Hong Kong’s New World Development clinches a deal to refinance $11.1 billion in maturing debt, with that story leading today’s headline roundup. Also making the list, a Singaporean JV wins approval for a Sydney build-to-rent project and South Korea readies… Read More>>
China Home Price Slide Accelerates and More Asia Real Estate Headlines
New home prices dropped still faster in September despite recent government moves to support the sector, with that news leading Mingtiandi’s headline roundup today. Also making the list is a Chinese data centre operator buying a Malaysian site and Vietnam… Read More>>
GLP, Mitsui to Spend $3.5B on Japan Cold Logistics and More Asia Real Estate Headlines
Some of Japan’s biggest developers are set to splash out on chilly sheds in the coming years, with that story leading today’s headline roundup. Also on the list, a Korean finance giant sets up a fund to help distressed property… Read More>>
Singapore to Start Work on New Airport Terminal and More Asia Real Estate Headlines
Singapore’s world famous airport is about to add capacity for another 50 million passengers, with that story leading Mingtiandi’s headline roundup today. Also in the news, Centaline Group confirms its purchase of Kowloon hotel and France’s Carrefour is ready to… Read More>>
Vietnam to Prosecute Van Thinh Phat Boss Truong My Lan for Laundering $17.5B
Vietnamese authorities are seeking to prosecute Truong My Lan for money laundering, two months after the convicted boss of Ho Chi Minh City-based developer Van Thinh Phat Group was handed the death penalty for orchestrating an embezzlement scheme that led… Read More>>
EQT India Data Centre Joint Venture Raises $1.4B and More Asia Real Estate Headlines
Billionaire Gautam Adani’s data centre platform leads the Mingtiandi headline roundup today with fresh financing on the order of $1.4 billion. Also making news, Swire Properties seeks $100 million for a Miami penthouse and Blackstone’s Horizon Industrial Parks announces a… Read More>>
Lendlease Gets Fresh Backing to Avoid Restructuring and More Asia Real Estate Headlines
Australia’s Lendlease leads Mingtiandi’s look at real estate headlines from around the region today as the developer gets some fresh investment amid challenges to its management plans. Also in the news, regional data centre platform NextDC plans to raise cash… Read More>>
Boss of Vietnam’s Van Thinh Phat Condemned to Death for $27B Embezzlement Scheme
The boss of a Vietnam property investment firm was found to have cheated 42,000 investors and sentenced to death in Ho Chi Minh City on Thursday with the government saying her actions led to over VND 677 trillion ($27 billion)… Read More>>
Hong Kong’s Eric Chu Nap-Kee to Stand Trial in $12B Vietnam Corruption Case
Hong Kong investor Eric Chu Nap-kee saw the $819 million sale of his Nexxus Building in the city’s Central district rank as Asia Pacific’s second-biggest real estate asset sale of 2023, but he will struggle to enjoy that victory as… Read More>>
ADIA Considers Buying Stake in Wanda Malls and More Asia Real Estate Headlines
The Abu Dhabi Investment Authority is considering buying a minority stake in Dalian Wanda’s mall unit, with that story leading Mingtiandi’s headline roundup today. Also making the list, PGIM Real Estate ramps up its Asian private wealth business and a… Read More>>