In today’s roundup of regional news headlines, mainland developer Evergrande looks to raise $2.1 billion ahead of an IPO for its online marketplace arm, Singapore-listed Ascendas India Trust will spend $198 million to acquire a pair of Bangalore buildings, and… Read More>>
Asia Real Estate People in the News 2021-03-29
Top level moves in Singapore lead our list of human resources updates from around the region this week, as the main regulator of land use in Singapore plucks a new leader from Frasers Hospitality Trust. Also checking in from the… Read More>>
Pandemic Leaves HK’s Ginza Retail Towers Half Empty and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Hong Kong’s Ginza-style towers clear out as COVID-19 keeps diners at home, sustainability-linked financing fills the coffers of Surbana Jurong and Sunlight REIT, and Brookfield India REIT is 77 percent subscribed on… Read More>>
Amazon Starts Legal Action Over India Partner’s Reliance Deal and More Asia Real Estate Headlines
India’s biggest retail deal of the year may also generate one of the country’s largest legal cases as Amazon says it is taking action against it local partner after Future Group entered into a $3.4 billion agreement with Reliance Industries.
Evergrande Slashes Prices by 30% for One Month and More Asia Real Estate Headlines
China’s housing market is headed into the busy season, and one of the country’s top developers has taken steps this month to make sales a bit more active by cutting nearly a third off the prices of its properties… Read More>>
Swire Properties Profit Falls 90% on Valuation Slide and More Asia Real Estate Headlines
Damage from the coronavirus pandemic continued to show up in the earnings of Asia’s top developers today as Hong Kong-listed Swire Properties reported a 90 percent drop in profit during the first six months of 2020.
Also… Read More>>
Seazen Holdings Scandal Spawns Insider Trading and More Asia Real Estate Headlines
The arrest last year of the chairman of one of China’s largest developers has led to further damage this week after one of the fallen bosses buddies was penalised for insider trading after learning that his friend was headed for… Read More>>
Yanlord, GIC Launch RMB 7B China Residential JV as Market Rebounds
SGX-listed Yanlord Land Group Limited said Tuesday it has partnered with Singapore’s sovereign wealth fund GIC to jointly develop integrated commercial and residential property projects in high-growth cities across China amid signs the mainland residential market is gradually recovering from… Read More>>
GuocoLand, Hong Leong JV Buys Chongqing Resi Site for RMB 1.68B and More Asia Real Estate Headlines
A joint venture between a pair of Singapore-listed companies leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the allied companies have purchased a residential plot in mainland China for $240 million, just… Read More>>
Citic Pacific Buys Hong Kong Luxury Residential Site for HK$3.2B and More Asia Real Estate Headlines
A Hong Kong residential site leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a Chinese state-backed conglomerate has paid $410 million for the plot in the Asian financial hub. Meanwhile, back on… Read More>>
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