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wework shenzhen

WeWork’s Shanghai Centres Said to Be 35% Vacant and More Asia Real Estate Headlines

wework shenzhen

2019/10/25 by James Hatton Leave a Comment

A pair of Softbank ventures at different stages of the venture-fueled business arc lead Mingtiandi’s collection of real estate headlines today, as the FT reports that WeWork now has more than 15,000 empty desks in Shanghai alone. That struggle in… Read More>>

A pair of Softbank ventures at different stages of the venture-fueled business arc lead Mingtiandi's collection of real … Read more>>>

Yanlord Land Offers to Buy Out United Engineers in S$1.7B Deal

2019/10/25 by James Hatton Leave a Comment

Shanghai-based Yanlord Land Group is making a mandatory cash offer for United Engineers Limited in a deal that values the century-old property company at S$1.7 billion ($1.25 billion).

The developer chaired by mainland native Zhong Sheng Jian, who is also… Read More>>

Shanghai-based Yanlord Land Group is making a mandatory cash offer for United Engineers Limited in a deal that values … Read more>>>

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>>>

Chen Feng HNA

HNA Restructures $372M Stake in Tishman Speyer NYC Project

Chen Feng HNA

2019/10/24 by Jan Kot Leave a Comment

HNA Group is transferring ownership of its interest in a $3.6 billion New York trophy project as liquidity problems continue to challenge one of China’s most debt-laden conglomerates.

Under the terms of the deal set out in a filing to… Read More>>

HNA Group is transferring ownership of its interest in a $3.6 billion New York trophy project as liquidity problems … Read more>>>

One Indiabulls Centre in Mumbai

Blackstone Tees Up India Logistics Push and More Asia Real Estate Headlines

One Indiabulls Centre in Mumbai

2019/10/24 by James Hatton Leave a Comment

Indian sheds lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US private equity giant is alleged to be lining up a $150 million logistics deal with a major Indian developer.

In… Read More>>

Indian sheds lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US private … 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>>>

World’s Priciest Parking Spot Sells for $969K in Hong Kong and More Asia Real Estate Headlines

2019/10/23 by James Hatton Leave a Comment

A world record parking space leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that logistics tycoon Johnny Cheung Shun-yee has sold a bay in a Hong Kong office tower for just under $1… Read More>>

A world record parking space leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news … Read more>>>

Adam-Neumann

Softbank Bails Out WeWork, Neumann at $7B Valuation

Adam-Neumann

2019/10/23 by Michael Cole Leave a Comment

WeWork has proven to be a game-changing business – at least for deposed CEO Adam Neumann.

Under the terms of a bailout package put together by Softbank, the WeWork founder will be receiving around $1.7 billion in compensation in return… Read More>>

WeWork has proven to be a game-changing business – at least for deposed CEO Adam Neumann. Under the terms of a bailout … 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>>>

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