Dasin Retail Trust Archives - Mingtiandi https://www.mingtiandi.com/tag/dasin-retail-trust/ Asia real estate and outbound investment news Wed, 16 Aug 2023 15:27:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.1 https://www.mingtiandi.com/wp-content/uploads/2018/04/logo-only-big-90x90.png Dasin Retail Trust Archives - Mingtiandi https://www.mingtiandi.com/tag/dasin-retail-trust/ 32 32 China’s New Home Prices Fall for First Time in 2023 and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/china-new-home-prices-post-rare-decline-in-july/ https://www.mingtiandi.com/real-estate/crelist/china-new-home-prices-post-rare-decline-in-july/#respond Wed, 16 Aug 2023 09:20:55 +0000 https://www.mingtiandi.com/?p=356164 In today’s roundup of regional news headlines, China home prices slip despite government stimulus measures, and Singapore-listed Dasin Retail Trust draws a default notice. Also making the cut are a change in spousal status for China Evergrande’s boss and a... Read More>>

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]]> https://www.mingtiandi.com/real-estate/crelist/china-new-home-prices-post-rare-decline-in-july/feed/ 0 CFOTO YICHANG, CHINA - DECEMBER 15, 2022 - A commercial residential complex under construction in Yichang, Hubei province, China, December 15, 2022. According to the National Bureau of Statistics, November 2022 commercial housing sales prices continued to decline overall month on month. In November, the sales price of commercial housing in all tier cities fell month-on-month, the year-on-year increase in first-tier cities fell back, and the year-on-year decline in second - and third-tier cities slowed down. In November, among 70 large and medium-sized cities, the sales price of new commercial housing fell in 51 cities, 7 fewer than the previous month. Second-hand home sales prices fell in 62 cities, the same number as the previous month. (Photo credit should read CFOTO/Future Publishing via Getty Images) Dasin Retail Trust Scraps Proposed Deal With Mystery Mainland Entity as Restructuring Talks Drag On https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-scraps-proposed-bailout-deal/ https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-scraps-proposed-bailout-deal/#respond Thu, 06 Jul 2023 14:43:51 +0000 https://www.mingtiandi.com/?p=354335 Defaulted mall landlord Dasin Retail Trust notified the Singapore Exchange on Thursday that a proposed memorandum of understanding with a “reputable Chinese entity” has been terminated over concerns about legality and some recent actions taken by Zhang Zhencheng, who together... Read More>>

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]]> https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-scraps-proposed-bailout-deal/feed/ 0 Mingtiandi Xiaolan Metro Mall is the REIT's biggest revenue generator. (Source: Dasin) Former Chair of Dasin Retail Trust Sues to Remove Audit Head https://www.mingtiandi.com/real-estate/people/former-chairman-of-dasin-retail-trust-sues-head-of-audit-committee/ https://www.mingtiandi.com/real-estate/people/former-chairman-of-dasin-retail-trust-sues-head-of-audit-committee/#respond Mon, 29 May 2023 11:45:54 +0000 https://www.mingtiandi.com/?p=352811 One of three brothers controlling the sponsor of Singapore-listed Dasin Retail Trust is taking legal action accusing the head of the REIT’s audit and risk committee of unfair treatment in the latest challenge facing the financially troubled trust.

Zhang Zhencheng,... Read More>>

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]]> https://www.mingtiandi.com/real-estate/people/former-chairman-of-dasin-retail-trust-sues-head-of-audit-committee/feed/ 0 Mingtiandi Tan Huay Lim was previously a partner at KPMG Singapore for more than two decades Vietnam Crisis Shuts 1,800 Firms in Q1 and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/vietnams-property-crisis-shuts-1800-firms-in-q1/ https://www.mingtiandi.com/real-estate/crelist/vietnams-property-crisis-shuts-1800-firms-in-q1/#respond Tue, 25 Apr 2023 13:25:18 +0000 https://www.mingtiandi.com/?p=349351 In today’s roundup of regional news headlines, Vietnam’s construction ministry says the number of property-related businesses suspending operations soared in the first quarter at the same time that prices for some luxury homes in the country’s capital fall by 40... Read More>>

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]]> https://www.mingtiandi.com/real-estate/crelist/vietnams-property-crisis-shuts-1800-firms-in-q1/feed/ 0 (c) dpa-Zentralbild 03 January 2020, Vietnam, Ho-Chi-Minh-Stadt: View over the city. Photo: Damian Gollnisch/dpa-Zentralbild/ZB (Photo by Damian Gollnisch/picture alliance via Getty Images) Dasin Retail Trust Slapped With Default Notice After Payment Fail https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-slapped-with-default-notice/ https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-slapped-with-default-notice/#respond Fri, 20 Jan 2023 03:35:46 +0000 https://www.mingtiandi.com/?p=342112 Chinese mall landlord Dasin Retail Trust has received a letter from Macau’s Luso Bank declaring a default after the Singapore-listed REIT failed to make an interest payment on a $13.1 million loan facility.

Pursuant to the last interest payment made... Read More>>

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]]> https://www.mingtiandi.com/real-estate/retail/dasin-retail-trust-slapped-with-default-notice/feed/ 0 Mingtiandi Ocean Metro Mall in Zhongshan, Guangdong is part of Dasin REIT's China Mall REIT Appoints Financial Advisor After Missing Deadline on $564M in Debt https://www.mingtiandi.com/real-estate/retail/china-mall-reit-appoints-financial-advisor-after-missing-payment-on-564m-in-debt/ https://www.mingtiandi.com/real-estate/retail/china-mall-reit-appoints-financial-advisor-after-missing-payment-on-564m-in-debt/#respond Tue, 10 Jan 2023 13:02:12 +0000 https://www.mingtiandi.com/?p=341659 Chinese mall landlord Dasin Retail Trust has tapped a financial advisor to conduct an independent business review as the SGX-listed real estate investment trust asks lenders for an additional extension on repayment of debt worth as much as $564 million.

... Read More>>

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]]> https://www.mingtiandi.com/real-estate/retail/china-mall-reit-appoints-financial-advisor-after-missing-payment-on-564m-in-debt/feed/ 0 Mingtiandi Xiaolan Metro Mall is the REIT's biggest revenue generator. (Source: Dasin) China’s PBOC Cuts Rates as Economy Staggers and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/chinas-pboc-cuts-rates-as-economy-staggers-and-more-asia-real-estate-headlines/ https://www.mingtiandi.com/real-estate/crelist/chinas-pboc-cuts-rates-as-economy-staggers-and-more-asia-real-estate-headlines/#respond Mon, 15 Aug 2022 11:28:58 +0000 https://www.mingtiandi.com/?p=327539 Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank moving quickly to cut rates at same time that JP Morgan analysts are predicting more gloom for developers.

Also in the news, an SGX-listed... Read More>>

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]]> https://www.mingtiandi.com/real-estate/crelist/chinas-pboc-cuts-rates-as-economy-staggers-and-more-asia-real-estate-headlines/feed/ 0 Mingtiandi People’s Bank of China backs the initial tranche of real estate rescue funds. Sunac China Misses $30M Bond Payment and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/sunac-china-misses-offshore-bond-payment/ https://www.mingtiandi.com/real-estate/crelist/sunac-china-misses-offshore-bond-payment/#respond Wed, 13 Apr 2022 12:06:42 +0000 https://www.mingtiandi.com/?p=312242 China’s growing group of defaulting developers leads Mingtiandi’s headline roundup again today, with top-five builder Sunac having reportedly missed a coupon payment on an offshore bond.

The saga of Singapore co-living operator Hmlet also makes our roundup as it starts... Read More>>

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]]> https://www.mingtiandi.com/real-estate/crelist/sunac-china-misses-offshore-bond-payment/feed/ 0 Mingtiandi Sun Hongbin, Chairman of the Board and Executive Director of Sunac China attends 2017 Interim results at Conrad Hong Kong in Admiralty. 01SEP17 SCMP / Jonathan Wong (Photo by Jonathan Wong/South China Morning Post via Getty Images) Evergrande Surrenders Chengdu Land Parcels and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/evergrande-surrenders-chengdu-land-parcels/ https://www.mingtiandi.com/real-estate/crelist/evergrande-surrenders-chengdu-land-parcels/#respond Tue, 21 Dec 2021 13:13:13 +0000 https://www.mingtiandi.com/?p=259604 In today’s roundup of regional news headlines, debt-stricken China Evergrande gives up two land parcels to the government in the city of Chengdu, the Pavilia Farm project in Hong Kong is flagged again for its concrete quality, and mainland developer... Read More>>

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]]> https://www.mingtiandi.com/real-estate/crelist/evergrande-surrenders-chengdu-land-parcels/feed/ 0 Mingtiandi Causeway Bay Sale Could Set Stage for Major HK Project and More Asia Real Estate Headlines https://www.mingtiandi.com/real-estate/crelist/causeway-bay-sale-could-set-stage-for-major-hk-project/ https://www.mingtiandi.com/real-estate/crelist/causeway-bay-sale-could-set-stage-for-major-hk-project/#respond Tue, 17 Aug 2021 13:26:28 +0000 https://www.mingtiandi.com/?p=245837 In today’s roundup of regional news headlines, a plan to redevelop three buildings in Hong Kong’s Causeway Bay gets a boost, price growth eases for new homes in China, and a report labels Seoul the world’s fastest-growing commercial real estate... Read More>>

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]]> https://www.mingtiandi.com/real-estate/crelist/causeway-bay-sale-could-set-stage-for-major-hk-project/feed/ 0 Mingtiandi