Asia Pacific real estate investment news and information
Sunac China Holdings is asking holders of RMB 4 billion ($600 million) of its domestic notes to accept a second rescheduling of payments as the mainland developer struggles to raise cash due to weak sales.
Representatives of Sunac Real Estate,… Read More>>
In today’s roundup of regional news headlines, Sunac China is reportedly in talks about a rare second extension on part of an onshore bond payment, as mainland developers prepare to sit down with financial institutions next month to discuss liquidity… Read More>>
In today’s roundup of regional news headlines, South Korean investor Mirae acquires eight Amazon-leased US warehouses, the Thai billionaire who controls Singapore-listed Frasers Hospitality Trust reportedly plans to take the REIT private, and Chinese developer Sunac moves to delay an… Read More>>
In today’s roundup of regional news headlines, the industrial arm of Singapore’s Frasers Property adds a Melbourne site to its development pipeline, Chinese builder Sunac seeks a repayment extension on an offshore bond, and Hong Kong-listed Sunlight REIT secures more… Read More>>
Sunac China Holdings showed its grasp of the politics of Chinese debt over the weekend, with the top-five mainland developer reportedly making payment on a local bond less than a week after defaulting on offshore notes. Also in the news,… Read More>>
In today’s roundup of regional news headlines, Zhongliang Holdings has become the latest Chinese developer to seek extension for debt repayment as the property downturn persists in China and investors have deserted the Hong Kong office sector during the first… Read More>>
Sunac China failed to pay $29.5 million in interest on $750 million in senior notes within a grace period that ended Wednesday, sending the mainland’s third-largest developer by contracted sales into default.
In a statement to the Singapore stock exchange,… Read More>>
In today’s roundup of regional news headlines, debt-saddled developer Sunac China Holdings is reportedly shopping its stake in a Shenzhen snow park project, the city of Suzhou moves to ease homebuying rules to spur sales, and declining GDP clouds Hong… Read More>>
China’s growing group of defaulting developers leads Mingtiandi’s headline roundup again today, with top-five builder Sunac having reportedly missed a coupon payment on an offshore bond.
The saga of Singapore co-living operator Hmlet also makes our roundup as it starts… Read More>>
In today’s roundup of regional news headlines, Sunac China seeks an 18-month extension to redeem an onshore bond, as the developer and five rivals face an indefinite trading suspension on the Hong Kong stock exchange. In Singapore, meanwhile, an ultra-luxury… Read More>>
