A major sovereign investor leads today’s look at real estate personnel news from around Asia with Malaysia’s EPF naming a new investment chief. Also making leadership changes this week is China’s Country Garden, which has named a new co-chair, and… Read More>>
Asia Real Estate People in the News 2022-03-21
Ongoing investigations lead today’s roundup of personnel moves from around the region and have already caused some leadership changes in China and India, as Tahoe Group announces that its chairman is no longer in command of operations, and Indiabulls Finance… Read More>>
Shimao Services Aims for HK$9.8B IPO And More China Real Estate Headlines
Today, Mingtiandi is trying out a new content type, with our introduction of a digest of mainland China real estate news stories curated from the local press.
We lead off today’s collection of headlines from around China, with an update… Read More>>
Blackstone Preps Wholly Owned India Office Portfolio and More Asia Real Estate Headlines
After last month shepherding its second India office joint venture to a successful IPO Blackstone is assembling a wholly owned commercial property platform in the country, according to a report in the local press today.
Apart from… Read More>>
Fosun Set to Lose 20% Cirque du Soleil Stake and More Asia Real Estate Headlines
Less than a year after Fosun saw its bet on the UK’s Thomas Cook end up in bankruptcy, the Shanghai-based investment firm is watching another bet on leisure spending head down the drain as creditors of Cirque du Soleil prepare… Read More>>
Vanke’s RMB 2.4B Buy of Tahoe Stake Blocked as Shares Frozen
China Vanke, the mainland’s biggest property firm by market value, last week appeared set to buy 19.9 percent of embattled villa developer Tahoe Group for RMB 2.4 billion ($343 million), however, that plan now appears in doubt.
The stake sale,… Read More>>
Canadian Pension Fund Boosts ESR Stake by 7% and More Asia Real Estate Headlines
Warehouses lead Mingtiandi’s real estate headlines from around the region today, with Warburg Pincus selling 7 percent of Hong Kong-listed ESR to a Canadian pension fund manager that had taken a cornerstone stake in the logistics developer’s IPO.
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Softbank-Backed Beike Aims for $3B US IPO and More Asia Real Estate Headlines
WeWork’s IPO belly flopped and Luckin Coffee got kicked out of the NASDAQ, but these setbacks have not deterred online property brokerage Beike Zhaofang from attempting a US stock market listing.
An account of the Softbank and Tencent-backed firm’s plans… Read More>>
CapitaLand Predicts Dip in 2020 1H Profit and More Asia Real Estate Headlines
The uneven impact of the coronavirus-fueled economic woes is evident in today’s real estate headlines as developers large and small report challenges, while market statistics from the mainland report all things normal.
CapitaLand warned on Monday of a dip in… Read More>>
Moody’s Predicts Healthier Mainland Developers and More China Real Estate Finance News
Trade wars may be jarring financial markets in Hong Kong and mainland China this week, but the market for mainland developer debt appears to be improving, with one of the major international ratings agencies predicting happier financial times ahead.
In… Read More>>