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john ratcliffe

Asia Real Estate People in the News 2020-06-22

john ratcliffe

2020/06/22 by Mingtiandi Team 1 Comment

In this week’s edition of People in the News, workspace sharing giant WeWork expands the role of a company director in Shanghai, while Barings snaps up a longtime Challenger Real Estate hand to head its Asia Pacific real estate operations… Read More>>

In this week’s edition of People in the News, workspace sharing giant WeWork expands the role of a company director in … Read more>>>

elon musk

Netease Founder Buys Elon Musk’s $29M Mansion and More Asia Real Estate Headlines

elon musk

2020/06/20 by Michael Cole Leave a Comment

The founder of one of China’s earliest tech giants will soon be moving into the place formerly held by Tesla founder/business celebrity Elon Musk, according to news out of Los Angeles’ posh Bel-Air neighbourhood this past week.

Also in Mingtiandi’s… Read More>>

The founder of one of China’s earliest tech giants will soon be moving into the place formerly held by Tesla … Read more>>>

WeWork Pottinger

WeWork Gives Up Location in Hong Kong’s Central, City Footprint Cut by 30%

WeWork Pottinger

2020/06/20 by Mingtiandi Team 1 Comment

WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi late this past week that the shared workspace provider has abandoned it fourth location in the city since late last year.

After having… Read More>>

WeWork continues to struggle in the world’s most expensive office market as Industry sources confirmed to Mingtiandi … Read more>>>

ESR Jeffrey Shen

ESR Closes on $1B Korea Logistics JV with APG, CPPIB

ESR Jeffrey Shen

2020/06/19 by Mingtiandi Team Leave a Comment

ESR has closed on a $1 billion joint venture with longstanding partners Canada Pension Plan Investment Board (CPPIB) and Dutch pension manager APG Asset Management to develop industrial real estate projects in South Korea, as the Hong Kong-listed logistics developer… Read More>>

ESR has closed on a $1 billion joint venture with longstanding partners Canada Pension Plan Investment Board (CPPIB) and … Read more>>>

vivocity Shanghai

Mapletree Reports Profit Drop of 18% and More Asia Real Estate Headlines

vivocity Shanghai

2020/06/18 by Michael Cole Leave a Comment

Yet another major developer has seen its financial results take a beating as a result of COVID-19, as a Singaporean player leads today’s real estate headlines with news of an 18 drop in profits as valuations slide.

Also in the… Read More>>

Yet another major developer has seen its financial results take a beating as a result of COVID-19, as a Singaporean … Read more>>>

ashish shashtry

KKR, Temasek Invest $650M for Stake in Vietnamese Developer

ashish shashtry

2020/06/18 by Michael Cole Leave a Comment

Just 25 months after raising $1.35 billion in what then ranked as Vietnam’s largest IPO ever, Hanoi-based residential developer Vinhomes is selling a minority stake in the company to a KKR-led consortium for VND 15.1 trillion (US$650 million), according to… Read More>>

Just 25 months after raising $1.35 billion in what then ranked as Vietnam’s largest IPO ever, Hanoi-based residential … Read more>>>

peter woo

Wheelock Wins Approval for HK$126B Buyout and More Asia Real Estate Headlines

peter woo

2020/06/17 by Michael Cole Leave a Comment

Shareholders voted to approve a HK$126 billion buyout of Hong Kong’s fourth largest developer this week, making that megadeal rank at the top of today’s roundup of real estate headlines. In other news from around the region, a US data… Read More>>

Shareholders voted to approve a HK$126 billion buyout of Hong Kong’s fourth largest developer this week, making that … Read more>>>

Zhang_Ting

Movie Star’s Beauty Brand Buys Shanghai Building From Tishman Speyer for RMB 1.8B

Zhang_Ting

2020/06/17 by Mingtiandi Team 1 Comment

Selling face cream is not the usual path to owning large commercial buildings but, with some help from WeChat, a Chinese beauty products brand controlled a by a celebrity couple just purchased a Pudong office block for RMB 1.76 billion… Read More>>

Selling face cream is not the usual path to owning large commercial buildings but, with some help from WeChat, a Chinese … Read more>>>

he xiangjian

Midea Boss Survives Kidnapping Attempt in Foshan and More Asia Real Estate Headlines

he xiangjian

2020/06/16 by Michael Cole Leave a Comment

Hostage drama in a private golf resort is on the playbill for Asia’s real estate investors today as the billionaire founder of one of China’s biggest appliance makers is rescued from an attack in his luxury home.

Also in the… Read More>>

Hostage drama in a private golf resort is on the playbill for Asia’s real estate investors today as the billionaire … Read more>>>

Bonny Budi Setiawan

Alpha, Manulife Team with Indonesian Builder for $200M Warehouse JV

Bonny Budi Setiawan

2020/06/15 by Mingtiandi Team Leave a Comment

Singapore-based Alpha Investment Partners Limited has joined forces with a subsidiary of Manulife Financial Corporation and Indonesian warehouse specialist PT Mega Manunggal Property Tbk (MMP) for a new $200 million logistics investment in Jakarta, according to an announcement to the… Read More>>

Singapore-based Alpha Investment Partners Limited has joined forces with a subsidiary of Manulife Financial Corporation … Read more>>>

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