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>>
Singapore’s Wing Tai Buys Melbourne Site and More Asia Real Estate Headlines
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>>
Singapore Home Sales Retreat From July Peak as Supply Slows
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>>
Wing Tai Sells Just 23% of Available Homes at Singapore Condo Project Debut
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>>
Country Garden Said Cancelling Share Sale and More Asia Real Estate Headlines
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 Cancels Buy of Singapore Residential Project as Market Cools
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>>
Wanda Commercial Races to Raise Cash for Bond and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Dalian Wanda’s property management unit reportedly eyes the sale of an unidentified asset to raise cash to pay a maturing offshore bond, with rating agencies warning of an imminent default. Also making the… Read More>>
Wing Tai Wins Residential Site in Singapore’s Holland Village for $57M
Wing Tai Holdings has won a tender for the collective purchase of a residential building in Singapore’s posh Holland Village area for S$76.3 million ($56.8 million), with the developer planning to remake the site into luxury housing as the city-state’s… Read More>>
CPPIB Net Assets Climb to $398B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Canada Pension Plan Investment Board reports a positive quarterly investment return, though values of private assets under management “remained relatively flat”.
CPPIB Reports 1.9% Return, Net Assets Increase to… Read More>>
Temasek-Backed STT GDC Eyes $1B IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s ST Telemedia Global Data Centres reportedly contemplates an initial public offering, Dalian Wanda’s services unit scores a big offshore loan, and Kaisa Group is taken to court in New York over missed… Read More>>
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