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>>
A beleaguered fashion chain leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s share price has rallied on the news that Chinese gymnastics star Li Ning has offered to buy a 67 percent stake… Read More>>
Hong Kong’s troubled hospitality sector leads the way in Mingtiandi’s roundup of Asia real estate headlines today as falling occupancy forces the closure of many of the Asian financial hub’s struggling hotels.
In other news around the region, the bondholders… Read More>>
News of one of Hong Kong’s biggest landlords failing to pay his rent leads Mingtiandi’s roundup of Asia real estate headlines today with the news that the owner of a shopping centre in Holland has launched court proceedings against personal… Read More>>
Singapore Press Holdings has made its second overseas investment in senior living facilities this week as the media and property conglomerate announced today that it has agreed to pay C$232.9 million ($176.6 million) to acquire a set of Canadian properties.
A warehouse complex leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Warburg Pincus-backed logistics specialist has sold the trio of industrial properties in Melbourne for A$20 million ($13 million), as the… Read More>>
Singapore Press Holdings (SPH), has acquired £133.7 million ($175.3 million) worth of student housing assets in the UK, allowing the publisher turned property developer to increase its portfolio of UK university accommodation by 1,243 beds to 5,059, the company announced… Read More>>
Singapore Press Holdings (SPH), a listed media group that owns the Straits Times and Business Times, is buying a portfolio of 14 student accommodation properties located in six towns and cities across the UK for S$321 million ($233 million) in… Read More>>