Asia real estate and outbound investment news
Four years after undertaking a $19.7 billion plan to achieve a back-door listing on a mainland exchange, China Evergrande’s announcement of that scheme’s failure leads Mingtiandi’s collection of real estate news from around the region.
Also in… Read More>>
The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>
In this week’s edition of People in the News, the CEO of a Mumbai-based conglomerate’s real estate business has stepped down to pursue other interests, shortly after the company posted a 91 percent plunge in third quarter profits.
In other… Read More>>
Standard Chartered Bank has sold its Principal Finance Real Estate (PFRE) business in Asia to UK emerging markets investor Actis and is reported to be close to unloading its private equity business as well. The deals mark an end to… Read More>>
At the top of today’s news, Shanghai-based Shui On Land didn’t sell off any projects in the first two months of the year, causing some dismal looking results for the Xintiandi developer. There’s better news in Singapore, which was ranked… Read More>>
Singapore-based real estate fund manager ARA Asset Management is making its first foray out of Asia Pacific by setting up a new European platform under the leadership of veteran real estate financier Mark Ebbinghaus.
Based in London, Ebbinghaus is responsible… Read More>>
For the second time in one week, Shui On Land is said to be close to selling a prime office project in Shanghai, this time for a reported RMB 3.57 billion ($575 million).
The project on the block this week… Read More>>
This week Greater China’s community of real estate professionals sees a finance specialist leave a US developer for a global bank, a major agency lose another senior executive from its capital markets team and a veteran investment broker founding his… Read More>>
Shui On Land has reportedly put Corporate Avenue One, a prime commercial asset next to the Hong Kong-listed real estate developer’s landmark Xintiandi project in Shanghai, on the market for approximately RMB 7.47 billion ($1.2 billion).
The potential sale of… Read More>>
While some analysts are predicting that the decision by China’s government to loosen home purchase restrictions will lead to a rapid recovery in the housing market, a recent survey by Standard Chartered shows that the people who need to borrow… Read More>>
