In today’s roundup of regional news headlines, the family of billionaire Joseph Lau cuts its losses with the liquidation of its position in bonds issued by developer Kaisa Group, which is reportedly seeking buyers for Kaisa Prosperity Holdings, the group’s… Read More>>
Evergrande to Sell $1.5B Stake in Shengjing Bank and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-saddled China Evergrande announces plans to sell a large stake it holds in a mainland bank, developer China Aoyuan’s chairman teams with his Henderson Land counterpart to buy Aoyuan shares, and Hong Kong… Read More>>
Carrie Lam Mum on Reports Beijing Pushing HK Builders and More Asia Real Estate Headlines
Today’s roundup of regional news headlines kicks off with Hong Kong developers in the hot seat, as a report surfaces that they’ve been pressured to toe the Beijing party line, sending shares tumbling. The city’s top leader had no comment… Read More>>
Defective New World Condo Project in Hong Kong Leads to $850M Slide in Market Value
Buyers at one of Hong Kong’s hottest residential projects got some unsettling news late last week, as New World Development said construction defects would force the demolition and rebuilding of some parts of the company’s Pavilia Farm complex atop Tai… Read More>>
Alibaba to Launch First Philippine Data Center and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Alibaba Cloud announces plans to build its first data centre in the Philippines, China Evergrande’s shares take investors on a wild ride, and Hong Kong transit operator MTR tries to ease conflict-of-interest concerns… Read More>>
China’s JD Logistics Set to Raise $3.2B In Hong Kong IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, JD Logistics is reportedly set to price its Hong Kong IPO near the bottom of the target range, South Korean investors are readying a lawsuit over a Las Vegas construction loan turned sour,… Read More>>
Wheelock Wins Rights to MTR Wong Chuk Hang Project and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong blue-chip developer Wheelock has beat out a field of local heavyweights to win the rights to the last slice of land above the MTR station in Hong Kong’s Wong Chuk Hang… Read More>>
New World, Empire, Lai Sun and CSI Team Up to Buy Hong Kong MTR Site
Hong Kong’s MTR Corporation has awarded the rights for the fifth phase of property development at Wong Chuk Hang metro station to a consortium of four local developers, reportedly for a lower premium than was paid in the fourth-phase tender.
Alibaba Unit Leases Most of ARA, Chelsfield SG Project and More Asia Real Estate Headlines
In this edition of Mingtiandi’s regional news roundup, Alibaba’s Lazada e-commerce unit leases an expanse of Singapore office space, China plugs loopholes exploited by buyers to load up on multiple properties, and Hyundai mulls a major design change for its… Read More>>
FCT to Divest Singapore Shopping Centre for S$110M and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, a Singaporean trust prepares to sell a shopping centre for S$110 million, GLP forms a China fund to buy Shanghai port assets, and McDonald’s breaks ground on an industrial park in… Read More>>