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Asia Real Estate People in the News 2019-08-19

2019/08/20 by James Hatton Leave a Comment

In this week’s edition of People in the News, the chairman of a major Shenzhen-listed developer has retired after 14 years in charge, while the chief executive officer of Asia’s biggest developer steps down from chairing the executive committee of… Read More>>

In this week’s edition of People in the News, the chairman of a major Shenzhen-listed developer has retired after 14 … Read more>>>

ma mingzhe Ping An

CFLD Sells Beijing Project to Ping An for RMB 5.83B

ma mingzhe Ping An

2019/08/19 by Jan Kot Leave a Comment

Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to Ping An Insurance for a consideration of RMB 5.829 billion ($830 million) as the developer shifts toward an asset light approach in… Read More>>

Beijing-based China Fortune Land Development (CFLD) announced that it has agreed to sell a Beijing commercial project to … Read more>>>

Hong Kong Commercial Real Estate Transactions Fell 42% in 2019 Q2

2019/08/19 by James Hatton Leave a Comment

As discontent over the government’s extradition bill roiled the Hong Kong economy, and with mainland authorities keeping a tight clamp on cash, commercial real estate transaction volume fell over 42 percent in Hong Kong during the second quarter of this… Read More>>

As discontent over the government's extradition bill roiled the Hong Kong economy, and with mainland authorities keeping … Read more>>>

Stephen Riady

OUE Sells French-Designed Mansion to Chairman Stephen Riady for S$95M

Stephen Riady

2019/08/19 by James Hatton Leave a Comment

Singapore-listed OUE Group has sold a trophy home in the most elite enclave of the city’s ultra rich to its executive chairman, Stephen Riady for S$95 million ($68 million), according to a stock exchange announcement.

Under the terms of an… Read More>>

Singapore-listed OUE Group has sold a trophy home in the most elite enclave of the city's ultra rich to its executive … Read more>>>

Luckin Coffee Q2 Losses Hit $92M and More Asia Real Estate Headlines

2019/08/17 by James Hatton Leave a Comment

Caffeine wars lead the way in Mingtiandi’s roundup of real estate headlines today as China’s pretender to the Starbucks throne roasted $92 million this past quarter in a bid to catch up with the US coffee titan.

In other news… Read More>>

Caffeine wars lead the way in Mingtiandi’s roundup of real estate headlines today as China’s pretender to the Starbucks … Read more>>>

Nigel Barnes Regus

IWG Brings Regus Franchise Sale Plan to Singapore, Greater China

Nigel Barnes Regus

2019/08/15 by Michael Cole Leave a Comment

While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which operates five times more flexible office globally than the co-working pioneer, is expanding a franchising program in a bid to offer… Read More>>

While the real estate world turns its eyes to WeWork’s impending $3.5 billion IPO, the company behind Regus, which … Read more>>>

Adam Neumann

WeWork Said Leasing Four Floors of HK’s Hopewell Centre for HK$2.7M Per Month

Adam Neumann

2019/08/15 by Jan Kot Leave a Comment

Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has continued to take up more space in the world’s most expensive office market.

The New York-based shared space specialist is said… Read More>>

Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has … Read more>>>

Stephen Schwarzman

Blackstone May Buy Back $2.4B Anbang Japan Portfolio and More Asia Real Estate Headlines

Stephen Schwarzman

2019/08/15 by Michael Cole Leave a Comment

Alternative asset giant Blackstone leads today’s headline roundup with news of potential acquisitions in both Japan and India, as Mingtiandi helps you through the headlines.

In mainland China, the government’s ongoing clampdown on the housing industry continues to discourage developers,… Read More>>

Alternative asset giant Blackstone leads today’s headline roundup with news of potential acquisitions in both Japan and … Read more>>>

HK’s WorkTech Launches First Co-Working Space in Taipei 

2019/08/15 by James Hatton Leave a Comment

WorkTech is set to launch its first co-working location in Taipei, a 2,000 square metre (21,528 square feet) space in the city’s hipster-favoured Zhongshan district that will open next month.

The eight-year-old Hong Kong-based company is the latest shared office… Read More>>

WorkTech is set to launch its first co-working location in Taipei, a 2,000 square metre (21,528 square feet) space in … Read more>>>

adam neumann

WeWork Files IPO Prospectus, Revealing Finances of Co-Working Giant

adam neumann

2019/08/14 by Michael Cole Leave a Comment

The shared office giant once known as WeWork has filed the prospectus for its initial public offering, taking the latest step towards what is expected to be the second largest stock debut of this year.

The S-1 filing with the… Read More>>

The shared office giant once known as WeWork has filed the prospectus for its initial public offering, taking the latest … Read more>>>

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