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Singapore’s Hmlet Launches Its Largest Co-living Space in Australia

2019/10/24 by James Hatton Leave a Comment

Co-living specialist Hmlet has launched its largest location in Sydney, as the Singapore-based company continues to widen its reach in the Australian capital.

The 82-rooms co-living space, which is set to open on 15 November, will boost the company’s portfolio… Read More>>

Co-living specialist Hmlet has launched its largest location in Sydney, as the Singapore-based company continues to … Read more>>>

Hong Kong’s LimeTree Capital Buys Soho China Parking Portfolio for RMB 761M

2019/10/23 by James Hatton Leave a Comment

LimeTree Capital has acquired a portfolio of nine underground car parks in Beijing for RMB 761 million ($107 million) from Soho China, as the private equity company increases its holdings of what it calls an “undervalued and under-researched” asset.

The… Read More>>

LimeTree Capital has acquired a portfolio of nine underground car parks in Beijing for RMB 761 million ($107 million) … Read more>>>

PropertyGuru Cancels A$1.2B IPO Amid “Market Uncertainty” 

2019/10/23 by James Hatton Leave a Comment

PropertyGuru has pulled its proposed initial public offering, just two weeks after filing its IPO prospectus with the Australian Securities and Investment Commission.

The Southeast Asia property listings platform, which was seeking to raise up to A$380 million ($260 million)… Read More>>

PropertyGuru has pulled its proposed initial public offering, just two weeks after filing its IPO prospectus with the … Read more>>>

Temasek Bids for Controlling Stake in Keppel Group in S$4.1B Deal

2019/10/22 by James Hatton Leave a Comment

Singapore’s Temasek Holdings has made a bid to take a controlling stake in Keppel Corp through an offer that values the engineering, infrastructure and real estate group at S$4.1 billion ($3 billion).

If successful, the offer will give the state… Read More>>

Singapore’s Temasek Holdings has made a bid to take a controlling stake in Keppel Corp through an offer that values the … Read more>>>

le eco Beijing

Le Eco Beijing Tower Up for Auction on JD.Com for RMB 678M

le eco Beijing

2019/10/22 by Jan Kot Leave a Comment

After its founder filed for personal bankruptcy in the US just last week, Chinese tech startup LeEco has seen its Beijing headquarters put up for sale by the capital’s courts after the electronics-to-video streaming group failed to make payment on… Read More>>

After its founder filed for personal bankruptcy in the US just last week, Chinese tech startup LeEco has seen its … Read more>>>

Bank of America tower

Office in Hong Kong’s Bank of America Tower Leased at 30% Discount as Rents Slide

Bank of America tower

2019/10/21 by James Hatton Leave a Comment

As the Hong Kong office market continues to struggle through street protests and disappearing mainland corporates, an office has been leased in one of Hong Kong’s prime commercial districts at a 30 percent discount from prevailing current market prices, according… Read More>>

As the Hong Kong office market continues to struggle through street protests and disappearing mainland corporates, an … Read more>>>

Hong Kong Residential Start-Up Dash Living Secures $10M in Mindworks-led Funding Round 

2019/10/20 by James Hatton Leave a Comment

Residential start-up Dash Living is launching its first co-living project in Hong Kong after receiving commitments of $10 million in a pre-series A funding round.

The 51-room property on Carnarvon Road in Tsim Sha Tsui brings the five-year-old company’s portfolio… Read More>>

Residential start-up Dash Living is launching its first co-living project in Hong Kong after receiving commitments of … Read more>>>

Stephen Lau

China Cinda Revealed as Buyer in HK$4.3B Deal for Kimberley Hotel in Hong Kong

Stephen Lau

2019/10/17 by James Hatton Leave a Comment

State-owned “bad bank” China Cinda Asset Management has been revealed as the buyer of a hotel in Hong Kong’s Tsim Sha Tsui area, spending HK$4.3 billion ($550 million) on the asset despite a 70 percent slump in hotel investment during… Read More>>

State-owned “bad bank” China Cinda Asset Management has been revealed as the buyer of a hotel in Hong Kong's Tsim Sha … Read more>>>

Rush desai allianz

Allianz, Alpha JV Buys 85% Stake in Beijing Commercial Complex From D&J China for €1B

Rush desai allianz

2019/10/16 by James Hatton Leave a Comment

A joint venture between Allianz Real Estate and funds managed by Alpha Investment Partners has agreed to invest €1 billion ($1.1 billion) to acquire a Beijing commercial complex from Warburg Pincus-backed developer D&J China, according to announcements by the companies.

… Read More>>

A joint venture between Allianz Real Estate and funds managed by Alpha Investment Partners has agreed to invest €1 … Read more>>>

payson cha

Hanison Seals HK$741M Deal to Buy Hong Kong Tower From CapitaLand

payson cha

2019/10/14 by Jan Kot Leave a Comment

Despite the impact on Hong Kong’s hotel industry after months of escalating social unrest, a select number of players are doing some bargain hunting in the Asian financial hub.

Among the most active purchasers this year has been Payson Cha’s… Read More>>

Despite the impact on Hong Kong's hotel industry after months of escalating social unrest, a select number of players … Read more>>>

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