Asia Pacific real estate investment news and information
Singapore’s Keppel Corporation announced Monday that its Philippine subsidiary and a joint venture partner had agreed to sell their half-stake in a metro Manila mixed-use complex for PHP 8 billion ($150 million).
Keppel Philippines Properties and its majority-owned Opon-KE Properties… Read More>>
In today’s roundup of regional news headlines, costly provisions in a Dalian Wanda unit’s IPO plan raise eyebrows at China’s securities regulator, and Kaisa Group becomes the latest mainland developer to warn of a massive loss in its forthcoming results.
Singaporean heavyweight CapitaLand Group is in talks to purchase Vietnamese real estate projects worth $1.5 billion from the country’s largest listed developer, Vinhomes JSC, according to an account by Reuters on Monday.
CapitaLand is in talks with the Hanoi-based firm… Read More>>
WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity about $1.5 billion in debt and extend the maturity date of $1.9 billion in other debt, as the loss-making… Read More>>
Goodman Group will join with local partners in developing air cargo logistics infrastructure on a 70 hectare (172 acre) site at Narita International Airport, as the Aussie industrial specialist carries out a plan to expand its development workbook in Japan… Read More>>
In today’s roundup of regional news headlines, defaulted developer Evergrande readies the terms of its long-awaited debt restructuring plan for a mid-week release, and China suspends the operations of Big Four accounting firm Deloitte.
Evergrande Preps Restructuring… Read More>>
Japan accounted for more than half of sales of rental apartment markets in 2022, and a quartet of experts will share their insights into the country’s multi-family investment market during Tuesday’s session of the Mingtiandi APAC Residential Forum.
Mingtiandi founder… Read More>>
CIFI Holdings is shopping some of its most high-profile real estate assets in its Shanghai hometown, including its headquarters building held with joint venture partner Henderson Land, as the cash-strapped builder warns of a multibillion-dollar loss in its full-year financial… Read More>>
Jingrui Holdings has agreed to sell a commercial building in Shanghai’s Xuhui district to state-owned China Construction Bank for RMB 132.4 million ($19.2 million), as the mainland developer continues to unload assets after a recent default on offshore debt.
Jingrui… Read More>>
A condo in the Orchard Road area has leased for a record S$15.60 per square foot per month, setting a new high-water mark in Singapore’s apartment market with analysts seeing the potential for even pricier deals in the future.
An… Read More>>
