China’s property developer giant has become its also its most indebted and defaulted on most of its liabilities and payments in 2021. Founder Hui Ka Yan “pleaded guilty and expressed remorse,” the …
Founder of China’s Evergrande pleads guilty to fraud
Hui Ka Yan, the founder of embattled Chinese property developer Evergrande, has pleaded guilty to a number of charges including embezzlement of corporate assets and corporate bribery, according to a …
China Evergrande founder Hui Ka Yan pleads guilty to fraud
China Evergrande founder Hui Ka Yan pleads guilty to fraud in a Shenzhen court, marking a key moment in the fallout from the developer’s $300 billion debt crisis that shook China’s property sector …
South Korea’s Extended Tax Relief: A Double-Edged Sword for Multi-Homeowners
Spread the loveIn a bid to invigorate the sluggish real estate market, the South Korean government has announced an extension of its tax relief window until May 9, 2026. This initiative is aimed at …
President Lee Jae Myung compares South Korea’s property taxes to global cities
President Lee Jae Myung shared an article comparing property taxes in South Korea and major global cities on social media on the 24th, writing, “I’m also curious,” drawing attention to how South Korea …
KKR to boost $2.8T Japan property market investments
KKR’s Bold Expansion into Japan’s Vast Real Estate Arena Global private equity giant KKR is setting its sights on one …
Indian real estate firm RMZ plans $35 billion investment, weighs IPO
April 13 (Reuters) – Indian real estate and infrastructure firm RMZ Group said on Monday it plans to invest more than $35 billion over the next five years and is considering an initial public offering …
Dubai property market surges as transactions hit AED252 bn in Q1
Dubai’s real estate sector reported AED252 bn in transactions in Q1 2026, a 31% year-on-year increase, driven by robust foreign investment and luxury demand …
KKR unit to boost buying in US$2.8 tril Japan property market
Japanese companies are facing pressure from policymakers and investors to divest non-core assets including real estate, and KJRM Holdings says it sees profit potential there. The KKR unit’s real …
KKR unit to boost buying in ¥450 trillion Japan property market
Japanese companies are facing pressure from policymakers and investors to divest non-core assets including real estate, and KJRM Holdings says it sees profit potential there.