A businessman tagged under a Singapore law on foreign interference is tied to a mainland mining tycoon, with that story leading Mingtiandi’s headline roundup today. Also in the news, Indian real estate consultancy Anarock raises $24 million to expand its… Read More>>
Country Garden Set for Full Australia Exit and More Asia Real Estate Headlines
China’s Country Garden leads today’s headlines from around the region with its Australia subsidiary striking a deal to sell its stake in the developer’s last Aussie project. Also in the news, Macquarie Asset Management and PSP Investment are reportedly preparing… Read More>>
Country Garden Set to Avoid RMB Bond Default and More Asia Real Estate Headlines
Country Garden is likely to avoid its first default on RMB notes after the majority of bondholders agreed to defer payment, with that story leading Mingtiandi’s headline roundup today. Also in the news, Li Ning goes into damage-control mode as… Read More>>
Asia Real Estate People in the News 2023-12-11
A new head of real estate at one of Canada’s largest pension fund managers leads Mingtiandi’s round of industry personnel moves from around the region this week as the Ontario Teachers’ Pension Plan reorganises its management. Also making the list… Read More>>
Singapore Adds Two Residential Sites to Land Sale Plan and More Asia Real Estate Headlines
Authorities in Singapore are ready to keep pouring more homes into the city-state’s housing market with two more sites added to the government land sale plan this week. Also in the news today, UBS predicts another 10 percent drop in… Read More>>
WeWork Files for Chapter 11 Bankruptcy and More Asia Real Estate Headlines
WeWork has formally filed for bankruptcy with that story leading today’s headline roundup as landlords brace for some lease renegotiations. Also in the news, defaulting mainland developer China SCE Group is shifting a Beijing mall to its property management unit… Read More>>
Evergrande Rolls Out New Restructuring Plan and More Asia Real Estate Headlines
China Evergrande leads the region’s real estate news again today with the defaulting mainland developer proposing a new debt restructuring plan providing creditors equity in its electric vehicle and property management units. Also in the headlines, Hong Kong cancels a… Read More>>
WeWork Plans Bankruptcy Filing Next Week and More Asia Real Estate Headlines
The ongoing financial struggles of shared office provider WeWork lead today’s collection of real estate headlines from around the region, with the company said to be planning a formal bankruptcy filing as early as next week. Also in the news,… Read More>>
WeWork Creditors Battle for Post-Restructuring Control and More Asia Real Estate Headlines
Creditors of defaulting shared office provider WeWork are now fighting over control of the company as it enters restructuring, with that story leading Mingtiandi’s headline roundup today. Also making the cut is a “final adjournment” of China Evergrande’s liquidation hearing… Read More>>
Vietnam Says Van Thinh Phat Committed $1.2B Fraud and More Asia Real Estate Headlines
The scam that brought down Vietnam’s real estate market leads today’s collection of headlines from around the region, with police in Southeast Asia’s fastest-growing economy giving an update on the Van Thinh Phat saga. Also in the news, Evergrande resumes… Read More>>
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