Singapore leads the news again today as the city’s fifth housing project this week goes up for collective sale. Slightly further south in Melbourne, a Chinese developer continues to buy up suburban sites and Sunac’s Sun Hongbin reaches a bit… Read More>>
HKEX to Re-educate Sun Hongbin on Exchange Rules and More Asia Real Estate Headlines
China’s property tycoons continue to fill the headlines for al the wrong reasons today, as the Hong Kong exchange rules that heavyweight contender Sun Hongbin needs some re-education on corporate governance. Naughtiness of other sorts is in the news in… Read More>>
Sunac Pushes Back at Reports of Credit Cut and More Asia Real Estate Headlines
Leading today’s news, China’s most indebted developer says that the government is just fine with them borrowing even more. Also in the headlines, Hong Kong’s New World is getting more aggressive with its financing offers for new home buyers and… Read More>>
Shanghai Tower May Be World’s Tallest White Elephant and More Asia Real Estate News
The mainland’s tallest building is proving to be one of its hardest to fill as Shanghai’s giant corkscrew gets some media attention for its leasing struggles. Also in the headlines today, nearly all of China’s new mortgages went to first-time… Read More>>
Casino Heiress Rents Out HK Apartments at $77K Per Month and More Asia Real Estate Headlines
Stratospheric rents at Hong Kong’s highest point lead the news today as a daughter of casino magnate Stanley Ho leases out a pair of apartments on Victoria Peak for nearly US$77,000 per month. Also in the news, China’s Anbang Insurance… Read More>>
Sunac Plans $1B Bond Sale and More Asia Real Estate Headlines
China’s acquisitive corporate giants can’t seem to catch a break these days. In today’s news, debt-addled Sunac China is looking to sell up to $1 billion in US dollar bonds after snapping up nearly $15 billion in assets over six… Read More>>
Developer Evergrande Says Half-Year Profit May Triple and More Asia Real Estate Headlines
China’s biggest developer by home sales leads the news today with a prediction of a 300 percent increase in profit during the first half of 2017. Also in the headlines, the Hong Kong Monetary Authority may be getting uneasy about… Read More>>
CapitaLand’s Ascott Buys Out US Competitor for $34M and More Asia Real Estate Headlines
While China’s Xi-change on cross-border investment grabs attention, investors from Singapore and other Asian markets continue to snatch up property assets in far away places. At the top of the headlines today, Singapore’s Ascott becomes the country’s second property firm… Read More>>
R&F Buys 77 Wanda Hotels for $2.9B in Game of China’s Biggest Debtors
China’s biggest-ever property deal has taken another twist, with Guangzhou’s R&F Properties suddenly stepping in to acquire 77 hotels from Dalian Wanda Group for RMB 19.9 billion ($2.9 billion).
The acquisition is the latest twist on a sale of Wanda’s… Read More>>
Sunac is Latest Govt Target After $9.3B Wanda Deal
Sunac China has become the latest deal-hungry conglomerate to draw scrutiny from China’s regulators, with domestic banks reviewing the Tianjin-based developer’s credit risk following its decision to buy $9.3 billion worth of property assets from Dalian Wanda Group.
The China… Read More>>
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