it will refrain for the time being from further real… Read More>>
Singapore Office Floor Trades at Record Rate and More Asia Real Estate Headlines
A strata office floor in Singapore’s Orchard Road is transacting at a record rate for the Lion City, with that deal leading today’s headline roundup. In other news, Canadian pension fund OMERS ups its stake in an Indian toll road… Read More>>
Singapore’s Mapletree Opening Office in Abu Dhabi and More Asia Real Estate Headlines
The growing role of Middle Eastern money in global real estate markets leads today’s list of real estate headlines from around Asia, as Singapore’s Mapletree opens up in Abu Dhabi. Also making the list is India’s Embassy REIT and bargain… Read More>>
Sino-Ocean Reaches $5.6B Debt Restructuring Deal and More Asia Real Estate Headlines
Sino-Ocean Group and its creditors reach a deal to rework the Chinese builder’s $5.6 billion offshore debt, with that story leading Mingtiandi’s headline roundup today. Also making the list, Colt Data Centre Services buys a Mumbai site and a Singapore… Read More>>
Sino-Ocean Hit With Wind-Up Petition as Debt Repayment Plan Goes Off Track
Sino-Ocean Group has received a winding-up petition filed by Bank of New York Mellon, dealing a fresh blow to the cash-strapped Chinese developer as it struggles to stick to a debt repayment plan hammered out with some of its bondholders.
Hong Kong’s Wang On Declares $95M Loss and More Asia Real Estate Headlines
Hong Kong developer Wang On Properties has swung to a $95 million loss, thanks in part to write-downs on its project pipeline, with that story leading today’s headline roundup. Also in the news, mainland developer Sino-Ocean says it will miss… Read More>>
20 Bidders Line Up for $654M Seoul Office Building and More Asia Real Estate Headlines
South Korea’s NH Financial is seeking to join a $654 million bid for a landmark Seoul office tower, with that story leading Mingtiandi’s headline roundup today. Carlyle Group also makes the list with a plan to boost its Japanese buyouts… Read More>>
Swire, China Life Fund Buying Sino-Ocean Stake in Beijing Commercial Project for $552M
Cash-strapped mainland developer Sino-Ocean has agreed to sell its entire 64.79 percent stake in a commercial project in Beijing’s Chaoyang district to joint venture partner Swire Properties and a vehicle of China Life Insurance for RMB 4 billion ($552 million),… Read More>>
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