In today’s roundup of regional news headlines, sovereign investor GIC reportedly lends financial muscle to a build-to-sell residential venture in Australia, an IMF official sees a long road ahead for China’s property crisis, and Singapore’s Keppel Land sells its stake… Read More>>
In today’s roundup of regional news headlines, Eagle Hospitality Trust completes the disposal of its remaining non-auctioned Chapter 11 hotels, debt-stricken developer Evergrande makes good on its $1.8 billion offshore bond, and Hong Kong home prices rise for a fifth… Read More>>
In this week’s edition of People in the News, the COO of property developer SM Prime Holdings’s mall management unit, which operates 81 malls in the Philippines and China, has stepped up to president of the company’s retail division.
In… Read More>>
Stories from Bangalore to Brooklyn make their way into Asia’s real estate world today – with a brief stop over in the Bay Area (just the standard Bay Area, without any proclamations of Great-ness).
In Bangalore, Blackstone-backed Embassy Office Parks… Read More>>
The Philippines biggest retail developer must be hoping that Christmas is catching on in Tianjin as it now has 565,000 square metres of retail space to fill in the famously oversupplied Chinese second-tier city. Also in the headlines today, Shanghai… Read More>>
While China had Singles’ Day earlier this month, Friday brings about the biggest shopping day in America, Black Friday. Not to be outdone by overzealous shoppers looking to grab the hottest toy, several real estate players made their own purchases… Read More>>
Wanda chairman Wang Jianlin is right where he likes to be, in the headlines. He revealed Dalian Wanda will spend $16 billion in Hunan province building malls, theme parks and various other things. Also of note, homebuyers are bailing on… Read More>>
Mall developer SM Prime, the listed vehicle of Filipino billionaire Henry Sy has already dipped into at least $50-$100 million of a recent bond sale to help bring to market its 530,000 square metre SM Tianjin Shopping Centre project… Read More>>
Although China’s residential real estate markets are continuing to slow this month, debt investors seem to be taking a more positive attitude as mall developer SM Investments successfully raised $350 million through a bond sale.
According to stories in the… Read More>>
The mall developer controlled by the Philippines’ richest man has announced that it is raising $740 million in debt financing to expand its retail projects in China and its home country, as the company appears to be backing away from… Read More>>