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John Graham CPPIB

CPPIB Declares $10.5B in Earnings for Q1 and More Asia Real Estate Headlines

2024/08/15 by Michael Cole Leave a Comment

Canada’s biggest pension fund leads today’s roundup of regional headlines, with Toronto-based CPPIB reporting quarterly gains. Also in the news, China’s home-price downturn slows and a Singapore property tycoon bets on luxury condos in Australia.

Canada’s CPPIB… Read More>>

Banks Seen Intensifying Hong Kong Property Seizures and More Asia Real Estate Headlines

2024/08/07 by Ponrath Sopannarath Leave a Comment

PwC says banks are likely to take more action on Hong Kong’s distressed buildings, with that story leading Mingtiandi’s headline roundup today. Also making the list, India’s RMZ and the Canada Pension Plan Investment Board complete a $264 million Chennai… Read More>>

Shanghai Hotel Sold at Auction for $59M and More Asia Real Estate Headlines

2024/07/01 by Ponrath Sopannarath Leave a Comment

A distressed sale in Shanghai leads today’s review of real estate headlines from around the region, with the hotel in Huangpu district selling online in less than an hour. Also in the news, China’s home sales continued to slide in… Read More>>

Cheng Wai

Wing Tai Places $343M Top Bid for Luxury Site in Singapore’s River Valley

2024/06/20 by Christopher Caillavet Leave a Comment

A luxury residential site in Singapore’s posh River Valley area drew two bids in a tender that closed Wednesday, including the top offer of just under S$464 million ($343.6 million) from developer Wing Tai Holdings, according to an announcement by… Read More>>

Wang Jianlin Wanda Commercial

ADIA Considers Buying Stake in Wanda Malls and More Asia Real Estate Headlines

2024/02/07 by Ponrath Sopannarath Leave a Comment

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>>

Cheng Wai

Singapore’s Wing Tai Buys Melbourne Site and More Asia Real Estate Headlines

2023/12/12 by Ponrath Sopannarath Leave a Comment

Wing Tai Holdings leads our roundup of real estate headlines today as the Singaporean developer announces the acquisition of a Melbourne site. Making the list from farther north is Queensland’s QIC, which is expanding its Asia presence with a Singapore… Read More>>

Rendering of Lakegarden Residences

Singapore Home Sales Retreat From July Peak as Supply Slows

2023/09/16 by Beatrice Laforga Leave a Comment

Singapore new private home sales dropped by 72 percent in August from the previous month to 394 units as developers rolled out fewer projects.

Data from the Urban Redevelopment Authority (URA) on Friday showed that developer sales of new homes… Read More>>

Rendering of Lakegarden Residences

Wing Tai Sells Just 23% of Available Homes at Singapore Condo Project Debut

2023/08/07 by Beatrice Laforga Leave a Comment

Wing Tai Holdings sold 23 percent of its upcoming condo project in Singapore’s suburban Jurong district during its launch weekend, a modest take-up for the developer which warned late last week of lower profits in its latest financial year.

The… Read More>>

Yang Huiyan Country Garden

Country Garden Said Cancelling Share Sale and More Asia Real Estate Headlines

2023/08/01 by Michael Cole Leave a Comment

A cash crunch for China’s largest home-builder leads today’s roundup of real estate headlines from around the region as Country Garden struggles with a slowing housing market. Also in the news, Hong Kong homeowners are getting motivated to sell and… Read More>>

Wing Tai executive director Tan Hwee Bin

Wing Tai Cancels Buy of Singapore Residential Project as Market Cools

2023/07/29 by Michael Cole Leave a Comment

Developer Wing Tai Holdings is backing out of a deal to acquire a residential project in Singapore’s Holland Village area, saying that conditions for completion of the deal signed by its Wincove unit in March had not been met.

“The… Read More>>

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