In today’s roundup of regional news headlines, Bank of America files a motion to dismiss the bankruptcy cases of Eagle Hospitality Trust entities, Singapore’s Perennial Holdings and partners win a bid to develop an HSR-adjacent plot in Hangzhou, and Hong… Read More>>
CapitaLand Sinks to S$1.67B Loss in 2020 H2 and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Singapore property giant CapitaLand reports an eye-watering loss for the second half and full year of 2020, Wharf Holdings plans to lease out a posh property on Hong Kong’s Peak, and co-working… Read More>>
Keppel to Market Seoul Office Towers for Over $200M and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Singapore-based Keppel makes preparations to sell two office buildings in Seoul, Hong Kong residential developers seize an opportunity to launch super deluxe projects, and a high-end Tokyo mall reels from pandemic-driven store… Read More>>
SG’s First REIT Falls 35% After Default Warning and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Singaporean REIT’s traded units suffer a punishing loss, US developer Hines agrees to sell its stake in an Indian office project, and Danke appears to have ceased operating its home rental referral… Read More>>
Wharf Wins Parcel at Hong Kong’s Peak With Record-Breaking $1.6B Bid
Hong Kong developer Wharf Holdings Ltd on Wednesday announced its acquisition of the city’s priciest piece of residential land ever as it won a government auction of a site on Victoria Peak.
The blue-chip builder agreed to pay HK$12 billion… Read More>>
HNA Chair Barred From Flying Over $5,300 Debt and More Asia Real Estate Headlines
A once high-flying mainland investor has been grounded by the courts after failing to make a $5,300 payment ordered in a lawsuit judgement, landing HNA Group at the top of the news once again.
Also in… Read More>>
New World Selling HK Bus Biz for $410M and More Asia Real Estate Headlines
After selling some of its peripheral property holdings in Hong Kong during June, New World Development seems to be freeing up more cash with an agreement to sell off its Hong Kong bus franchises to a private equity fund managed… Read More>>
SHK Now Priced at Less Than Half of Asset Value and More Asia Real Estate Headlines
The decline in Hong Kong’s commercial property market leads today’s property news today, as the billionaire Kwok family sees their fortunes slide by nearly $8 billion as Sun Hung Kai Properties, the developer that they control sees its stock price… Read More>>
ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines
Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.
A pair of Softbank-backed startups also reappear with… Read More>>
Wharf Sells Amazon, Facebook Shares for $944M and More Asia Real Estate Headlines
A Hong Kong landlord leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the owner of the Murray Hotel in Central has raised close to $1 billion by selling off its shareholdings in Facebook and Amazon.
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