A new head of finance for Singapore’s Keppel Corporation leads today’s review of personnel moves from around the region, as the Temasek-backed group continues to transform itself. Also making the list is a top-level transition at China’s Gemdale and a… Read More>>
Gemdale Chairman Exit Triggers Latest China Crisis and More Asia Real Estate Headlines
The chairman of China’s Gemdale Properties resigned on Tuesday after 25 years leading the company and a resulting meltdown in the company’s stocks and bonds leads today’s collection of real estate headlines from around the region. Country Garden also makes… Read More>>
Keppel Land Exits Shanghai Apartment JV with Gemdale in $112M Sale
A unit of Singaporean conglomerate Keppel Corp is selling its stake in a residential development project in Shanghai’s suburban Jiading district for RMB 783 million ($112.3 million), exiting the joint venture it formed two years ago with local developer Gemdale… Read More>>
Keppel JV Buys Stake in Gemdale Shanghai Residential Project for $49M
Singaporean conglomerate Keppel Corp has teamed up with a mainland investor to acquire a 20 percent stake in a residential site in Shanghai’s suburban Jiading district from local developer Gemdale for RMB 344 million ($48.7 million).
The acquisition is made… Read More>>
China Setting Up $44B Developer Bailout Fund and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese officials reportedly prepare a rescue fund for debt-stricken mainland developers, a Singapore residential project nearly sells out on its first day of launch, and more Hong Kong homeowners are dumping properties at… Read More>>
MSCI Completes Acquisition of RCA and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US finance firm MSCI completes its $950 million acquisition of data provider Real Capital Analytics, local investors in China take strategic stakes in failed conglomerate HNA’s airline and airport units, and debt-saddled Evergrande’s… Read More>>
Gemdale Gets $113M Loan for Seattle Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Gemdale’s US division secures a construction loan for a Seattle high-rise, Singapore’s CapitaLand spots opportunity as China tightens credit standards, and returning mainland students give a boost to Hong Kong’s mass-housing… Read More>>
Lodha’s $341M Macrotech India IPO Set to Open Wednesday and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Indian developer Macrotech offers details of this week’s IPO, Chinese real estate group Gemdale acquires an office campus in California, and Japanese mall chain Lalaport gets ready to open its first… Read More>>
US-China HK Spat Puts Hang Lung in $132M Limbo and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Hong Kong developer feels the heat from China’s row with the US over a property sale, Singapore’s Mapletree aims to raise €500 million for its first European office fund, and the online… Read More>>
Goldman Seizes Luckin Shares after $518M Default and More Asia Real Estate Headlines
Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US investment bank is seizing shares in a scandal-hit coffee chain after the company’s chairman defaulted on a $518 million loan.
In… Read More>>
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