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adam neumann-tb

Softbank Said Joining Board Mutiny Against WeWork CEO

adam neumann-tb

2019/09/23 by Michael Cole 1 Comment

After the parent company of WeWork failed in its attempt to launch an IPO this month and the startup’s valuation was reported to slide by as much as 75 percent, Japan’s Softbank is now reported to have joined a shareholder… Read More>>

After the parent company of WeWork failed in its attempt to launch an IPO this month and the startup’s valuation was … Read more>>>

Chart 1

92% Say WeWork Worth $15B or Less, No IPO Without Path to Profit Mingtiandi Survey Results

Chart 1

2019/09/23 by Michael Cole Leave a Comment

The aftermath of the decision one week ago by the We Company, the parent firm of WeWork, to postpone its initial public offering continues to be examined in the international press, in board rooms and coffee shops as markets sort… Read More>>

The aftermath of the decision one week ago by the We Company, the parent firm of WeWork, to postpone its initial public … Read more>>>

Peter Yuen, Savills

Savills Scores Hong Kong Office Sale to Lead Brokerage Wins Mingtiandi Broker Battle

Peter Yuen, Savills

2019/09/23 by James Hatton Leave a Comment

A successful, if slightly unusual, sale of a vertical slice of a Hong Kong commercial property leads this edition of Mingtiandi’s roundup of agency wins, with Savills brokering the HK$780 million ($100 million) disposal of 59 percent of the Winway… Read More>>

A successful, if slightly unusual, sale of a vertical slice of a Hong Kong commercial property leads this edition of … Read more>>>

Asia Real Estate People in the News 2019-09-23

2019/09/23 by James Hatton Leave a Comment

In this week’s edition of People in the News, JLL says goodbye to its head of valuation advisory services in Asia and Greater China, while Colliers prepares to welcome the outgoing professional services chief, according to market sources who spoke… Read More>>

In this week’s edition of People in the News, JLL says goodbye to its head of valuation advisory services in Asia and … Read more>>>

Nigel Barnes Regus

IWG Rolls Out “McDonald’s-Style” Regus, Spaces Franchises in Hong Kong 

Nigel Barnes Regus

2019/09/22 by James Hatton Leave a Comment

While WeWork’s IPO fiasco continues to shake the co-working universe, the world’s largest serviced office provider has announced that it has begun making available franchise opportunities under its Regus and Spaces brands in Hong Kong.

IWG, which started operating flexible… Read More>>

While WeWork’s IPO fiasco continues to shake the co-working universe, the world’s largest serviced office provider has … Read more>>>

Lu Wing Chi

SEA Holdings Buys Office Block in HK’s Central After Reported 35% Price Reduction

Lu Wing Chi

2019/09/22 by Jan Kot Leave a Comment

Hong Kong-listed SEA Holdings has acquired the majority of a 24-storey office building in the city’s Central district for HK$780 million ($99.53 million), with the sale reportedly taking place after the owners agreed to drop the price by more than… Read More>>

Hong Kong-listed SEA Holdings has acquired the majority of a 24-storey office building in the city's Central district … Read more>>>

david faulkner

Colliers’ Asia Valuation and Advisory Chief David Faulkner Set to Retire

david faulkner

2019/09/22 by Michael Cole 1 Comment

Colliers International’s head of international valuations and advisory services, David Faulkner, will retire after 16 years with the property services provider, according to an internal email seen by Mingtiandi.

In a message sent to Colliers’ staff, the company’s CEO for… Read More>>

Colliers International’s head of international valuations and advisory services, David Faulkner, will retire after 16 … Read more>>>

400 Capitol - Exterior

Singapore-Listed US REIT Adds $143M for Acquisitions and More Asia Real Estate Headlines

400 Capitol - Exterior

2019/09/20 by Michael Cole Leave a Comment

Singapore’s asset hungry investors lead today’s digest of real estate news from around the region, as a REIT set up to invest in US real estate assets completes $143 million in equity fund raising to fuel its acquisitions.

The collapse… Read More>>

Singapore’s asset hungry investors lead today’s digest of real estate news from around the region, as a REIT set up to … Read more>>>

David Chiu FEC

OUE Sells Oakwood Apartments in SG to Far East Consortium-AMTD JV for S$289M

David Chiu FEC

2019/09/19 by Jan Kot Leave a Comment

OUE has agreed to sell the hotel and serviced residence component of its OUE Downtown project, along with the associated business operations, to a pair of joint ventures between Far East Consortium and Hong Kong investment bank AMTD Group for… Read More>>

OUE has agreed to sell the hotel and serviced residence component of its OUE Downtown project, along with the associated … Read more>>>

Colliers Boosts India Presence With Acquisition of Bangalore-Based Project Manager

2019/09/19 by James Hatton Leave a Comment

Colliers International has acquired an eighty-percent controlling interest in Bangalore-based project management firm Synergy, with the management of the newly acquired firm set to take the helm of the real estate service provider’s India operation.

Through the acquisition, Toronto-headquartered Colliers… Read More>>

Colliers International has acquired an eighty-percent controlling interest in Bangalore-based project management firm … Read more>>>

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