In today’s roundup of regional news headlines, Chinese internet giant Tencent launches its first data centre in Indonesia, the investment arm of Canada’s biggest pension plan announces an Indian office joint venture with developer RMZ, and another Indian developer, Macrotech,… Read More>>
Tencent-Backed Real Estate Website Anjuke Applies for Hong Kong IPO
Shanghai-based online property brokerage Anjuke Group has taken its first step towards a listing in Hong Kong by filing an IPO application with the stock exchange on Thursday.
The Tencent-backed company didn’t disclose the size or timetable for the initial… Read More>>
CK Asset Drops Suit Against Goldin Chairman and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Hong Kong property giant CK Asset drops its lawsuit against Goldin chairman Pan Sutong, WeWork says it will launch its biggest Singapore space within a year, and China’s statistics bureau reports… Read More>>
Developer CFLD Defaults on Another $1.3B in Debt and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, heavily leveraged mainland developer CFLD announces its latest default, China’s Sincere Property throws shade on joint venture partner CDL of Singapore, and 41 parties enter the race for a Hong Kong development project.
Tencent to Open First SG Office in OCBC Centre East and More Asia Real Estate Headlines
Singapore continues to attract tech giants from both east and west, with China’s Tencent now reported to be opening its first office in the city-state, soon after Tiktok’s parent firm Bytedance chose to upsize its footprint in the city.
Also… Read More>>
HNA Chair Barred From Flying Over $5,300 Debt and More Asia Real Estate Headlines
A once high-flying mainland investor has been grounded by the courts after failing to make a $5,300 payment ordered in a lawsuit judgement, landing HNA Group at the top of the news once again.
Also in… Read More>>
Tencent to Open SE Asia Regional Hub in Singapore and More Asia Real Estate Headlines
WeChat has already become a point of controversy in India and the US, but that hasn’t dissuaded the messaging app’s parent firm, Tencent from plotting regional expansion, with the Shenzhen-based tech giant announcing plans this week for a new regional… Read More>>
Alibaba, Tencent, Huatai Lead $3B Investment in Evergrande Spin-Off Pre-IPO
Some of Greater China’s largest investors have agreed to pay a total of HK$23.5 billion ($3 billion) for stakes in China Evergrande’s property management unit ahead of an anticipated IPO in Hong Kong, according to an announcement late last week.
Investors Aiming for 35% Discounts on HK Offices and More Asia Real Estate Headlines
Beijing’s controversial new security law may worry many Hong Kong residents, but potential property investors seem to see the new legislation as an opportunity to pick up office assets on the cheap, according to one news account today.
Also finding… Read More>>
Alibaba Takes on Half of S$365M Debt in SG’s AXA Tower Deal and More Asia Real Estate Headlines
A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>
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