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Ponrath Sopannarath

China’s Wanda Delaying $600 million Bond Payment

China’s Wanda Delaying $600M Bond Payment and More Asia Real Estate Headlines

2023/11/22 by Ponrath Sopannarath Leave a Comment

China’s Dalian Wanda is asking creditors to give it another year to repay a $600 million offshore bond, with that story leading today’s real estate headlines from around the region. Also in the news, Blackstone says it’s not selling its… Read More>>

China Lists 50 Real Estate Firms Eligible for Funding and More Asia Real Estate Headlines

2023/11/21 by Ponrath Sopannarath Leave a Comment

Chinese regulators are said to be drafting a list of 50 developers which will eligible for financing as part of a state-backed bailout, with that story leading Mingtiandi’s headline roundup today. Also in the news, McDonald’s agrees to buy Carlyle’s… Read More>>

PGIM Keen on Australian Rental Housing and More Asia Real Estate Headlines

2023/11/20 by Ponrath Sopannarath Leave a Comment

PGIM leads today’s collection of real estate headlines as the asset management giant talks up plans to boost its investments in Australian rental housing. Also in the news, a UOL-SingLand joint venture sells out over half of a posh new… Read More>>

URA Chairman Peter Ho Hak Ean

Singapore Adds Two Residential Sites to Land Sale Plan and More Asia Real Estate Headlines

2023/11/17 by Ponrath Sopannarath Leave a Comment

Authorities in Singapore are ready to keep pouring more homes into the city-state’s housing market with two more sites added to the government land sale plan this week. Also in the news today, UBS predicts another 10 percent drop in… Read More>>

China Home Prices Fell Again in October and More Asia Real Estate Headlines

2023/11/16 by Ponrath Sopannarath Leave a Comment

Mainland China’s ongoing housing crisis leads the real estate news from around the region today as government statistics show home prices declining at the swiftest rate in nearly nine years. Also in the news, the Hong Kong government is accusing… Read More>>

Panote Sirivadhanabhakdi of Frasers

Singapore Frasers Sinks to $54M Loss and More Asia Real Estate Headlines

2023/11/13 by Ponrath Sopannarath Leave a Comment

Singapore-listed Frasers Property leads today’s roundup of real estate headlines, as the multinational developer suffered from a change in market values. Also in the news, China’s Country Garden is aiming for a tentative debt restructuring plan by year end and… Read More>>

Blackstone to Open New Office Near Korea’s NPS and More Asia Real Estate Headlines

2023/11/10 by Ponrath Sopannarath Leave a Comment

US fund management titan Blackstone leads today’s collection of real estate headlines from around Asia as the company makes plans for a presence close to Korea’s largest pension fund. Also in the news, Morgan Stanley gets pessimistic on Singapore property… Read More>>

Ping An Denies Plans for Country Garden Takeover and More Asia Real Estate Headlines

2023/11/09 by Ponrath Sopannarath Leave a Comment

China’s Ping An leads today’s set of real estate headlines again with the insurer denying reports that it has been asked to take over developer Country Garden. Also in the news, Guangzhou’s Agile Group is selling a Malaysian project at… Read More>>

Peter Ma Mingzhe, founder and chairman of Ping An Insurance Group (Source: Ping An)

Chinese Govt Said Asking Ping An to Take Over Country Garden and More Asia Real Estate Headlines

2023/11/08 by Ponrath Sopannarath Leave a Comment

Country Garden Leads Mingtiandi’s headline roundup today, with a Reuters report indicating that China’s central government is arranging a sale of the company to Ping An Insurance. Also in the news, Korea’s National Pension Service invests in a US fund… Read More>>

WeWork Files for Chapter 11 Bankruptcy and More Asia Real Estate Headlines

2023/11/07 by Ponrath Sopannarath Leave a Comment

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>>

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People in the News

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

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Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

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India’s de facto sovereign fund leads this week’s review of personnel moves from around the region with news reports … Read More>>

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China’s Wanda Delaying $600 million Bond Payment
China’s Wanda Delaying $600M Bond Payment and More Asia Real Estate Headlines

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