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wework

Fitch Downgrades WeWork, Warns of Default and More Asia Real Estate Headlines

wework

2020/10/24 by Michael Cole Leave a Comment

Over a year after its failed IPO, WeWork continues to make news with its financial struggles, as US credit rating giant Fitch warns that “default is a real possibility.”

Also in today’s real estate headlines, analysts have continued to point… Read More>>

Over a year after its failed IPO, WeWork continues to make news with its financial struggles, as US credit rating giant … Read more>>>

Hong Kong Site Sale Cancelled After Lowball Bids and More Asia Real Estate Headlines

2020/10/22 by Shiunne Bulsombut Leave a Comment

The continuing slide of Hong Kong’s commercial property market leads today’s news from around the region, as a government auction of a commercial site near the city’s airport was cancelled after attracting just three bids — all of which fell… Read More>>

The continuing slide of Hong Kong's commercial property market leads today's news from around the region, as a … Read more>>>

CDL Hospitality Trusts (CDLHT) is selling its 4.5-star hotel Novotel Brisbane in Australia for A$67.9 million (S$66.4 million) to an independent third-party buyer, ADFA Brisbane.

CDL Hotel Trust Sells Brisbane Hotel for A$63.5M and More Asia Real Estate Headlines

CDL Hospitality Trusts (CDLHT) is selling its 4.5-star hotel Novotel Brisbane in Australia for A$67.9 million (S$66.4 million) to an independent third-party buyer, ADFA Brisbane.

2020/10/21 by Pimfha Chandhapradit Leave a Comment

The coronavirus continued to show its ability to move markets this week as a Singaporean hotel trust sold off one of its Australian assets at a discount and China’s property investment continued to rise in September despite slowing growth in… Read More>>

The coronavirus continued to show its ability to move markets this week as a Singaporean hotel trust sold off one of its … Read more>>>

Brookfield Buying $2B in India Commercial Assets and More Asia Real Estate Headlines

2020/10/20 by Shiunne Bulsombut Leave a Comment

India continues to make headlines this week as Brookfield strikes a deal to buy $2 billion in commercial assets from a Bengaluru-based developer, just days after Blackstone inked its own $1.6 billion deal.

Singapore’s Mapletree also unveiled its own mega-deal,… Read More>>

India continues to make headlines this week as Brookfield strikes a deal to buy $2 billion in commercial assets from a … Read more>>>

Hongkong Land Breaks Ground on Shanghai Project and More Asia Real Estate Headlines

2020/10/19 by Shiunne Bulsombut Leave a Comment

One of Hong Kong’s best known developers leads our news roundup today as the division of Jardine Matheson moves forward with project to build a 1.8 million square metre commercial project in Shanghai.

Also in the news, Singapore’s ARA has… Read More>>

One of Hong Kong's best known developers leads our news roundup today as the division of Jardine Matheson moves forward … Read more>>>

Tencent is renting the co-working space at OCBC-Centre-East-63-Chulia-Street for its first SG office

Tencent to Open First SG Office in OCBC Centre East and More Asia Real Estate Headlines

Tencent is renting the co-working space at OCBC-Centre-East-63-Chulia-Street for its first SG office

2020/10/16 by Pimfha Chandhapradit Leave a Comment

Singapore continues to attract tech giants from both east and west, with China’s Tencent now reported to be opening its first office in the city-state, soon after Tiktok’s parent firm Bytedance chose to upsize its footprint in the city.

Also… Read More>>

Singapore continues to attract tech giants from both east and west, with China's Tencent now reported to be opening its … Read more>>>

TikTok Owner Bytedance Expands in Singapore and More Asia Real Estate Headlines

2020/10/15 by Shiunne Bulsombut Leave a Comment

Singapore office landlords received some good news today as China’s Bytedance follows through on earlier talk of expanding its presence in the city-state with three-storey lease near Raffles Place.

While the maker of TikTok is enlarging its office footprint, Singapore’s… Read More>>

Singapore office landlords received some good news today as China's Bytedance follows through on earlier talk of … Read more>>>

xu jiayin run

Evergrande Says $1B Share Sale Falls $445M Short and More Asia Real Estate Headlines

xu jiayin run

2020/10/14 by Shiunne Bulsombut Leave a Comment

The ongoing financial adventures of China’s most indebted developer lead the news again today as China Evergrande’s plan to raise $1 billion through a share sale comes up about $445 million short.

India’s largest developer also gets some press today… Read More>>

The ongoing financial adventures of China's most indebted developer lead the news again today as China Evergrande's plan … Read more>>>

Xu Jiayin Evergrande

Evergrande Creditors Cut Exposure and More Asia Real Estate Headlines

Xu Jiayin Evergrande

2020/10/13 by Michael Cole Leave a Comment

China Evergrande’s recent episode involving a disputed plea for government assistance may have spooked the company’s creditors, as reports circulate this week that some of the developer’s biggest lenders are cutting back on loans and other credit to the chronically… Read More>>

China Evergrande’s recent episode involving a disputed plea for government assistance may have spooked the company’s … Read more>>>

Kintetsu, 7 Bulim Street

AA REIT Completes $94M Singapore Industrial Buy and More Asia Real Estate Headlines

Kintetsu, 7 Bulim Street

2020/10/12 by Shiunne Bulsombut Leave a Comment

Warehouses lead Mingtiandi’s first headline roundup of the week with a Singapore-listed REIT closing on its purchase an industrial asset in the city’s Jurong area after agreeing to buy the property during August.

Also, in the news is a… Read More>>

Warehouses lead Mingtiandi's first headline roundup of the week with a Singapore-listed REIT closing on its purchase an … Read more>>>

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