Property
Society
Tokyo's development boom is a 'failure,' Pritzker-winning architect says
Riken Yamamoto claims megaprojects erode community life and risk leaving the capital with obsolete buildings
Property
Japan's Mitsui Fudosan to invest $2.8bn in US Sun Belt rental housing
Developer aims to build 6,000 units by 2030 as domestic real estate market stagnates
China debt crunch
China Vanke proposes fresh 90-day extension on yuan bonds worth $817m
Embattled developer's shares, bonds rally; key meeting set for Jan. 21
Transportation
Vietnam's 1st metro line saves riders time, but issues remain a year later
Ho Chi Minh City riders seek more access to popular spots with expansion in works
ASEAN Money
Thailand's residential property market faces prolonged slump
Wary lenders, high personal debt and low economic growth stymie overstocked developers
Construction
Shibuya's redevelopment is 'not even halfway' complete, developer says
President of the Tokyu conglomerate compares the project to Barcelona's unfinished Sagrada Familia
Travel & Leisure
Greater Tokyo spruces up with new hotspots in 2026
Big fountain in Odaiba, new commercial towers await tourists
Property
Thailand sees rise in luxury living for older adults
Senior housing poised to become a bright spot in country's real estate market
Property
China expands housing voucher program amid rising inventories
Major cities roll out home-buying incentives as China Vanke faces default risks
Companies
Japanese railway company eyes India's housing market
Nishitetsu to expand overseas business following project in Vietnam
Property
Japan's biggest data center can be model for rapid buildout, says developer
GigaStream Toyama says US-style approach could help close 'tremendous' supply-demand gap
Property
Japanese brewer Sapporo to sell property business to group led by KKR
Deal worth at least $2.6bn meant to allow company to focus on alcohol
Finance
SMFG joins US firms to provide $3.5bn for European M&A
Bain Capital and Muzinich funds will help Japanese bank's clients do M&As
China debt crunch
China Vanke dodges default as bondholders extend grace period
Developer buys time but again fails to win yearlong repayment extension
China debt crunch
China Vanke exits venture with Singapore's GIC ahead of bondholder verdict
Developer's quest to avoid default hinges on voting results expected in hours
Construction
Japan's Sekisui House sticks with goal of building 20,000 US homes a year: CEO
Company works to establish its brand in vital market after big acquisition
China debt crunch
China investors brace for more property turbulence as Vanke scrambles
Developer holds last-ditch bond meeting as sales and sentiment sour across industry
Property
Indian demand for high-rises rubs up against outdated building codes
Wealthy people's desire for 'sky villas' stymied by standards lagging Asian peers
Politics
Japan to tighten rules for foreign corporations buying large plots
Tokyo looks to keep track of overseas entities controlling water, forests
Property
Japan frets over land purchases by foreigners near sensitive sites
Properties near military, government facilities draw interest from buyers abroad
China debt crunch
China Vanke shares fall after debt extension proposal rejected
Embattled property developer aims to negotiate deal during five-day grace period
China debt crunch
China Vanke bondholders reject payment extension, raising default risk
Property developer has five-day grace period to pay $280m as other debts loom
Business deals
Ho Chi Minh City gives green light to Vingroup's $4bn bullet train line
Project will connect heart of economic hub to massive real estate development in 20 minutes
Property
Thai luxury market revs up with $50m Porsche-design Bangkok apartment
Real estate developer Ananda looks to Tokyo for next high-end project
Supply Chain
Mitsubishi Corp. to build 2 logistics centers in Indonesia
Japanese trading house seeks to capture demand from e-commerce, EV sectors
Trading Asia
China's property crunch throws state-backed developer into turmoil
Vanke's bond extension request signals waning government support
Big in Asia
Middle-class Vietnamese left out as developers push luxury condos
Hanoi and HCMC now proportionately more expensive than Singapore and Tokyo
Property
'China plus one' and AI boom buoy Asia real estate: Knight Frank
Property consultancy says investors are most attracted to Japan and Sydney
China debt crunch
China's Country Garden wins shareholder approval for $13bn bond issue
Proceeds from convertible bond sales to go toward offshore debt restructuring
China debt crunch
China's local debt rises to $18.9tn as property slump lingers
Regional bond issuance hits record high amid worsening deflation