Property

Singapore sovereign wealth fund GIC seeks to sell its majority stake in the Shiodome City Center skyscraper in Tokyo. (Photo by Katsuji Kamei)
Property

Japan office market faces foreign sell-off amid rising rates

Funds like GIC shed properties as demand falters and borrowing costs increase

30 November 2023
Evergrande Property Services is requesting an initial 2 billion yuan from parent China Evergrande.
Property

China Evergrande subsidiary sues parent to recover seized assets

Lawsuit against debt-ridden developer could affect liquidation hearing

30 November 2023
Keppel seeks to expand its asset portfolio beyond Asia through the acquisition of Aermont Capital. (Photo courtesy of Keppel)
Property

Singapore's Keppel to buy European real estate firm for up to $1bn

Asset manager eyes expansion beyond Asia with Aermont Capital purchase

30 November 2023
People's Bank of China Gov. Pan Gongsheng speaks during a Hong Kong Monetary Authority and Bank for International Settlements conference in Hong Kong on Nov. 28.
China debt crunch

China central bank chief flags regional debt servicing 'difficulties'

Pan tells Hong Kong event he is focused on mitigating short-term property risks

28 November 2023
Sentosa Cove is the only place in Singapore where foreigners can buy mansions without needing to get the extra layers of approval that similar properties elsewhere require. (Photo by Dylan Loh)
Property

Singapore property playground for rich foreigners hits rough patch

Money laundering arrests plus sales dip test 'little Monaco' on Sentosa Island

28 November 2023
Sumitomo Forestry will include solar panels on the homes it builds to attract environmentally conscious buyers. (Image courtesy of Sumitomo Forestry)
Companies

Sumitomo Forestry to build 7,000 homes in Southeast Asia over 5 years

Housing developer shifts away from U.S. following interest rate hikes

25 November 2023
Moody's Investors Service expects China's slow economic recovery and weak consumer confidence to continue hampering Vanke's sales.
China debt crunch

China developer Vanke near 'junk' status after Moody's downgrade

Ratings agency questions long-term funding access amid weak sales, cautious investors

25 November 2023
Film production companies are showing interest in the Forest City development's various attractions as a shooting location. (Photo courtesy of Forest City)
Property

Country Garden's Forest City project in Malaysia gets boost from films

International TV, including Netflix reality series 'The Mole,' drawn by scenery

22 November 2023
Indian Prime Minister Narendra Modi's infrastructure development push is lifting the country's real estate prices.
Finance

India's red-hot real estate market attracts global private credit investors

With China's property market in trouble, Modi's urbanization push create opportunities

22 November 2023
Dalian Wanda Group's earnings had sunk amid the pandemic, sending the developer into a cash crunch.
China debt crunch

China's Wanda seeks to extend repayment on $600m in dollar debt

Developer Sunac's restructuring plan takes effect in possible model for industry

22 November 2023
China's central bank and other top financial regulators summoned financial institutions to discuss credit issues on Nov. 17.
Caixin

China tells top financial institutions to bolster property market

Banks should not demand early payment of loans by developers, regulators say

20 November 2023
Vietnamese police have recommended prosecuting 86 people involved in alleged bribery and embezzlement at developer Van Thinh Phat and SCB bank.
Crime

Vietnam alleges $12bn embezzlement by property firm and bank

Van Thinh Phat and SCB are among biggest targets in corruption clampdown

20 November 2023
Laborers work at a brick factory on the outskirts of Phnom Penh in 2018. Rights groups say debt bondage remains pervasive in the industry. 
Property

Spotlight on debt bondage as Cambodia's property sector slows

Human rights group says brick factories hold indebted families indefinitely

20 November 2023
Police block demonstrators from approaching China Evergrande Group's office in Guangzhou in 2022.
Opinion

China's property crisis is stirring protests across the country

Demonstrators range from unpaid construction workers to buyers of unfinished homes

20 November 2023
Arcadia Resort Miyakojima opened this summer on Irabu Island, part of the city of Miyakojima, Okinawa. The hotel consists of 14 luxury suites with ocean views. (Photo courtesy of Arcadia Vacations)
Property

Okinawa's 'Miyakojima bubble': tourism boom drives up land prices

Japan's southern islands face real estate squeeze as hotels spring up

19 November 2023
Apartment buildings under construction in Beijing in July 2022. Chinese authorities have been attempting to spur the property sector out of its slump.
Economy

China home prices fell in October, dimming hopes after stimulus

Major cities log 0.3% drop as Biden highlights Beijing's economic 'problems'

16 November 2023
When construction on Yoma Central began in 2017, completion was targeted for mid-2021. (Photo by Nikkei)
Companies

Myanmar's Yoma to restart Yangon project by year-end

High-rise apartments to be built first as group bets on housing market

16 November 2023
Retail investors' buying has particularly benefited Kosdaq stocks over the past year.
Opinion

South Korea's retail stock trading boom is outlasting COVID

Demographic shifts are driving interest in investment alternatives to property

15 November 2023
A machine counts yuan banknotes at a commercial bank in Beijing.
China debt crunch

China bank stocks face crisis of confidence over bad debt risk

Investors see uncertainty over extent of lenders' nonperforming loans

14 November 2023
SC Capital Partners is expanding its data center business, as seen here in this artist's depiction. (Photo courtesy of the company)
Property

Singapore's SC Capital to build Osaka data centers for $660m

Real estate investor looks to capture Japanese demand for backup sites

14 November 2023
Residences in Mumbai. Bharat Housing Network is a technology platform for co-lending in affordable housing. (Photo by Ken Kobayashi)
DealStreetAsia

India's Bharat Housing Network raises $15m

Nabventures Fund leads infusion into startup tech platform for co-lending

13 November 2023
Mori Trust CEO Miwako Date is looking beyond Japan. (Nikkei montage/Source photos by Mayumi Tsumita and Kohnosuke Urata)
Property

Japan's Mori Trust plans $8bn diversification after Park Avenue buy

Property developer could branch into places such as Australia and Southeast Asia

11 November 2023
Keppel CEO Loh Chin Hua speaks to Nikkei Asia on Nov. 7 in Tokyo. (Photo by Jun Takai)
10 November 2023
A housing project under construction in China's Jiangsu province on Oct. 26.
Caixin

China's top regulators summon big developers for financial briefings

Nation's real estate sector has been roiled by liquidity crisis

10 November 2023
The Henderson, a roughly 190-meter tall tower in Hong Kong's Central business district, was designed by Zaha Hadid Architects. (Photo by Kensaku Ihara)
Property

Opening of new Hong Kong landmark marred by weak office demand

Half of The Henderson still empty as it nears completion, developer says

9 November 2023