A senior-level promotion at a Hong Kong-listed logistics REIT leads Mingtiandi’s first look at personnel moves from around Asia’s real estate industry for the month of December, with SF REIT naming a deputy CEO. Also making the list is another… Read More>>
China’s Yango Loses Hong Kong Wind-Up Battle and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a unit of Chinese developer Yango loses its wind-up case in a Hong Kong court, India’s DLF says it’s likely to delay a planned REIT launch, and a Singapore commercial development goes up… Read More>>
China Home Prices Fall for 13th Month and More Asia Real Estate Headlines
China’s ongoing real estate struggles lead today’s news from around the real estate world, with home prices falling for a thirteenth straight month, as sales dropped 15 percent during September. That slide also includes developer Yango Group being hit with… Read More>>
Fortune REIT to Buy CK Asset Singapore Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s Fortune REIT moves to acquire a CK Asset-built project in northeastern Singapore, two Chinese developers garner support from state-backed firms, and America’s Chapter 15 bankruptcy process hints at a way forward… Read More>>
ESR Buys Business Park in Shanghai’s Pharma Valley as First Life Sciences Asset
ESR has acquired a business park in the Shanghai biotech cluster known as Zhangjiang Pharma Valley, marking the industrial specialist’s first-ever life sciences asset.
Hong Kong-listed ESR bought the two-building campus from mainland developer Yango for an undisclosed price earlier… Read More>>
Asia Real Estate People in the News 2021-12-27
Mingtiandi’s final set of personnel updates for 2021 starts off with the Hong Kong Institute of Surveyors choosing a new chief and also brings you the latest signs of troubled from the realm of China’s indebted developers. Also making leadership… Read More>>
Evergrande Says Construction Resumes on 63 Projects and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a unit of debt-stricken Evergrande says work has resumed on dozens of projects in southern China, rival builder Vanke advises employees to cut their personal spending, and Country Garden Services’ Hong Kong-listed stock… Read More>>
Sunac China Raises $953M in Share Sale Combo and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Sunac raises cash from the sale of shares and a chunk of its property management arm, Singapore’s private home sales rebound after two months of declines, and Korean conglomerate SK Group… Read More>>
Blackstone Buys Melbourne Self-Storage for $297M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, private equity king Blackstone picks up a self-storage business in Melbourne, AirTrunk announces plans to build a massive data centre in Sydney, and China Evergrande’s electric car unit hopes to raise some cash… Read More>>
China’s CFLD Defaults on Fresh $1.2B to Bring Overdue Debts to $14.7B
A former top 10 mainland developer disclosed RMB 7.9 billion ($1.2 billion) in fresh defaults today, with China Fortune Land Development saying in a statement on its website that it was working to arrange repayment on a string of debt… Read More>>