Leading today’s roundup, China’s drive to promote rental housing comes with risks for the country’s big lenders, which are estimated to have extended nearly half a trillion dollars in financing to the sector. Also in the headlines, Indian developer ABIL… Read More>>
A consortium led by Chinese property giant Greenland Group has completed its exit from what was once touted as a $2 billion project on the West Coast of the US less than two years after buying the site.
Greenland USA… Read More>>
Leading today’s roundup, Dalian Wanda Group may have stepped back from its ambition to crush Disney in China’s theme park market, but that hasn’t stopped the developer from launching a 34,000 square metre indoor amusement park designed by KCC Entertainment… Read More>>
Indonesia’s largest co-working operator, EV Hive, has bagged $20 million in fresh funding from a roster of investors including an affiliate of Japan’s SoftBank Group, as Southeast Asia’s flexible space race continues to heat up.
The funds from the series… Read More>>
Leading today’s roundup, China’s top developer by sales, along with a mid-league peer, have hit a wall in their attempts to issue yuan-denominated corporate bonds, as mainland authorities continue to clamp down on leverage in the property sector. Meanwhile, a… Read More>>
CBRE has hired Cynthia Chu to lead its business in Taiwan as Regional Managing Director, effective August 1. Joining CBRE from rival brokerage Savills, where she headed the Taiwan office, Chu will be reporting to Ben Duncan, President of North… Read More>>
Credit Suisse AG is raising its profile in the Asia Pacific real estate scene, with its asset management arm picking up two office properties in New Zealand and Japan on the same day last week for a total of around… Read More>>
The CEO of Southeast Asia’s largest property developer leads this week’s roundup of people moves, with CapitaLand announcing that its top executive will be calling it quits at the end of the year. Also of note, a Paris-based resort operator… Read More>>
Colliers International has hired Hideki Ota from rival property brokerage JLL to lead its Capital Markets & Investment Services (CMIS) team in Japan, based in Tokyo.
The company announced that Ota will oversee the operations of the CMIS business as… Read More>>
The Indian arm of US co-working giant WeWork is reported to be in early stage talks with investors including Goldman Sachs and Warburg Pincus to raise up to $200 million, a move that could boost WeWork India’s valuation to as… Read More>>