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Michael Cole

rich gomel ark

WeWork Announces $2.9B Investment Platform with Ivanhoe, Rhone Group

2019/05/16 by Michael Cole 1 Comment

WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the formation of a real estate investment and management platform backed by Canadian fund manager Ivanhoe Cambridge.

“Ark will focus on acquiring,… Read More>>

feng jinyi Sansheng

Asia Real Estate People in the News 2019-05-13

2019/05/13 by Michael Cole Leave a Comment

A top leadership change at a Hong Kong-listed developer leads Mingtiandi’s collection of personnel news from around the region this week, as the former President of Guangzhou’s Hopson Development finds a new corporate home in Fujian province. Also making a… Read More>>

Zhang Yuliang Greenland

Greenland Group Unveils Plan for RMB 100B Project on Shanghai’s South Bund

2019/05/13 by Michael Cole Leave a Comment

Just three months after buying a 50 percent stake in a site in Shanghai’s Huangpu district from financially troubled China Minsheng Investment Group, state-backed Greenland Group has unveiled plans for a relaunch of what it says is a RMB 100… Read More>>

Nan Fung Pays RMB 2.4B for Office Site in Shanghai’s Gubei

2019/05/11 by Michael Cole Leave a Comment

Hong Kong’s Nan Fung International Holdings has won the rights to a commercial plot in Shanghai’s Changning district after the developer agreed to pay RMB 2.4 billion ($352 million) to purchase the site at a government land auction this past… Read More>>

Wang Yonghong Zhonghong

Mainland Developer Surrenders Seaworld Shares After Default and More Asia Real Estate Headlines

2019/05/08 by Michael Cole Leave a Comment

The financial struggles of yet another mainland China investor who purchased asset from Blackstone lead today’s headlines from around the region, as Zhonghong Zhuoye learns the Seaworld isn’t all fun and games.

Also in the world of the big fish… Read More>>

Kelvin Wong Pamfleet

Pamfleet Reaches $100M Final Close on 2nd China Real Estate Fund – Exclusive

2019/05/05 by Michael Cole Leave a Comment

Hong Kong-based Pamfleet has raised $100 million for its second mainland China real estate investment fund, according to sources familiar with the company’s operations who spoke with Mingtiandi.

Pamfleet Shanghai Real Estate Fund II, which reached a final close at… Read More>>

John Lim ARA Asset Management

ARA Launches $451M Singapore IPO of US Hotel REIT

2019/05/02 by Michael Cole Leave a Comment

ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.

The public offer, which began on Thursday night… Read More>>

WONG Ho Ming, Augustine Henderson

Henderson Buys Out Kowloon Buildings at Auction, Aims for 1M Sq Ft Project

2019/05/01 by Michael Cole Leave a Comment

Henderson Land Development added to its pipeline of home town projects this week as it bought out the remaining space in a pair of aging buildings in Kowloon’s Hung Hom area.

The blue chip developer bought the properties, which constituted… Read More>>

jil smith manulife us reit

Manulife US REIT Buying DC Area Offices for $122M and More Asia Real Estate Headlines

2019/05/01 by Michael Cole Leave a Comment

Most of the region is on holiday today, but there’s still news to report leading with developers and investors from Asia making acquisitions in the US, Europe and Australia.

In addition to a Singapore-listed REIT buying a pair of office… Read More>>

Adam Neumann WeWork

WeWork Files for IPO – Valuation Remains a Mystery

2019/04/30 by Michael Cole 1 Comment

Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.

The shared office giant late on Monday revealed that… Read More>>

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