A price cut at a CK Asset project in Hong Kong leads today’s set of headlines from around Asia’s real estate industry as analysts ponder prospects for a developer price war. Also making the list is a debt restructuring plan… Read More>>
Yuzhou Blames Ernst & Young for 97% Profit Plunge and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Yuzhou points fingers at its own auditing firm after reporting a massive profit plunge, Canadian asset management giant Brookfield reportedly reaches a deal to buy the remaining stake owned by others… Read More>>
Swire Pacific Invests in Shenzhen Private Hospital and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Swire Pacific takes a second step into the mainland hospitals sector with a Shenzhen investment, shares of Australian casino giant Crown Resorts close higher than the implied price of Blackstone’s takeover bid, and… Read More>>
Yuzhou Properties Buys HK Office Floor From Chairman’s Wife for HK$898M
Members of the consortium that paid nearly $5.2 billion to purchase the Center on Hong Kong’s Queen’s Road in 2017 have been struggling in the city’s current market slowdown, but an announcement this week indicates that one of the wealthy… Read More>>
HK Developer Chinese Estates Sold Only 1 Home in 2018 and More Asia Real Estate Headlines
Developers from around the region are announcing 2018 results that range from good to bad this month, but few developers had it as tought as a major Hong Kong player which only sold one home last year, earning this story… Read More>>
Yuzhou Properties Buys Seven Mainland Projects for $591M
Chinese developer Yuzhou Properties said on Monday it would buy seven mainland projects from competitor Coastal Greenland for RMB 3.8 billion ($591 million), according to a filing to the Hong Kong stock exchange.
The portfolio, which spans more than 3.13… Read More>>
Asia Real Estate People in the News 2017-06-11
School’s out for summer across much of Asia, but many of the region’s real estate professionals are still learning new roles this week, according to our sources here at Mingtiandi. Leading the list of familiar faces headed for new places… Read More>>
Mainland Home Prices Rise for 10th Straight Month and More Greater China Real Estate Headlines
Average home prices in China rose for the 10th straight month, according to a newly published report, but some analysts expect the rally could end as early as this quarter. Regionally, the slow-down in China’s overall economy is hurting builders… Read More>>
Will Stock Rally Mean the End of China’s Small Developers?
Some of China’s biggest property developers have launched more than $1.76 billion in share offerings in the past week as the country’s real estate firms take advantage of the current stock rally.
The share sales by Hong Kong-listed China Resources… Read More>>
Which China Developer Will Be the Next to Issue Shares?
Chinese developers have taken advantage of this year’s stock rally to launch more than $1.76 billion in share sales over the last week, providing a few lucky listed companies with powerful boosts to their beleaguered balance sheets.
The share offerings… Read More>>