China’s overseas projects are back in the roundup, as state-owned developer Greenland Group is halting work on its Spire London skyscraper while it reviews the design amid an outcry over safety standards. Also in the headlines, the mainland co-working brand… Read More>>
Blackstone Bets on Aussie Offices with $2.3B Bid for Investa Office Fund
US private equity giant Blackstone has placed a A$3.08 billion ($2.3 billion) cash bid to take over Investa Office Fund (IOF), an Australia-listed real estate investment trust with a portfolio of 20 downtown office assets in Sydney and other cities.
Asia Real Estate People in the News 2018-05-28
Leading today’s roundup of job changes, Radisson Hotel Group is bringing a hospitality veteran to Singapore to drive the hotelier’s growth in the Asia Pacific region, and the Asian asset management arm of Prudential is shaking up its leadership in… Read More>>
Gaw Joins Harbour Apartments in Raising $2.6B for China Rental Housing
Chinese co-living operator Harbour Apartments has teamed up with its backer Gaw Capital Partners and a mainland financial firm in a drive to raise $2.58 billion in new capital for developing rental flats and co-living spaces.
Shanghai-based Harbour is setting… Read More>>
Regus Rides Flexible Working Boom with Launch of 31st Singapore Centre
Regus has launched a new location in Singapore’s Jurong East business district, as the biggest flexible office provider in the city-state continues to build up its network.
Regus, a brand of London-based IWG, now has a total platform of 385,000… Read More>>
Dr M Takes Aim at Belt and Road Projects in Malaysia and More Asia Real Estate Headlines
Leading today’s roundup, after being elected on an anti-corruption mandate, Malaysian prime minister Mahathir Mohammed says his government will renegotiate billions of dollars of Chinese infrastructure projects in the Southeast Asia nation. Also in the news, Amazon’s cloud computing arm… Read More>>
Thailand’s Minor Buys $226M Stake in Spain’s NH Hotels and More Asia Real Estate Headlines
A cross-border hospitality deal leads today’s news roundup, with Minor International, operator of 22 hotels in Thailand, buying a major stake in a 382-property European hotel chain. Also in the headlines, a pair of Chinese construction firms once blacklisted by… Read More>>
FILA Relaunches Shanghai Flagship Store on East Nanjing Road
Global sportswear brand FILA has relaunched its flagship store in Shanghai, celebrating the opening of its largest retail space in Greater China. The expanded and upgraded venue in the Mosaic Shanghai mall on East Nanjing Road now covers 867 square metres… Read More>>
Carlyle Adds New Leaders for Vietnam, Indonesia to SE Asia Team
The Carlyle Group, the world’s top private equity firm in terms of fundraising, is boosting its Southeast Asia team with two senior hires in Jakarta and Singapore.
Carlyle has hired Robby Winarta as Managing Director and Long Hoang as Director… Read More>>
Flexible Office Space in Asia Surges 150% in 3 Years, Operators Double, JLL Finds
Asia Pacific is leading the global surge in flexible offices, with total co-working and serviced office space in the region soaring 150 percent from 2014 to 2017, according to a new report by property consultancy JLL.
During those three years,… Read More>>
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