Asia real estate and outbound investment news
China’s property sector may have reached a bottom, according to S&P Global Ratings, which expects surging sales of used homes to help stabilise the market towards the second half of 2025.
Sales activity in the secondary housing market jumped in… Read More>>
Singapore sovereign investor GIC sounds the alarm on dangers posed by climate change to the real estate industry, with that red alert leading today’s headline roundup. Also in the news, Perennial opens its transit-oriented complex in the Chinese city of… Read More>>
China Vanke completes the sale of a plot of land in Shenzhen at 27 percent below the purchase price, with that story leading Mingtiandi’s headline roundup today. Also in the news, the AI boom drives first-quarter acquisitions of APAC data… Read More>>
Japan’s thriving office market leads Mingtiandi’s headline roundup today as vacancy in top buildings falls to under 5.5 percent. Also in the news, China’s Wanda agrees to sell its UK yacht unit and S&P slashes Vanke’s credit rating to junk.
S&P Global Ratings has lowered its outlook to negative on Mirae Asset Securities and Korea Investment & Securities, with the agency flagging the Korean brokerages’ exposure to struggling property markets at home and overseas.
S&P cut its rating outlook from… Read More>>
Evergrande offshore creditors are demanding control equity stakes in the developer as well as its two Hong Kong subsidiaries, with that story leading Mingtiandi’s collection of headlines around the region. Also making the list, Blackstone has raised $2.6 billion to… Read More>>
Chinese regulators have asked Dalian Wanda Commercial Management to provide additional details on its application for a Hong Kong initial public offering, fuelling worries over the ability of the country’s largest commercial developer to meet its listing deadline this year.
Chinese developer Greenland Holding has seen its credit rating rise after winning extensions on its offshore bonds, but S&P Global on Wednesday said the Shanghai-based builder will struggle to pay off its liabilities even with two extra years to pay… Read More>>
A government move to sell a mixed-use site in Singapore’s urban core leads today’s real estate headlines from around the region, with Brookfield also making the list as the Canadian giant says it is scouting for more assets in China…. Read More>>
S&P Global Ratings downgraded Country Garden on Monday after the business performance of China’s top developer by sales failed to meet expectations and stirred doubts about the group’s liquidity in the years ahead.
S&P lowered its long-term issuer credit rating… Read More>>
