China

Sino Ocean avoids liquidation with debt restructure

REAL estate developer Sino Ocean has staved off liquidators after making significant progress through discussions with its creditors to restructure the group’s offshore multi-billion-dollar debt facility. Sino Ocean said it…

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Lasted China

Luxury retail rents continue to recover

TSIM Sha Tsui in Hong Kong held on to the title as the world’s most expensive luxury retail destination, whilst…

Property downturn prompt Chinese tourists to stay home

CHINA used to be the global tourism powerhouse, spending 1.7 billion yuan overseas at its peak. But the property downturn…

Stable property values limit Asia Pacific investors debt liabilities

PROPERTY investors in Asia Pacific face a relatively small funding gap of US$8.4 billion on US$257 billion of outstanding senior…

Asia Pacific prime rents continue free fall

PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…

China’s property rescue plan to stabilise market

ALTHOUGH China’s new property rescue plan is expected to stabilise market the financial position of construction projects, uncertainty remains on…

Rockefeller sells in Shanghai

NEW York based Rockefeller Group has sold a pair of office buildings on Shanghai’s Bund waterfront to insurance group ZhongAn…

Asia Pacific investors take cautious approach

DELAYS to interest rate cuts and a limited risk appetite have put the recovery in investment activity across the Asia…

China relations help Singapore investment

CROSS-border investment in Singapore strengthened significantly in the first quarter of 2024, rising 22.8% above the 10-year average, according to…