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Michael Cole

Chart 1

92% Say WeWork Worth $15B or Less, No IPO Without Path to Profit Mingtiandi Survey Results

2019/09/23 by Michael Cole Leave a Comment

The aftermath of the decision one week ago by the We Company, the parent firm of WeWork, to postpone its initial public offering continues to be examined in the international press, in board rooms and coffee shops as markets sort… Read More>>

david faulkner

Colliers’ Asia Valuation and Advisory Chief David Faulkner Set to Retire

2019/09/22 by Michael Cole 1 Comment

Colliers International’s head of international valuations and advisory services, David Faulkner, will retire after 16 years with the property services provider, according to an internal email seen by Mingtiandi.

In a message sent to Colliers’ staff, the company’s CEO for… Read More>>

400 Capitol - Exterior

Singapore-Listed US REIT Adds $143M for Acquisitions and More Asia Real Estate Headlines

2019/09/20 by Michael Cole Leave a Comment

Singapore’s asset hungry investors lead today’s digest of real estate news from around the region, as a REIT set up to invest in US real estate assets completes $143 million in equity fund raising to fuel its acquisitions.

The collapse… Read More>>

Pacific Place Hong Kong

CLSA Renews Pacific Place Lease Despite Report of Conflict and More Asia Real Estate News

2019/09/19 by Michael Cole Leave a Comment

Tales of Hong Kong turmoil lead Mingtiandi’s collection of real estate news today as Hong Kong brokerage has renewed its lease at a Swire property in the city despite reports of pressure from its mainland parent to steer clear of… Read More>>

Russell Street Causeway Bay

10% of Shops in HK’s Causeway Bay Now Empty and More Asia Real Estate Headlines

2019/09/18 by Michael Cole Leave a Comment

News from the world’s priciest shopping district leads today’s collection of Asia real estate headlines, as a new agency report indicates that nearly one in every ten shops in Hong Kong’s Causeway Bay district are now empty.

While the retail… Read More>>

Hong Kong shopping centre

30% of Hong Kong Retailers Put Staff on Unpaid Leave and More Asia Real Estate Headlines

2019/09/17 by Michael Cole Leave a Comment

A retail slump in Hong Kong, recovering home sales in China and an ongoing hunger for data centres lead today’s collection of real estate news from around Asia.

Months of protests in Hong Kong are adding to misery initially driven… Read More>>

adam neumann Wework

WeWork IPO Said Shelved

2019/09/17 by Michael Cole 1 Comment

Earlier this year bankers from Goldman Sachs were said to speak of WeWork as a company worth as much as $65 billion after it quietly filed for an IPO in late 2018. That valuation could still happen someday, but not… Read More>>

Jang Seung-chul Hana

Blackstone Said to Choose Hana as Preferred Bidder for $1.1B German Complex

2019/09/16 by Michael Cole Leave a Comment

Blackstone is preparing to sell Germany’s largest office building to a Korean investor, with Hana Financial Investment said to have entered into exclusive negotiations to purchase a Frankfurt property from the US investment giant for KRW 1.3 trillion (1.1 billion).

… Read More>>

carrie liang k11

Asia Real Estate People in the News 2019-09-16

2019/09/16 by Michael Cole Leave a Comment

A change in financial management at Hong Kong-listed SRE Group kicks off this week’s collection of real estate professionals finding new jobs, as troubles at the company’s cash-strapped parent appear to ripple into the operations of the cross-border investment specialist…. Read More>>

ESR IPO

ESR Refiles for Hong Kong IPO as Market Recovers

2019/09/15 by Michael Cole Leave a Comment

Warburg Pincus-backed warehouse investment platform ESR plans to re-launch an initial public offering in Hong Kong, with the company having filed an updated prospectus with the city’s stock exchange late on Thursday.

ESR, which manages $20.2 billion in assets across… Read More>>

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