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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>>

John Lee Ka-chiu, Chief Executive of Hong Kong (Image: John Lee campaign)

Hong Kong Property Tax Cuts Not Seen Reviving Market and More Asia Real Estate Headlines

2023/10/25 by Ponrath Sopannarath Leave a Comment

The future of Hong Kong leads today’s set of real estate headlines from around Asia Pacific as chief executive John Lee acts to revive the city’s faltering housing market. Also in the news, Country Garden is formally deemed to be… Read More>>

Country Garden’s headquarters in Foshan, Guangdong Province, China

Country Garden Creditors Push for Default Ruling and More Asia Real Estate Headlines

2023/10/24 by Ponrath Sopannarath Leave a Comment

Country Garden again leads today’s collection of real estate headlines from around Asia Pacific as the developer’s creditors seek an official ruling after a bond default last week. Also making the list, the head of one of Hong Kong’s biggest… Read More>>

Yang Huiyan Country Garden

Country Garden Sells Melbourne Project to Frasers After Bond Default

2023/10/23 by Michael Cole Leave a Comment

Country Garden Holdings has agreed to sell an unfinished housing project near Melbourne, Australia to Singapore’s Frasers Property, market sources have confirmed to Mingtiandi, with the asset sale emerging during the same week that China’s largest developer formally defaulted on… Read More>>

Evergrande Revises Restructuring Deal for $300B in Debt and More Asia Real Estate Headlines

2023/10/20 by Ponrath Sopannarath Leave a Comment

China Evergrande is back in the news as the teetering giant leads today’s headline roundup with a revised proposal for restructuring $300 billion in debt. Also in the news, the owners of a Singapore office tower head back to market… Read More>>

Ling Ke, the chairman of China’s Gemdale Properties resigned on Tuesday.

Gemdale Chairman Exit Triggers Latest China Crisis and More Asia Real Estate Headlines

2023/10/17 by Ponrath Sopannarath Leave a Comment

The chairman of China’s Gemdale Properties resigned on Tuesday after 25 years leading the company and a resulting meltdown in the company’s stocks and bonds leads today’s collection of real estate headlines from around the region. Country Garden also makes… Read More>>

china-resources-building-hong-kong

China Resources to Raise Up to $1B in Hong Kong IPO and More Asia Real Estate Headlines

2023/10/16 by Ponrath Sopannarath Leave a Comment

A real estate unit of China Resources plans to raise up to $1 billion in a Hong Kong IPO, with that story leading our roundup of real estate headlines from around the region. Also in the news, the… Read More>>

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MTD TV

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People in the News

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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

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs

Rahul Pandit

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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