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>>
China Oceanwide Said Weighing $3B Beijing Office Sale and More Asia Real Estate Headlines
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>>
Korea’s KTB Raises $478M for US Real Estate Debt and More Asia Real Estate Headlines
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>>
Evergrande to Sell Further Stake in Tencent JV for $420M as Unpaid Suppliers Swarm
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>>
Ascendas India Trust to Build First Data Centre and More Asia Real Estate Headlines
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>>
Princeton Digital Said Raising $400M Pre-IPO and More Asia Real Estate Headlines
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>>
Evergrande Raises Cash by Selling Stakes in Tencent JV, Hangzhou Developer
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
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 that… Read More>>
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