A top level change at Country Garden’s property management division leads today’s review of personnel changes across Asia’s real estate industry, with a board change at a Singapore REIT also making the cut. Additional moves include a management shuffle at… Read More>>
Country Garden Hires Advisors as 17 October Default Deadline Looms
China’s largest developer appears to be preparing for default on more than $17 billion in offshore debt obligations as it approaches a 17 October bond payment deadline amid collapsing sales.
Country Garden Holdings alerted the Hong Kong stock exchange early… Read More>>
Investor in Evergrande EV Unit Freezes Payments and More Asia Real Estate Headlines
A fresh setback in China Evergrande Group’s quest for solvency leads today’s list of real estate headlines from around Asia as a would-be investor in the company’s car unit freezes payments. Also in the news, Country Garden faces another bond… Read More>>
ESR, China Merchants Seek Buyer for Oz Portfolio and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, industrial giant ESR is reported to be putting its Australian portfolio with China Merchants Capital up for sale, and Wuxi joins other Chinese cities in scrapping homebuying curbs. Also making the list are… Read More>>
Evergrande Wealth Management Staff Arrested and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Shenzhen cops detain staff at China Evergrande’s wealth management unit, and CDL’s First Sponsor Group acquires a Netherlands office tower. Also making the list are shadow bank Zhongrong’s state-directed bailout and Country Garden’s… Read More>>
EdgeConneX Gets Green Loans for Jakarta Builds and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, data centre developer EdgeConneX announces sustainability-linked financing for its Indonesian projects, and India’s Reliance Retail works to meet a fundraising goal with support from sovereign investors. Meanwhile, troubled Chinese homebuilder Country Garden faces… Read More>>
Hoi Hup and Sunway Win Singapore Site for $256M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Singapore government awards an executive condo site after the project drew nine bids, and a Hong Kong land tender draws a strong response as well. Also making the list are Country Garden’s… Read More>>
HSBC Hiking HK Mortgage Rate Cap by 50 Basis Points and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Hong Kong’s main mortgage lender reportedly plans to raise its rate cap for the first time this year, and troubled developer Country Garden faces a deadline to extend a group of RMB bonds…. Read More>>
India’s Mindspace REIT Buys Out Chennai Tech Park and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, India-listed Mindspace REIT acquires the remaining fraction it didn’t already own of a Chennai IT park, and Abu Dhabi sovereign fund Mubadala opens a Beijing office. Also making the list, a hotel trust… Read More>>
Country Garden Makes 11th-Hour Coupon Payments and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Country Garden narrowly avoids default on a pair of offshore bonds, and asset managers flog their Hong Kong buildings as mortgage payments threaten to overtake rental income. Also making the cut are “overinvested”… Read More>>
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