Sustainability is helping Singapore’s Frasers Property to access some fresh cash with news of the developer landing a $670 million green credit facility leading today’s headline roundup. Ping An Bank also makes the news with plans to shift Shanghai staff… Read More>>
HSBC, StanChart Raise Best HK Mortgage Rates and More Asia Real Estate Headlines
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>>
Keppel Land Exiting Myanmar Hotel Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s Keppel Land sells out of a Myanmar hotel development, and insurance giant Ping An Group says it’s on the hook for about a fourth of the estimated damage bill from the Kimpton… Read More>>
China Home Sales Slide Over May Day and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s bid to boost home sales during the Labour Day holiday week falls flat, Shanghai’s state-backed landlords suspend rent collection from tenants for up to six months, and Singapore-listed OUE Commercial REIT aims… Read More>>
CPPIB, Tata Launch $670M India Office Park JV
The Canada Pension Plan Investment Board (CPPIB) is betting on India’s office market for the third time in one year, with the North American giant this week announcing an INR 53 billion ($696 million) joint venture with the property development… Read More>>
S&P Tags Evergrande a Defaulter and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, ratings agency S&P labels China Evergrande a defaulter and withdraws coverage of the group, mainland authorities ramp up support of the property sector by connecting banks with distressed developers, and Hong Kong’s West… Read More>>
APG-Xander JV Buys Pair of India Malls From Tata Realty for INR 7B
A joint venture between Xander Group and Dutch pension fund manager APG has acquired a pair of shopping malls in India from Tata Realty for INR 7 billion ($100 million), according to an announcement.
The acquisition of the two Trilium-branded… Read More>>