Asia real estate and outbound investment news
The ongoing debt challenges of China’s real estate developers lead the region’s real estate headlines again today as analysts at Nomura say the industry faces nearly $20 billion in obligations maturing over the next three months.
Also in the news,… Read More>>
The bidding war for Singapore Press Holdings’ real estate business escalated again on Monday, as Temasek-backed Cuscaden Peak announced a S$3.9 billion ($2.89 billion) offer that the Straits Times publisher judged “superior” to rival suitor Keppel Corporation’s terms.
The latest… Read More>>
In today’s roundup of regional news headlines, Singapore’s Keppel Corp raises the stakes in its bidding war for SPH’s real estate business, Canadian giant Brookfield is reportedly seeking a buyer for its IFC Seoul complex, and Chinese developer Fantasia’s shares… Read More>>
Keppel Corporation’s plan to acquire Singapore Press Holdings’ real estate business is being challenged by a rival bid from an unlikely source: a consortium backed by state holding firm Temasek and hotel tycoon Ong Beng Seng.
Cuscaden Peak, a company… Read More>>
Keppel DC REIT is expanding into the network infrastructure space under the terms of a deal announced late last week between its sponsor, Keppel Corporation, and Singapore Press Holdings which creates a new jointly held firm to hold telecom operator… Read More>>
In today’s roundup of regional news headlines, a plan to redevelop three buildings in Hong Kong’s Causeway Bay gets a boost, price growth eases for new homes in China, and a report labels Seoul the world’s fastest-growing commercial real estate… Read More>>
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of real estate assets, in a cash-and-scrip deal valuing the Straits Times publisher at S$3.4 billion ($2.5 billion).
Under an agreement between the two firms announced… Read More>>
In this week’s edition of People in the News, a stalwart of the region-wide Guoco investment group retires after 40 years of service, while the next generation rises at mainland Chinese property management firm Kaisa Prosperity Holdings. In other moves,… Read More>>
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>>
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>>
