Asia real estate and outbound investment news
Dalian Wanda Group’s billionaire chairman, Wang Jianlin, has pledged his entire 65 percent stake in the Chinese conglomerate’s hotel division as collateral to secure a loan for another Wanda subsidiary from Singaporean state holding firm Temasek.
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In today’s roundup of regional news headlines, a Singapore redevelopment project wins a record-setting green loan, Temasek Holdings admits to a $275 million hole in its portfolio after investing in troubled crypto exchange FTX, and mainland developer China Evergrande touts… Read More>>
In today’s roundup of regional news headlines, Singapore apartment rents deliver a hot streak of 21 straight monthly increases, some well-known institutional investors race to buy a stake in an Indian logistics firm, and China Evergrande’s Hong Kong trophy headquarters… Read More>>
In today’s roundup of regional news headlines, China’s top developer by sales posts a record profit decline, Hong Kong’s PAG agrees to buy a Dutch-themed Japanese theme park, and flustered Evergrande bondholders push their own debt restructuring plan.
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Singapore’s Temasek Holdings saw its portfolio hit a record high of S$403 billion ($297 billion) in the year to 31 March, as the sovereign fund re-established the Lion City as its biggest single-country investment location and cut back on its… Read More>>
In today’s roundup of regional news headlines, a row of shophouses in Singapore’s Lavender Street sells for $50 million as an entire floor at the Suntec City office complex hits the market. Meanwhile, Frasers Hospitality Trust lays out contingency plans… Read More>>
Just two weeks after being added to an SEC watchlist which could lead to its shares being delisted by the New York Stock Exchange, Chinese real estate brokerage Ke Holdings has found a new home for its equity, with that… Read More>>
In today’s roundup of regional news headlines, unitholders agree to the merger of ESR-REIT and ARA Logos Logistics Trust, Temasek-backed Cuscaden Peak wins approval to acquire Singapore Press Holdings’ real estate assets, and Hong Kong developer K Wah posts a… Read More>>
The boom in blank-cheque companies may look like a bust in New York, but the pre-packaged investment arrangements look set for a second act in Southeast Asia as two Temasek Holdings-backed firms prepare to launch Singapore-listed SPACs, including one with… Read More>>
The bidding war for Singapore Press Holdings’ real estate business escalated again on Monday, as Temasek-backed Cuscaden Peak announced a S$3.9 billion ($2.89 billion) offer that the Straits Times publisher judged “superior” to rival suitor Keppel Corporation’s terms.
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