In today’s roundup of regional news headlines, a group of bondholders reportedly mulls legal action against Evergrande after the surprise disclosure of seized cash at the developer’s services unit, while rival Sunac China is said to be in talks to… Read More>>
In today’s roundup of regional news headlines, Chinese developers struggle to sell homes despite the government’s recent relaxation measures, a freehold residential building in Singapore changes hands for $20 million, and listings firm PropertyGuru posts strong revenue growth as profit… Read More>>
In today’s roundup of regional news headlines, Singapore Press Holdings terminates Keppel’s offer for the publisher’s real estate business in favour of Cuscaden Peak, cash-strapped Evergrande vows to restart construction and home sales, and China’s bad-debt managers move to support… Read More>>
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>>