The US securities regulator issues a summons for Asia’s second-richest man as bribery allegations swirl, with that story leading today’s headline roundup. Also in the news, Hong Kong builder Far East Consortium warns of a six-month loss and Korean giant… Read More>>
Korea’s NPS Names Managers for $436M Debt Fund and More Asia Real Estate Headlines
South Korea’s biggest institutional investor appoints outside managers for a real estate debt fund, with that story leading today’s headline roundup. Also making the list, receivers sell a seized Hong Kong apartment and a Shanghai builder issues shares under a… Read More>>
GIC Warns of $500B in Climate Change Damage and More Asia Real Estate Headlines
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>>
Singapore Home Sales Plunge on Lack of Supply and More Asia Real Estate Headlines
Singapore home sales lead today’s headline roundup as transaction numbers for new units turn sour after a brief uptick. Also in the news, a plan to create Singapore’s second CBD suffers a setback and China suspends accounting giant PwC’s operations… Read More>>
CapitaLand Sells US Apartment Complex for $73M and More Asia Real Estate Headlines
CapitaLand leads today’s headline roundup at Mingtiandi, with the Singaporean giant completing the disposal of a US apartment complex. Also making the list, Chinese developer Shimao posts a massive six-month loss and casino operator The Star receives bad news from… Read More>>
Bain Capital to Boost Japan Real Estate Team and more Asia Real Estate Headlines
Japan continues to draw the attention of institutional investors with a Bain Capital plan to ramp up its real estate team in the country leading Mingtiandi’s headline roundup today. A Chow Tai Fook and Far East Consortium-backed casino operator also… Read More>>
Hong Kong Banks Struggle to Sell Foreclosed Homes and More Asia Real Estate Headlines
Hong Kong’s sliding residential market leads today’s collection of real estate headlines, with banks in Asia’s most expensive housing market struggling to find buyers for foreclosed properties. Also making the list is a UOL residential project in Singapore and an… Read More>>
Hong Kong-Backed Star Entertainment Sued for $270M by Brisbane Casino Contractor
Australia’s Star Entertainment Group has been sued in a Queensland court by the contract builder of a Brisbane resort and casino project co-owned with Hong Kong-based partners Chow Tai Fook Enterprises and Far East Consortium.
The claim by Multiplex Constructions… Read More>>
Hong Kong-Backed Star Admits Aussie Casino Guilt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Aussie casino operator Star Entertainment owns up to illegally allowing chip purchases using credit cards, and Japan’s Star Asia REIT secures first dibs on a Tokyo student housing property.
FEC,… Read More>>
Insurer Ping An Changes Property Strategy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, insurance giant Ping An increases its investment in real estate while reducing exposure to developers, and Australia’s Star Entertainment Group markets one of its Gold Coast hotels.
Ping An Adds… Read More>>