China-based changes lead this week’s review of personnel moves from around Asia’s real estate industry with a Singaporean developer bidding farewell to its mainland chief at the same time that the Lion City’s biggest bank names a new leader for… Read More>>
Asia Real Estate People in the News 2023-08-14
New leadership for Australian developer and fund manager Lendlease’s SGX-listed real estate investment trust leads this week’s collection of personnel updates around Asia, with top level moves at US fund manager AEW and the asset management affiliate of Germany’s Deutsche… Read More>>
China Everbright Sued by Former CEO of SGX-Listed Developer for $180M
The former CEO of Ying Li International Real Estate has filed a lawsuit against China Everbright Ltd in a Chinese court over money he says he’s owed by the mainland financial conglomerate from its purchase of his controlling stake in… Read More>>
CEO of SG-Listed Developer is Latest Everbright Exec Nabbed for Corruption
The chief executive of a Singapore-listed developer has become the latest executive from China Everbright, one of the mainland’s largest state-owned financial groups, to be detained for corruption, according to a recent announcement.
Ying Li International Real Estate, which operates… Read More>>
CEO of SG-Listed Developer Detained in China and More Asia Real Estate Headlines
Key person risk in China leads today’s real estate headlines from around the region, as a Singapore-listed mainland developer reveals that its chief executive has been detained by Beijing authorities in relation to a bribery investigation.
Also… Read More>>
Korean Proptech Startup Raises $9.3M and More Asia Real Estate Headlines
Proptech leads today’s news roundup, with a Korean real estate crowdfunding startup raising a pile of money in a record-breaking series A investment round. Also in the headlines, China Vanke and ZTE are set to move ahead on a Shenzhen… Read More>>
Evergrande Buys Jumbo Chongqing Project for $498M
Mainland homebuilder China Evergrande Group is doubling down on western China by buying a 320,000 square metre office, retail, and residential project in Chongqing as part of a RMB 3.29 billion ($498 million) deal. The transaction comes just over two… Read More>>