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Adam Neumann WeWork

Softbank, Hony, Trustbridge Lead $500M in New Funding for WeWork China

Adam Neumann WeWork

2018/07/29 by Rafiaa Rumjahn Leave a Comment

WeWork has secured another $500 million in funding for its China expansion as the global co-working giant and its partners Hony Capital and Softbank prepare to battle for domination of the mainland shared office market.

“This investment will help WeWork… Read More>>

WeWork has secured another $500 million in funding for its China expansion as the global co-working giant and its … Read more>>>

raymond tsoi

Investor in Hong Kong’s The Center Announces Plan to Sell Single Floor in 12 Pieces

raymond tsoi

2018/07/28 by Rafiaa Rumjahn Leave a Comment

Another member of the consortium behind last year’s landmark HK$40.2 billion ($5.15 billion) acquisition of the Center on Hong Kong’s Queen’s Road is getting ready to flip his floor of the iconic office tower — but not before slicing it… Read More>>

Another member of the consortium behind last year's landmark HK$40.2 billion ($5.15 billion) acquisition of the Center … Read more>>>

M&G Centropolis

M&G Confirms $1B Buy of Seoul’s Centropolis — Largest Korean Property Deal Ever

M&G Centropolis

2018/07/26 by Richard Meyer Leave a Comment

M&G Real Estate, together with a pair of Korean pension funds, has purchased Centropolis Towers in Seoul for 1.18 trillion won ($1 billion). The transaction, the largest single real estate deal in the country’s history, was completed as the office… Read More>>

M&G Real Estate, together with a pair of Korean pension funds, has purchased Centropolis Towers in Seoul for 1.18 … Read more>>>

Pansy Ho Shun Tak

Pansy Ho Makes Record-Setting HK$900M Purchase of Pad on HK’s Peak

Pansy Ho Shun Tak

2018/07/26 by Rafiaa Rumjahn 1 Comment

Shun Tak Holdings managing director Pansy Ho was revealed on Thursday to have bought a luxury house at 28 Gough Hill Road on Hong Kong’s Victoria Peak for HK$900 million ($114.69 million), the highest square-foot price in Asia for a… Read More>>

Shun Tak Holdings managing director Pansy Ho was revealed on Thursday to have bought a luxury house at 28 Gough Hill … Read more>>>

Mumbai India

KKR Said Investing $262M in Trio of Mumbai Real Estate Deals

Mumbai India

2018/07/26 by Matt Haldane Leave a Comment

Private equity firm KKR is expanding its real estate investment in India by putting 18 billion Indian rupees (about $262 million) into three projects across greater Mumbai, according to the Economic Times. The firm is said to be investing about… Read More>>

Private equity firm KKR is expanding its real estate investment in India by putting 18 billion Indian rupees (about $262 … Read more>>>

Ken Ng Angelo Gordon

Angelo Gordon, Chellaram’s Aim for 37% Profit Just Six Months After Buying Kowloon Assets

Ken Ng Angelo Gordon

2018/07/25 by Rafiaa Rumjahn Leave a Comment

Angelo, Gordon & Co and the family behind the Chellaram trading and transport company are offering to sell a set of three office floors in Kowloon East for around 37 percent more than they paid to purchase them… Read More>>

Angelo, Gordon & Co and the family behind the Chellaram trading and transport company are offering to sell a set of … Read more>>>

Edwin Leong Hong Kong

Investors Leong and Tang Put HK$12.5B in Hong Kong Properties Up for Sale

Edwin Leong Hong Kong

2018/07/24 by Rafiaa Rumjahn Leave a Comment

Two of Hong Kong’s best known real estate investors were revealed this week to have put a total of over HK$12 billion ($1.5 billion) worth of local properties on the market, leading to speculation over the market outlook of the… Read More>>

Two of Hong Kong’s best known real estate investors were revealed this week to have put a total of over HK$12 billion … Read more>>>

Hmlet Kamalski

SG Co-Living Startup Hmlet Acquires Hong Kong Competitor We R Urban

Hmlet Kamalski

2018/07/24 by Richard Meyer Leave a Comment

Singapore co-living enterprise Hmlet has agreed to acquire Hong Kong competitor we r urban, extending its reach to a third Asian city and increasing capacity by 23 percent overnight, according to a statement by the company.

The acquisition adds we… Read More>>

Singapore co-living enterprise Hmlet has agreed to acquire Hong Kong competitor we r urban, extending its reach to a … Read more>>>

Landsea Tian Ming

China Shut Down RMB 5.4B in Developer ABS Issues in July

Landsea Tian Ming

2018/07/23 by Michael Cole Leave a Comment

Mainland stock exchanges have suspended or terminated at least six asset-backed securities (ABS) issuances worth more than RMB 5.4 billion ($798 million) so far this month, igniting fears that authorities have broadened their clampdown on financing for Chinese real estate developers… Read More>>

Mainland stock exchanges have suspended or terminated at least six asset-backed securities (ABS) issuances worth more … Read more>>>

adarsh jatia provenance Land

Singapore’s GIC Said Buying Up to 50% of Mumbai Developer for $147M

adarsh jatia provenance Land

2018/07/22 by Richard Meyer Leave a Comment

In its fourth major Indian deal in less than a year, Singapore’s GIC is set to purchase up to 50 percent of Mumbai-based developer Provenance Land for 10 billion rupees ($147 million), according to a report in the Economic Times.

… Read More>>

In its fourth major Indian deal in less than a year, Singapore's GIC is set to purchase up to 50 percent of Mumbai-based … Read more>>>

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