In today’s roundup of regional news headlines, Sunac’s shares soar after the Chinese developer denies reports that it requested help from a city government, shares of Evergrande NEV plunge after the electric-car unit issues a liquidity warning, and JLL says… Read More>>
Meritz Fund Buying 50% Stake in DC Office Building and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, South Korean investment firms are heading stateside as one looks to buy a half-stake in a Washington DC office building and two others complete the purchase of a California residential complex. In China,… Read More>>
Evergrande Leaders Pledge to Deliver Projects and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s top executives promise — in writing — to complete the cash-strapped group’s property projects, while fellow mainland developer Sunac is reportedly contemplating a Hong Kong IPO to spin off its indoor… Read More>>
Sunac China Buying Hangzhou Hotel, Office Tower From Oceanwide for $340M
A pair of mainland developers — cash-strapped China Oceanwide Holdings and distressed-asset enthusiast Sunac China Holdings — have seen their interests converge once again, with Sunac agreeing to buy two of Oceanwide’s Hangzhou properties for RMB 2.2 billion ($340 million),… Read More>>
Giordano to Close Six More HK Shops Amid $112M Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong retailer Giordano plans to close six stores in the city after reporting a full-year loss, JD.com’s shares slide on fears of overstretched logistics spending, and China Evergrande’s chairman looks beyond his… Read More>>
Pandemic Leaves HK’s Ginza Retail Towers Half Empty and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Hong Kong’s Ginza-style towers clear out as COVID-19 keeps diners at home, sustainability-linked financing fills the coffers of Surbana Jurong and Sunlight REIT, and Brookfield India REIT is 77 percent subscribed on… Read More>>
China Evergrande Mainland Listing Plan Fizzles and More Asia Real Estate Headlines
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 the news, Canada’s… Read More>>
Shanghai Skyscraper Now on Sale for Singles Day And More China Real Estate Headlines
Alibaba’s Singles Day celebration next month is expected to move $10 billion worth of merchandise, but this year the annual shopping event will also include a Shanghai skyscraper, or at least 25 floors of one.
The inclusion of the residential… Read More>>
Ascendas REIT Buys Sydney Logistics Project for S$21M and More Asia Real Estate Headlines
The latest investment in Australia by a Singapore-listed fund leads today’s collection of real estate headlines here on Mingtiandi, as Ascendas REIT adds a new logistics project to its Aussie portfolio.
Also in the news, as its… Read More>>
Sunac Wins Tianjin Housing Plot for RMB 1.2B and More Asia Real Estate Headlines
A land sale in a masterplanned eco-city in China leads Mingtiandi’s roundup of Asia real estate headlines today as a mainland developer plunks down RMB 1.2 billion ($170 million) got a 1.2 million square foot residential parcel.
In other news… Read More>>
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