Higher interest rates for Hong Kong homebuyers lead today’s survey of real estate news from around the region as the city’s biggest lenders adjust to central bank moves. Also making the list today is a Swire ground-breaking on a Miami… Read More>>
Asia Real Estate People in the News 2023-04-17
This week’s roundup of real estate people moves gets started with a property agency reaching into the world of auto racing to supercharge the launch of its private office division in Hong Kong. Also making the list are board level… Read More>>
Sunac China Shares Drop 59% as Trading Resumes and More Asia Real Estate Headlines
One of China’s largest developers was able to resume trading of its shares on the Hong Kong exchange today, with investors promptly selling off equity in the defaulting builder. Also making our headline roundup today is a data centre joint… Read More>>
Fosun Selling Stake in Steelmaker for $2B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese conglomerate Fosun plans to offload its interest in steel group Nanjing Nangang, and mainland new home prices climb at their fastest pace since last June.
Fosun Group Sells Nangang… Read More>>
Sunac China Sweetens Offshore Debt Deal and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, developer Sunac China reaches a deal with holders of 30 percent of its offshore debt, and Best Mart 360’s co-founders enter an agreement to sell a large stake in the Hong Kong store… Read More>>
Wheelock Boss Splashes $7.6M for HK Condo and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Douglas Woo of Wheelock & Co bags a luxe apartment in Hong Kong’s Repulse Bay, and mainland developer Sunac warns of a 2022 loss on the order of $4 billion.
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>>
Blackstone Chases $660M for Sydney Tower and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Blackstone looks Down Under for its latest potential asset disposal, and China’s government ponders a novel method to maintain state control of private firms.
Blackstone Could Fetch A$1B as It… Read More>>
Times China Defaults on Two Offshore Bonds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Times China becomes the latest mainland developer to slip into default, while Sunac China wins a crucial lifeline from creditors, and Dutch pension fund PGGM says it is cutting back its new commitments… Read More>>
Cash-Strapped Sunac Selling Off Shenzhen Ski Project Stake for $509M
Struggling developer Sunac China Holdings has agreed to sell its majority stake in a sprawling indoor ski resort project in Shenzhen for RMB 3.6 billion ($509 million), two years after teaming up with a government-backed builder to purchase the site.
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