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Dalian Wanda chairman Wang Jianlin

Wanda Sells $320M Stake in Investment Unit to Ex-Evergrande Venture as Bond Comes Due

2023/07/24 by Christopher Caillavet Leave a Comment

Dalian Wanda Group has agreed to sell a 49 percent stake in its investment division for RMB 2.27 billion ($320 million), with reports indicating that the cash raised will go towards repaying a $400 million offshore bond scheduled to mature… Read More>>

Evergrande Real Estate Group Chairman of the Board Hui Ka-yan attends Evergrande Real Estate result announcement at the JW Marriott in Admiralty. 29MAR16 SCMP/ Nora Tam

Evergrande Boss Commits to Repaying Debt and More Asia Real Estate Headlines

2023/01/03 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China Evergrande’s Xu Jiayin promises results in a New Year message to employees, and the developer’s electric car unit prepares for a round of layoffs and salary cuts.

Evergrande Vows… Read More>>

Zhongliang IPO

Zhongliang Gets Extension on $629.8M in Bonds and More Asia Real Estate Headlines

2022/05/17 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, mainland developer Zhongliang wins a repayment extension from holders of some of its offshore bonds, a GIC-backed venture completes the disposal of a San Francisco hotel, and the Singapore government puts three residential… Read More>>

minsheng tower oceanwide beijing

China Oceanwide Said Weighing $3B Beijing Office Sale and More Asia Real Estate Headlines

2021/09/07 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, developer Oceanwide is said to be looking to sell its main office in Beijing at a price tag of $2 billion, Hong Kong’s government bans Goldin chairman Pan Sutong from pre-selling flats at… Read More>>

Passport building at Brussel airport, a building that KTC acquired in 2018

Korea’s KTB Raises $478M for US Real Estate Debt and More Asia Real Estate Headlines

2021/08/10 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, South Korea’s KTB closes on capital commitments for a fund investing in mortgage loans for US multi-family housing, Softbank-banked Oyo Hotels reportedly contemplates an India IPO, and Cushman & Wakefield is in talks… Read More>>

Pony-Ma tb

Evergrande to Sell Further Stake in Tencent JV for $420M as Unpaid Suppliers Swarm

2021/08/02 by Christopher Caillavet Leave a Comment

Debt-saddled developer China Evergrande Group continues to reduce its shareholding in its Hong Kong-listed internet division, HengTen Networks Group, as it announced plans yesterday to offload a HK$3.25 billion ($420 million) stake.

The news comes less than two months after… Read More>>

Capitaland first data centre in India

Ascendas India Trust to Build First Data Centre and More Asia Real Estate Headlines

2021/07/05 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Ascendas India Trust splashes out on the development of a large Navi Mumbai data centre, the indebted former owner of Singapore’s Park Hotel Group is wound up, and Tencent plans a fancy… Read More>>

PDG Date Centre on Ang Mo Kio Avenue Singapore

Princeton Digital Said Raising $400M Pre-IPO and More Asia Real Estate Headlines

2021/06/25 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, data centre firm Princeton Digital is reportedly raising funds to the tune of a $2 billion valuation, Chindata Group inks its own server-hosting deal with tech giant Tencent, and the first residential project… Read More>>

xu jiayin run

Evergrande Raises Cash by Selling Stakes in Tencent JV, Hangzhou Developer

2021/06/23 by Christopher Caillavet Leave a Comment

China Evergrande Group, the country’s most indebted property developer, is raising some quick cash this week by selling off assets ahead of a scheduled repayment of a $1.47 billion offshore bond maturing next week.

The Shenzhen-based company led by billionaire… Read More>>

Tencent Cloud Launches First Indonesia Data Centre And More Asia Real Estate Headlines

2021/04/12 by Pimfha Chandhapradit Leave a Comment

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>>

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