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Michael Cole

wework Adam Neumann

WeWork Said Targeting $3.5B September IPO

2019/07/24 by Michael Cole Leave a Comment

Shared offices with attitude and free-flow beer could convert into a $3.5 billion IPO for WeWork within the next two months, according to media reports today, citing sources familiar with the company’s plans.

While WeWork has yet to comment publicly… Read More>>

Georg-Chmiel Juwai

Chinese Property Portal Juwai.Com to Merge With Malaysian Agency

2019/07/24 by Michael Cole Leave a Comment

Juwai.com, an online platform for marketing global properties to Chinese buyers, is merging with Kuala Lumpur-based real estate marketing firm IQI Global, according to a joint announcement by the two privately held firms.

The merger, which comes at the same… Read More>>

Andrew Moore Pamfleet

Pamfleet Reaches $450M Final Close on Third HK-SG Value-Add Fund

2019/07/22 by Michael Cole Leave a Comment

Hong Kong-based real estate private equity firm Pamfleet has reached a $450 million final close on Pamfleet Real Estate Fund III, Mingtiandi has come to understand.

The investment vehicle is the company’s third pooled investment vehicle targeting value-add projects in… Read More>>

Kevin Chee Tien Jin

WeWork Leases HSBC Building in Singapore From CapitaLand Commercial Trust

2019/07/17 by Michael Cole Leave a Comment

Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according to an announcement by the office tower’s landlord today.

WeWork is set to gain occupancy of the 200,470 square foot (18,624… Read More>>

payson cha

Blackstone Sells HK Self-Storage Business to Hanison for HK$735M

2019/07/17 by Michael Cole Leave a Comment

A pair of funds managed by Blackstone are selling a Hong Kong-based self-storage company to a developer controlled by one of the city’s wealthiest families, according to a stock exchange announcement today.

Hanison Construction, which is majority owned by the… Read More>>

adrian cheng

New World’s K11 Atelier King’s Road Project Now Half-Leased in Eastern Hong Kong

2019/07/15 by Michael Cole Leave a Comment

New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.

The 22-storey office… Read More>>

Stephen Schwarzman

Blackstone Fund Wins $100M Check From Korea Post and More Asia Real Estate Headlines 

2019/07/09 by Michael Cole Leave a Comment

Blackstone has some fans in Korea, as one of the North Asian nation’s largest public pension funds has decided to invest $100 million with the US private equity giant’s real estate debt fund, according to Korean media reports. That story… Read More>>

Andy Yung

CITIC Founder’s Heir Buys Repulse Bay Apartment From Kerry Trading for HK$113M

2019/07/09 by Michael Cole Leave a Comment

A grandson of CITIC founder and former vice president of China Rong Yiren has purchased a home in Repulse Bay from a member of Malaysia’s Kuok family for HK$113 million, according to an account in the Hong Kong Economic Times.

… Read More>>

adam neumann wework

WeWork Said Co-Working with Goldman, JP Morgan to Raise Up to $4B in Debt Pre-IPO

2019/07/08 by Michael Cole Leave a Comment

Seven months after filing for an initial public offering, WeWork is planning to raise as much as $4 billion in debt to refill its corporate coffers, according to news accounts citing sources familiar with the shared office provider’s discussions.

The… Read More>>

wang zhenhua future holdings

Future Land Chairman Held by Police After Charges of Molesting 9-Year-Old Girl

2019/07/04 by Michael Cole Leave a Comment

The chairman of Hong Kong-listed Future Land and mainland developer Seazen Holdings has been detained by police in Shanghai for investigation of crimes related to charges of sexually abusing a nine-year-old girl, according to a statement late yesterday by the… Read More>>

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