While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which … Read More>>
Featured Stories
WeWork Said Leasing Four Floors of HK’s Hopewell Centre for HK$2.7M Per Month
Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has … Read More>>
Sponsored Features
China Jumps to Second Most Liquid Real Estate Market Globally in 2019 1H
China’s commercial real estate market has been the second-most liquid in the world this year, driven by an increase in … Read More>>
Stable Floors Make Profitable Facilities for Shanghai Manufacturer
When a manufacturing facility involves tens of millions of dollars in equipment, keeping production running 24 hours a … Read More>>
Breaking News
Luckin Coffee Q2 Losses Hit $92M and More Asia Real Estate Headlines
Caffeine wars lead the way in Mingtiandi’s roundup of real estate headlines today as China’s pretender to the Starbucks throne roasted $92 million this past quarter in a bid to catch up with the US coffee titan.
In other news… Read More>>
IWG Brings Regus Franchise Sale Plan to Singapore, Greater China
While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which operates five times more flexible office globally than the co-working pioneer, is expanding a franchising program in a bid to offer… Read More>>
WeWork Said Leasing Four Floors of HK’s Hopewell Centre for HK$2.7M Per Month
Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has continued to take up more space in the world’s most expensive office market.
The New York-based shared space specialist is said… Read More>>
Blackstone May Buy Back $2.4B Anbang Japan Portfolio and More Asia Real Estate Headlines
Alternative asset giant Blackstone leads today’s headline roundup with news of potential acquisitions in both Japan and India, as Mingtiandi helps you through the headlines.
In mainland China, the government’s ongoing clampdown on the housing industry continues to discourage developers,… Read More>>
HK’s WorkTech Launches First Co-Working Space in Taipei
WorkTech is set to launch its first co-working location in Taipei, a 2,000 square metre (21,528 square feet) space in the city’s hipster-favoured Zhongshan district that will open next month.
The eight-year-old Hong Kong-based company is the latest shared office… Read More>>
WeWork Files IPO Prospectus, Revealing Finances of Co-Working Giant
The shared office giant once known as WeWork has filed the prospectus for its initial public offering, taking the latest step towards what is expected to be the second largest stock debut of this year.
The S-1 filing with the… Read More>>
GIC Aims for the Cloud in China Data Centre Tie-Up with GDS
GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s first tier cities, according to a statement by the Shanghai-headquartered company.
Initially, the Singaporean sovereign wealth… Read More>>
Owners of HK’s New World Scale Back £8.4B London Scheme
The £1 billion ($1.2 billion) centrepiece of a scheme to regenerate London’s Greenwich Peninsula has been quietly dropped by the Hong Kong-based company set up seven years ago by billionaire property tycoon Henry Cheng to develop the £8.4 billion scheme.
Real Estate Finance
Allianz, APG Invest $150M Each in Godrej India Office Development Platform
The property investment arm of Allianz Insurance has committed $150 million to an office development platform in India set up by conglomerate Godrej … Read More>>
Evergrande Profit Falls 49% in 2019 1H as Car Unit Loses RMB 2B
China’s third-largest developer by sales, China Evergrande Group, has warned shareholders of falling profits for the first half of the year, according … Read More>>
Mainland Rental Housing Operator Lejia Defaults on Debts, Shuts Down
Mainland rental housing operator Lejia ended weeks of speculation by announcing through the company’s official WeChat account this past week that it … Read More>>
Shanghai
China Jumps to Second Most Liquid Real Estate Market Globally in 2019 1H
China’s commercial real estate market has been the second-most liquid in the world this year, driven by an increase in … Read More>>
Chelsfield, Pamfleet Team Up to Buy SH Offices From Sino-Ocean for RMB 1.5B
UK developer Chelsfield has teamed up with a group of Hong Kong and Malaysian investors to purchase a set of four office … Read More>>
Blackstone Said Mulling $436M India Tech Park Deal and More Asia Real Estate Headlines
Stephen Schwarzman’s team has had some luck with India’s tech parks lately and Mingtiandi’s headline roundup kicks off … Read More>>
Singapore
JLL Names Ting Lim as Head of Capital Markets for Singapore
JLL has promoted Ting Lim to head of capital markets for Singapore, the property services firm revealed to Mingtiandi … Read More>>
Arch Capital Buying Singapore’s Anson House for S$210M
Arch Capital Management is buying Anson House in Singapore for S$210 million ($152 million), according to market … Read More>>
Hongkong Land Posts Half-Year Underlying Profit of $466M
Hongkong Land, known as the biggest landlord in Hong Kong’s Central district, has posted half-year underlying profits of … Read More>>
Projects
GIC Aims for the Cloud in China Data Centre Tie-Up with GDS
GDS Holdings has entered into an agreement with GIC to build and operate hyperscale data centres in China, including in markets beyond the country’s … Read More>>
Far East Consortium Pays HK$2.45B to Win Kai Tak Site at 9% Discount
Hong Kong’s Lands Department announced on August 12 that Far East Consortium International won a tender for the smallest plot of commercial land at … Read More>>
Sun Hung Kai Teams Up with Ping An to Win Hangzhou Site for RMB 13.26B
A joint venture between Sun Hung Kai Properties and Ping An Insurance has won a land parcel in Hangzhou for RMB 13.26 billion ($1.88 billion), earning … Read More>>
Retail
Suning Buys 61 Guangzhou Circle K Stores From Hong Kong’s Fung Group
One more global retail giant has retreated from the mainland China market in the face of growing local competition as a unit of Nanjing-based Suning … Read More>>
Tencent-Backed Vipshop Buys Five China Outlet Malls for RMB 2.9B
China's online retail giants continued their invasion of the physical shopping world this past week as a fashion ecommerce player backed by Tencent … Read More>>
Suning Buys Carrefour’s China Operation Off the Discount Shelf at RMB 4.8B
Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion ($699 million) in cash, … Read More>>
Asia Outbound
Owners of HK’s New World Scale Back £8.4B London Scheme
The £1 billion ($1.2 billion) centrepiece of a scheme to regenerate London’s Greenwich Peninsula has been quietly dropped by the Hong Kong-based … Read More>>
Hana Financial Teams Up to Buy Vienna Hilton for €370M
Munich-based Wealthcore Investment Management has joined forces with a consortium of Korean investors including Hana Financial Investment to acquire … Read More>>
Guangzhou R&F US Affiliate Booted From Troubled Silicon Valley Projects
Z&L Properties, a US affiliate of mainland China property giant Guangzhou R&F Properties, has been kicked off two of its four development … Read More>>
Hong Kong
WeWork Said Leasing Four Floors of HK’s Hopewell Centre for HK$2.7M Per Month
Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has … Read More>>
Li Ka-Shing’s CK Asset Delays $1.5B HK Sales Launch and More Asia Real Estate Headlines
A luxury development leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a developer … Read More>>
Far East Consortium Pays HK$2.45B to Win Kai Tak Site at 9% Discount
Hong Kong’s Lands Department announced on August 12 that Far East Consortium International won a tender for the smallest … Read More>>
Co-Working & Flexible Office
IWG Brings Regus Franchise Sale Plan to Singapore, Greater China
While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which … Read More>>
WeWork Said Leasing Four Floors of HK’s Hopewell Centre for HK$2.7M Per Month
Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has … Read More>>
HK’s WorkTech Launches First Co-Working Space in Taipei
WorkTech is set to launch its first co-working location in Taipei, a 2,000 square metre (21,528 square feet) space in … Read More>>
Research & Policy
China Banking Regulator Launches Crackdown on Property Lending in 32 Cities
Sales for China’s top 100 developers fell 29 percent for the first seven months of 2019, as the government has continued a year-long clampdown on the … Read More>>
APAC Real Estate Investment Reaches Record $86B in First Half of 2019
Real estate transaction volumes in Asia Pacific hit a historic high of $86 billion in the first half of 2019, an increase of six percent year on year, … Read More>>
Over 70% of Hong Kongers Say Now is a Bad Time to Buy a Home: Citi Survey
Citi Group's latest survey on home ownership in Hong Kong shows that over 70 percent of residents feel that it is a bad or terrible time to purchase a … Read More>>
Design & Construction
Shimao Picks AS+GG as Architects for China’s Tallest Building
Developer Shimao Property Holdings has chosen a designer for its planned 700 metre (2,296 foot) tall tower in Shenzhen’s Longgang district, with … Read More>>
KPF’s Lotte World Tower in Seoul Wins Super Skyscraper Title
The cloud-breaching Lotte World Tower in Seoul has been recognized as the best new skyscraper in the world, beating out Zaha Hadid Architects' … Read More>>
Guizhou Gets on China’s Design Map With World’s Tallest Waterfall Building
A Chinese developer has decided to fit a waterfall outside a new skyscraper in the country’s southwestern province of Guizhou to the amusement of … Read More>>
