Defaulted developer China Oceanwide’s Hong Kong listing is to be cancelled next week, with that announcement leading today’s headline roundup. Also making the list, creditors of Xinyuan Real Estate push for bankruptcy proceedings in New York and shadow bank Zhongrong… Read More>>
Lendlease Taps Mitsubishi Estate for $337M Sydney Project and More Real Estate Headlines
Lendlease teams up with Mitsubishi Estate to buy a residential site in Sydney for a new $337 million project, with that story leading Mingtiandi’s headline roundup today. Also making the news, a Singapore tycoon sells a $43 million bungalow and… Read More>>
Chongqing Loosens Homebuying Restrictions and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s sprawling Chongqing joins the list of mainland cities easing homebuying restrictions, and NYSE-listed Xinyuan Real Estate posts a ballooning loss for the first half of 2022.
Chongqing Joins Dongguan,… Read More>>
HKEX Censures 4 Former Directors of Xinyuan Unit, Bars Founders From Decision-Making
The Hong Kong stock exchange has censured Xinyuan Property Management Service and four of the company’s former directors, including the husband-and-wife team behind New York-listed parent group Xinyuan Real Estate, for breaking rules governing connected transactions.
Under an agreement reached… Read More>>
Xinyuan Property Services Unit Probes Loans After Founders’ Departure From Board
Hong Kong-listed Xinyuan Property Management Service has opened an investigation into RMB 402 million ($56.8 million) in loans that its parent group obtained by pledging bank deposits held by the services unit.
While conducting its year-end asset checking and budgeting… Read More>>
Asia Real Estate People in the News 2022-09-27
Savills Investment Management is continuing to expand its footprint in Asia Pacific, with the UK fund manager leading this week’s collection of personnel moves by naming a new head of its debt division for the region. Also making leadership changes… Read More>>
BlackRock to Double Singapore Space and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, asset management champ BlackRock plans a major expansion in Singapore, private equity giant Blackstone completes its acquisition of Aussie casino operator Crown Resorts, and Fitch Ratings drops coverage of a Chinese homebuilder.
Asia Real Estate People in the News 2018-07-09
A set of board level changes lead this week’s look at who’s changing places in Asia’s real estate world, as an Anbang executive appears to be exiting a role as some of the mainland’s leading corporates, and Korea’s biggest pension… Read More>>
Blackstone Said Buying $1.3B Mumbai Office Stake and More Asia Real Estate Headlines
India continues to be a hub of activity for US private equity real estate investors, with reports emerging today that Blackstone is set to invest another $1.3 billion in a set of Mumbai office assets. Also in the news, Brookfield… Read More>>
Asia’s Richest Woman Gets Ready for New York IPO and More Asia Real Estate Headlines
Leading today’s news, Asia’s richest woman could get wealthier still, thanks to an upcoming $200 million New York IPO for developer Country Garden’s education affiliate. Also in the headlines, a site along Hong Kong’s West rail line draw 35 expressions… Read More>>
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