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warburg Pincus

Warburg Pincus Reaches $4.25B Final Close on China-Southeast Asia Fund

warburg Pincus

2019/06/27 by James Hatton Leave a Comment

Warburg Pincus has reached a final close of $4.25 billion on its China and Southeast Asia private equity fund, the US alternative investment giant’s first pooled investment vehicle to include a dedicated focus on the ASEAN nations.

The fund raising… Read More>>

Warburg Pincus has reached a final close of $4.25 billion on its China and Southeast Asia private equity fund, the US … Read more>>>

bobby chin yoke choo jack lam

Google Leases 344,000 SqFt at Frasers’ Alexandra Technopark in Singapore

bobby chin yoke choo jack lam

2019/06/27 by James Hatton Leave a Comment

The manager of Frasers Commercial Trust has entered into an agreement with Google Asia Pacific that will see the California-based tech giant set up a new base in Singapore, according to an announcement to the stock exchange.

The maker of… Read More>>

The manager of Frasers Commercial Trust has entered into an agreement with Google Asia Pacific that will see the … Read more>>>

OYO CEO Ritesh Agarwal

India Hotel Giant OYO Denies China Layoff Reports

OYO CEO Ritesh Agarwal

2019/06/27 by Jan Kot Leave a Comment

Oyo Hotels & Homes is denying reports that it has conducted mass layoffs in China, after accounts in the local media indicated that the Indian lodging unicorn had cut up to 1,000 mainland staff.

An Oyo spokesperson refuted the claims… Read More>>

Oyo Hotels & Homes is denying reports that it has conducted mass layoffs in China, after accounts in the local media … Read more>>>

Wang JIanlin Dalian Wanda

Dalian Wanda Plans $1B Singapore REIT Listing

Wang JIanlin Dalian Wanda

2019/06/23 by Jan Kot Leave a Comment

China’s largest commercial developer, Dalian Wanda Group, is planning to list a real estate business in Singapore, in a deal that could value a portfolio of properties at over $1 billion,  according to a Wall Street Journal report.

The potential… Read More>>

China’s largest commercial developer, Dalian Wanda Group, is planning to list a real estate business in Singapore, in a … Read more>>>

Michael Chen JY Grandmark

Nephew of Agile Founder Files for HK$200M IPO of Guangzhou-Based JY Grandmark

Michael Chen JY Grandmark

2019/06/22 by Tianyuan Zhang Leave a Comment

A mainland property developer controlled by a nephew of the founder of Agile Property Holdings has filed for an IPO on the Hong Kong exchange, as the family behind the top 30 mainland developer expands its Guangdong-based real estate empire.

… Read More>>

A mainland property developer controlled by a nephew of the founder of Agile Property Holdings has filed for an IPO on … Read more>>>

8 Deep Water Bay Drive

Buyer Walks Away From HK$251M Luxury Home as Hong Kong Uncertainty Grows

8 Deep Water Bay Drive

2019/06/20 by Jan Kot Leave a Comment

Less than 10 days after agreeing to purchase a luxury home in southern Hong Kong island for HK$251 million ($32 million), an unnamed buyer has walked away from the deal, forfeiting a HK$12.56 million deposit, according to Hong Kong public… Read More>>

Less than 10 days after agreeing to purchase a luxury home in southern Hong Kong island for HK$251 million ($32 … Read more>>>

albert yeung Emperor International

Blackstone Unit Sells HK Commercial Building to Emperor Intl for HK$595M

albert yeung Emperor International

2019/06/19 by Michael Cole Leave a Comment

Just three months after purchasing HNA Group’s principal Hong Kong real estate subsidiary for HK$7 billion (then $894.8 million), Blackstone has sold one of the company’s highest profile assets for HK$595 million, according to a pair of announcements to the… Read More>>

Just three months after purchasing HNA Group’s principal Hong Kong real estate subsidiary for HK$7 billion (then $894.8 … Read more>>>

Stephen Schwarzman

Blackstone Said to Buy Prime Mumbai Office Asset for $358M

Stephen Schwarzman

2019/06/19 by Jan Kot Leave a Comment

US private equity firm Blackstone has acquired a grade A office building in Mumbai for Rs 2,500 crore ($358 million), in one of India’s biggest office property deals this year, according to local media reports.

Owned and developed by Mumbai-based… Read More>>

US private equity firm Blackstone has acquired a grade A office building in Mumbai for Rs 2,500 crore ($358 million), in … Read more>>>

Xiong Lin Ziroom

Mainland Home Rental Platform Ziroom Raises $500M From General Atlantic, Tencent, Sequoia

Xiong Lin Ziroom

2019/06/16 by Jan Kot Leave a Comment

China’s rental housing market continues to attract venture capital investment with one of the industry’s largest players said to have raised $500 million in new financing.

Ziroom, the country’s first rental housing unicorn, is reported to be completing a $500… Read More>>

China’s rental housing market continues to attract venture capital investment with one of the industry's largest players … Read more>>>

CITIC Guoan chairman Li Shilin

Landlords Accuse CITIC-Backed Proptech Platform of Not Paying Rent

CITIC Guoan chairman Li Shilin

2019/06/16 by Jan Kot Leave a Comment

China’s property innovators are hitting the headlines again this month as a property marketing and management platform tied to one of the country’s biggest investment conglomerates is reported to have defaulted on its financial commitments.

A long-term rental housing business operated… Read More>>

China's property innovators are hitting the headlines again this month as a property marketing and management platform … Read more>>>

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