China debt crunch
China's distressed property developers reveal wave of job cuts
Defaulted companies carry out double-digit reductions as revenues fall, debts pile up
Property
Property
Philippine SM Group to invest $2bn in 2024, boost property segment
Bouyed by healthy consumer business, conglomerate to expand capex by 40%
China debt crunch
Hong Kong regulator to probe PwC over China Evergrande audits
Whistleblower report claims years of ignoring property developer's misconduct
Market Spotlight
Hotels are new darling of foreign investors in Japanese property
Deals expected to maintain 2023 levels, thanks to weak yen
Property
Mitsui Fudosan to lead $5.8bn redevelopment of Tokyo's Tsukiji market
50,000-seat stadium, commercial facilities, hotels and more planned for site
US-China tensions
Florida ban on Chinese buying property goes to U.S. appeals court
Law has chilling effect for Asian Americans in general, say plaintiff's supporters
China debt crunch
Developer Times China faces winding-up case from HSBC unit
Shares plunge 37% after Hang Seng Bank files petition in Hong Kong
Property
Chinese exodus leaves Cambodia boomtown with 500 'ghost buildings'
Sihanoukville saddled with unfinished projects due to casino clampdown and COVID
China debt crunch
China developer Wanda loses crown jewel mall unit in survival fight
Wang Jianlin's influence diminishes with $8bn-plus deal involving outside investors
China debt crunch
China Construction Bank seeks wind-up of property developer Shimao
Hong Kong petition raises questions over company's 'white list' projects
Market Spotlight
Singapore REITs snap up Japan data centers amid AI boom
Acquisitions show investors' hunger in Asia for tech-related property assets
Construction
Sumitomo Forestry to add 10,000 U.S. home rentals a year through 2027
Japanese builder has $350m war chest for additional American acquisitions
China debt crunch
Country Garden's monthly sales tumble over 80% again in March
Chinese developer's woes deepen as stock trading suspended
China debt crunch
China developer Wanda sells 60% of mall unit in $8.3bn deal
Private equity firm PAG likes Newland's 'competitive edge, first mover advantage'
Caixin
Chinese cities revise housing policy as families turn to larger homes
Easing of one-child policy led to greater demand for more spacious living areas
China debt crunch
China's Country Garden misses results deadline, expects trade suspension
'State advances, private retreats' phenomenon further deepens in the country
Property
Japan land prices rise most in 33 years, but foreign investors shy away
Tourism rebound, chip investment and returns to office buoy prices around country
China debt crunch
China's distressed property developer losses start to pile up
Evergrande withdraws New York bankruptcy application
Property
In Australia, 'granny flats' gain traction as rents skyrocket
Housing shortage gives homeowners a way to monetize extra space
Companies
Hong Kong's CK Hutchison takes 36% hit to profit amid inflation
Victor Li, son of founder Li Ka-shing, wary of continued economic uncertainty
China debt crunch
Chinese developer Aoyuan completes offshore debt restructuring
Courts approve plan replacing dollar bonds with ones maturing in 2031
China debt crunch
China Evergrande fine suggests no more Mr. Nice Guy from Beijing
Watchdog slaps $580m penalty on core unit for inflating revenue
Economy
China home prices sink further despite mortgage rate cut
February data shows another 0.3% monthly drop in top-tier cities
China debt crunch
China commercial property woes trigger surge in distressed sales
More than a fifth of commercial deals involve real estate put into receivership
Property
China tries to steer 'urban village' residents to areas with housing glut
Guangzhou district becomes test case for redevelopment-linked vouchers