WeWork has formally filed for bankruptcy with that story leading today’s headline roundup as landlords brace for some lease renegotiations. Also in the news, defaulting mainland developer China SCE Group is shifting a Beijing mall to its property management unit… Read More>>
China Accepts Applications for First Commercial REITs and More Asia Real Estate Headlines
China’s malls can now be included in the country’s real estate investment trusts of infrastructure assets, with announcements of the first successful applications under the revised rules leading Mingtiandi’s headline roundup today. Also making the list is mainland developer Jingrui’s… Read More>>
State-Backed China Vanke Posts 19% Profit Decline and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China’s second-largest developer, Vanke, reports a relatively modest profit drop as red-chip China Resources Land posts healthier numbers. In other mainland builder news, Sunac narrows its six-month loss while Country Garden faces a… Read More>>
Asia Real Estate People in the News 2023-08-07
Infrastructure is in style and one of Canada’s largest pension funds leads this week’s collection of personnel moves from around Asia Pacific with its appointment of a new head of infrastructure overseeing its global operations. Also the making the list… Read More>>
GIC Markets Half-Stake in $332M Perth Mall and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singaporean giant GIC seeks a buyer for its 50 percent stake in an Australian mall, and signs of weakness in China’s property market continue to mount as developers pull back on land buys…. Read More>>
Asia Real Estate People in the News 2023-04-24
Some sad news mixes in with Mingtiandi’s usual crop of promotions and new hires this week as a mainland developer announces the passing of its founder and chairman. Also making our list of personnel moves this week, a Hong Kong… Read More>>
China Vanke Reports Flat Sales Despite Policy Efforts to Revive Housing Market
China’s third largest developer saw its sales drop nearly 5 percent during the first three months of 2023, despite a raft of policy measures to support the housing market.
China Vanke, which ranked behind only Country Garden Holdings and Poly… Read More>>
Thailand’s Central Eyes Stake in Vietnam Retail Group and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Thai retail giant Central is reportedly in talks to acquire a stake in Vietnam mall operator Vingroup, and China Vanke posts a rare profit in the mainland developer world.
Vietnam’s… Read More>>
Country Garden Warns of $1B Loss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, mainland property giant Country Garden foresees a $1 billion loss in its 2022 annual report, and Singapore-listed EC World REIT responds to questions about its balance sheet.
Country Garden Sees… Read More>>
Blackstone Continues to Curb BREIT Redemptions and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, fund management giant Blackstone says redemption requests for its private REIT slowed in February, and Allianz Real Estate rebrands under the PIMCO banner.
Blackstone Blocked Investor Withdrawals From $71B REIT… Read More>>
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