It’s a holiday today in Hong Kong and in mainland China, but that doesn’t mean that people have stopped finding new roles as they pause to honor the big red country’s national day. Leading off this week’s people moves is… Read More>>
Cindat Teams with London Investor for $703M UK Hotel Deal – Sets New 2017 High
Beijing-based private equity real estate firm Cindat Capital Management has reportedly teamed with London’s Aprirose in the property investment firm’s £525 million ($703 million) acquisition of UK hospitality chain Qhotels.
Aprirose announced the purchase of the chain of 26 five… Read More>>
UrWork Vows to Fight WeWork for New York Co-Working Market
The battle for dominance in the global co-working market is heating up and for Beijing-based provider UrWork the contest with its US rival WeWork could be turning into a grudge match.
WeWork issued a statement on Friday seeming to claim… Read More>>
S&P Cuts Wanda Credit Rating to Junk and More Asia Real Estate Headlines
Credit is at the top of the news today as China’s top commercial developer has its paper downgraded to junk status, while Moody’s makes reassuring noises about some of the mainland’s other leading developers, despite a housing slowdown. Further south,… Read More>>
Investors Bail on Wanda’s Hollywood Studio Venture and More Asia Real Estate Headlines
Yet another starry-eyed hopeful may be having his dreams dashed by the cruel realities of Hollywood, but this time instead of a bumpkin off the bus from Boise, it’s China’s richest man. Or former richest man, as Wang Jianlin’s purchase… Read More>>
Mandarin Oriental Scraps Excelsior Sale as Offers Disappoint and More Asia Real Estate Headlines
China’s clampdown on outbound capital might have cost the Mandarin Oriental Hotels group its chance at a record sale as the hospitality group announced this week that it is pulling its Causeway Bay property off the market after bids failed… Read More>>
Ding Xiaojie Appointed Chairman of Cinda Real Estate
Beijing-based property developer Cinda Real Estate has announced that Ding Xiaojie has been unanimously appointed as the new chairman of its board of directors, replacing Jia Honghao. The transition to the new leadership for the Shanghai-listed builder took place on… Read More>>
WeWork Rolls into Japan With 3 Tokyo Centres and More Asia Real Estate Headlines
At the top of the news today, Asia’s co-working competition continues to heat up with New York’s WeWork hoping to make it big in Japan. Expansion is proving a bit tougher for Guangzhou-based Country Garden, which has become the latest… Read More>>
Last Chance to Enter Mingtiandi’s Tech Survey
Mingtiandi’s tech survey, the first ever online poll of technology adoption by Asia’s real estate developers, investors and other industry professionals closes at 12:00 noon on Tuesday, September 26th.
Hundreds of Mingtiandi’s high level readers from the region’s biggest companies… Read More>>
Asia Real Estate People in the News 2017-09-25
This week’s list of familiar faces in new places starts with a former Shanghai-hand making a brand new start of it in New York, and also finds a pair of LSE graduates landing new real estate finance roles in the… Read More>>
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