More gloom for China’s property market leads Mingtiandi’s roundup of real estate news from around the region again today as a top US investment bank estimates the sector may need $2.1 trillion in government support. Also in the headlines, HSBC’s… Read More>>
Times China Defaults on Two Offshore Bonds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Times China becomes the latest mainland developer to slip into default, while Sunac China wins a crucial lifeline from creditors, and Dutch pension fund PGGM says it is cutting back its new commitments… Read More>>
Ascott Targets 150 Lyf Co-Living Properties By 2030 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, CapitaLand Investment unit The Ascott eyes an expansion of its Lyf co-living brand, China junk bonds drop in price amid the country’s deteriorating COVID situation, and analysts predict an upswing in Singapore home… Read More>>
Asia Real Estate People in the News 2020-09-14
Top level moves at some of the biggest developers in mainland China and Hong Kong lead Mingtiandi’s roundup of personnel changes this week, with the founder of one of the region’s largest developers formally relinquishing all involvement with his company… Read More>>
CFO of HK-Listed Developer Out After Lewd Taxi Encounter Goes Viral
The chief financial officer of a Guangzhou-based developer who was caught enjoying a quickie in the back of a Hong Kong taxi was given a hasty exit from his role after a video of the former Goldman Sachs executive and… Read More>>
Future Holdings Bond Binge Continues with $1B Barrage and More China Finance News
Chinese developers continue to issue bonds both onshore and offshore this month with Jiangsu-based Future Holdings selling another $1 billion in bonds via offshore markets.
Two of the mainland’s more financially challenged builders this year also made their way into… Read More>>