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WeWork Said Exiting Korea 2 Months After Naming New Boss and More Asia Real Estate Headlines

2020/06/13 by James Hatton Leave a Comment

A troubled co-working company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the loss-making firm, which has burned through billions of dollars worth of investment from Softbank and other backers without turning a profit, is… Read More>>

A troubled co-working company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the … Read more>>>

Lu Zhengyao

Luckin Coffee Boss Said Facing Charges Over RMB 2.2B Sales Scam

Lu Zhengyao

2020/06/11 by James Hatton Leave a Comment

Luckin Coffee chairman Charles Zhengyao Lu’s multi-billion dollar business empire is curdling like a week-old latte, as the founder of three listed companies is said to be in line for criminal charges over his role in a RMB 2.2 billion… Read More>>

Luckin Coffee chairman Charles Zhengyao Lu’s multi-billion dollar business empire is curdling like a week-old latte, as … Read more>>>

david simon

Simon Properties Sues in US Court to Cancel $3.6B Acquisition of Taubman

david simon

2020/06/11 by Chris Kudialis Leave a Comment

The COVID-19 pandemic drove the biggest drop in US retail sales ever during April, and now the coronavirus has also killed off the country’s largest mall developer’s appetite for a $3.6 billion merger.

Simon Property Group in a 202-page declaratory… Read More>>

The COVID-19 pandemic drove the biggest drop in US retail sales ever during April, and now the coronavirus has also … Read more>>>

IFC Hong Kong

Office Vacancy in HK’S Central Hits Post-2009 Peak and More Asia Real Estate Headlines

IFC Hong Kong

2020/06/11 by James Hatton Leave a Comment

Hong Kong’s priciest district leads Mingtiandi’s roundup of Asia real estate headlines as the average vacancy level across the once red hot office market has soared to 8.5% – its highest since 2009.

In other news around the region, the… Read More>>

Hong Kong’s priciest district leads Mingtiandi’s roundup of Asia real estate headlines as the average vacancy level … Read more>>>

george hongchoy link reit

Link REIT Said in Talks to Buy Morgan Stanley’s £390M European HQ in London

george hongchoy link reit

2020/06/10 by James Hatton Leave a Comment

Link REIT is said to be in negotiations to buy Morgan Stanley’s European headquarters in London in what would be the trust’s first acquisition in Europe, with the prospective acquisition surfacing less than two months after the trust completed its… Read More>>

Link REIT is said to be in negotiations to buy Morgan Stanley’s European headquarters in London in what would be the … Read more>>>

Mike Batchelor, JLL APAC CEO, Hotels and Hospitality

JLL Names New Head of APAC Hospitality Division

Mike Batchelor, JLL APAC CEO, Hotels and Hospitality

2020/06/10 by Mingtiandi Team Leave a Comment

JLL has promoted the CEO of its hospitality business in Asia to the top role regionally, adding Australia, New Zealand and the Pacific Island markets to the senior executive’s territory.

Mike Batchelor, a 27-year employee of the US-based commercial real… Read More>>

JLL has promoted the CEO of its hospitality business in Asia to the top role regionally, adding Australia, New Zealand … Read more>>>

justin chiu ck asset

CK Asset’s Chiu Defends Security Law and More Asia Real Estate Headlines   

justin chiu ck asset

2020/06/10 by James Hatton Leave a Comment

A company controlled by Hong Kong’s richest man leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the firm defends Beijing’s new security law for Hong Kong ahead of its biggest property launch of the year.

… Read More>>

A company controlled by Hong Kong’s richest man leads the way in Mingtiandi’s roundup of Asia real estate headlines … Read more>>>

the-center- hong-kong

Expedia Said Surrendering HK$1.75M Per Month Office in Central

the-center- hong-kong

2020/06/09 by Mingtiandi Team Leave a Comment

Just two years into a four-year lease, online travel giant Expedia is said to be surrendering its 25,000 square foot (2,322 square metre) office in The Center in Hong Kong, after the company in February announced layoffs of 3,000 staff… Read More>>

Just two years into a four-year lease, online travel giant Expedia is said to be surrendering its 25,000 square foot … Read more>>>

danke apartment gao jing

NYSE, NASDAQ-Listed Mainland Apartment Platforms Accused of Cheating

danke apartment gao jing

2020/06/09 by James Hatton 1 Comment

A pair of loss-making Chinese rental apartment outfits are coming under increasing pressure from authorities, following allegations of financial exploitation.

The Shenzhen Housing and Urban-rural Construction Bureau said last Friday that it had launched an investigation into the business practices… Read More>>

A pair of loss-making Chinese rental apartment outfits are coming under increasing pressure from authorities, following … Read more>>>

Eagle Hospitality Trust Manager Investigated and More Asia Real Estate Headlines 

2020/06/09 by James Hatton Leave a Comment

An SGX-listed REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines as the directors of the trust manager are probed in connection with suspected breaches of stock exchange disclosure requirements.

In other news around the region, a… Read More>>

An SGX-listed REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines as the directors of the trust … Read more>>>

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