Savills says it is on its way to becoming the top team in Singapore’s investment market as the company brings on board a group of former CBRE brokers to staff up its capital markets team in the city.
Jeremy Lake,… Read More>>
WeWork Losses More Than Doubled to Reach $1.25B in Third Quarter
Adding to the pain of the We Company’s IPO fail in September, the parent firm of shared workspace provider WeWork revealed in an investor presentation this week that its losses reached $1.25 billion in the third quarter of this year.
Gaw Capital Sets Up Mainland Data Centre JV to Launch New Fund
Gaw Capital Partners has established a new joint venture with mainland data centre developer and operator Centrin Data to acquire, develop and operate hyperscale facilities in China, according to an announcement by the Hong Kong-based investment management firm on Friday.
Macron Cancels $3.3B Wanda Project in France and More Asia Real Estate Headlines
The travails of a developer who was once Asia’s richest man lead the way in today’s list of real estate news from around the region, as the president of France announces the end of a Paris project backed by Wang… Read More>>
Get the Event You Want in 2020: Take Mingtiandi’s 2 Minute Event Survey
Mingtiandi’s first event of 2019 is on its way in Hong Kong later this month, and we have already received strong response with more than 60 percent of tickets sold with three weeks yet to go before the event… Read More>>
Allianz Introduces Former JLL Exec Megan Walters as Global Head of Research
After distinguishing itself as one of the most aggressive buyers of property assets in the Asia Pacific region, Allianz Real Estate is also busy building up its human resources as the property investment division of the European insurer brings on… Read More>>
JLL Names Theo Novak Head of International Investments for Greater China
Property consulting firm JLL has stepped up its efforts to serve cross-border real estate investors in the region with the company indicating to Mingtiandi today that it has appointed veteran capital markets broker Theo Novak as Head of International Investments… Read More>>
ESR Upsizes IPO to HK$12.6B as Investors Warm to Warehouses
ESR Cayman has opted to upsize its IPO by 15 percent, according to news reports over the weekend, as investor demand for shares in the warehouse developer and fund manager exceeds the company’s original targets.
With the Warburg Pincus-backed company… Read More>>
Softbank Bails Out WeWork, Neumann at $7B Valuation
WeWork has proven to be a game-changing business – at least for deposed CEO Adam Neumann.
Under the terms of a bailout package put together by Softbank, the WeWork founder will be receiving around $1.7 billion in compensation in return… Read More>>
Logistics Developer ESR Relaunches Hong Kong IPO as HK$11B Super-Sale
Warburg Pincus-backed logistics real estate platform ESR has relaunched its IPO in Hong Kong, aiming to bring in a larger haul of cash after an earlier attempt stumbled in the face of street protests and tepid investor demand.
The developer… Read More>>
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