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Michael Cole

wilson leung Angelo Gordon

Angelo Gordon Buys SG Office Tower From Keppel REIT for S$548M

2019/10/01 by Michael Cole Leave a Comment

Less than one month after closing on $1.3 billion in fresh cash for its latest Asia real estate fund, US private equity firm has agreed to purchase an office complex in Singapore.

The New York based fund manager has signed… Read More>>

sebastian gunningham

WeWork Formally Cancels IPO as Layoffs, Cost Cuts Loom

2019/10/01 by Michael Cole Leave a Comment

WeWork’s planned IPO won’t work, appears to be the decision of the shared office giant’s new leadership, which announced late Monday that the We Company was withdrawing its application for an initial public offering.

“We have decided to postpone our… Read More>>

hong kong housing

Hong Kong Home Prices Fall 1.4% in August and More Asia Real Estate Headlines

2019/10/01 by Michael Cole Leave a Comment

The struggles of Asia’s wealthiest city continue to dominate real estate news from around the region today as home prices in Hong Kong fell by 1.4 percent in August – their fastest decline of 2019. The performance by the Greater… Read More>>

Tokyo Skyline

Straits Trading Agrees to Acquire Trio of Tokyo Buildings and More Asia Real Estate Headlines

2019/09/28 by Michael Cole Leave a Comment

Singapore’s hunger for overseas property leads Mingtiandi’s roundup of real estate headlines today as one of the city state’s most active private investment firms has agreed to buy a set of three buildings in Tokyo.

Hong Kong’s ongoing struggles also… Read More>>

adam neumann tb

WeWork’s Neumann Out as CEO After IPO Disaster

2019/09/25 by Michael Cole Leave a Comment

“Never settle,” is reportedly the first inspiring slogan to adorn the walls at WeWork, a company which CEO Adam Neumann, built into an empire spanning 111 cities.

Now the entrepreneur hailed as a visionary as the We Company prepared for… Read More>>

adam neumann-tb

Softbank Said Joining Board Mutiny Against WeWork CEO

2019/09/23 by Michael Cole 1 Comment

After the parent company of WeWork failed in its attempt to launch an IPO this month and the startup’s valuation was reported to slide by as much as 75 percent, Japan’s Softbank is now reported to have joined a shareholder… Read More>>

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>>

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