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sebastian gunningham

WeWork Formally Cancels IPO as Layoffs, Cost Cuts Loom

sebastian gunningham

2019/10/01 by Michael Cole Leave a Comment

WeWork’s planned IPO won’t work, appears to be the decision of the shared office giant’s new leadership, which announced late Monday that the We Company was withdrawing its application for an initial public offering.

“We have decided to postpone our… Read More>>

WeWork’s planned IPO won’t work, appears to be the decision of the shared office giant’s new leadership, which announced … Read more>>>

hong kong housing

Hong Kong Home Prices Fall 1.4% in August and More Asia Real Estate Headlines

hong kong housing

2019/10/01 by Michael Cole Leave a Comment

The struggles of Asia’s wealthiest city continue to dominate real estate news from around the region today as home prices in Hong Kong fell by 1.4 percent in August – their fastest decline of 2019. The performance by the Greater… Read More>>

The struggles of Asia’s wealthiest city continue to dominate real estate news from around the region today as home … Read more>>>

PGIM's Benett Theseira

PGIM Real Estate Achieves $447M First Close on Asia Core Fund 

PGIM's Benett Theseira

2019/09/30 by James Hatton Leave a Comment

PGIM Real Estate has reached a first close of $447 million on its Asia Core Fund, according to an announcement by the asset management unit of US financial giant Prudential.

Seeded with a $290 million portfolio of four assets in… Read More>>

PGIM Real Estate has reached a first close of $447 million on its Asia Core Fund, according to an announcement by the … Read more>>>

Ngoc Chu

Asia Real Estate People in the News 2019-09-30

Ngoc Chu

2019/09/30 by James Hatton Leave a Comment

In this week’s edition of Mingtiandi’s People in the News, Colliers’ head of international properties in Asia has stepped down to join CBRE’s residential agency team in Sydney, while a Singapore-based property-listings portal has made a pair of key hires… Read More>>

In this week’s edition of Mingtiandi’s People in the News, Colliers’ head of international properties in Asia has … Read more>>>

ben lee keppel

Keppel Buys Office Building in Shanghai’s Zhangjiang High Tech Park for RMB 493M

ben lee keppel

2019/09/30 by Jan Kot Leave a Comment

Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.

… Read More>>

Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial … Read more>>>

KPF design principal Jeffrey Kenoff,

KPF Plans to Bridge Hangzhou’s West Lake, Grand Canal with RMB 19B Hang Lung Project

KPF design principal Jeffrey Kenoff,

2019/09/30 by Jan Kot 1 Comment

Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox (KPF) Associates to begin construction on Westlake 66, a 194,100 square metre commercial development in Hangzhou’s Xiacheng district.

The project, which broke ground… Read More>>

Hong Kong-based developer Hang Lung Properties has teamed up with New York-based architecture firm Kohn Pedersen Fox … Read more>>>

Sharon Lim Mapletree Commercial Trust

Mapletree REIT to Acquire Google APAC HQ in S$1.55B Singapore Biz Park Buy

Sharon Lim Mapletree Commercial Trust

2019/09/28 by James Hatton Leave a Comment

The manager of Mapletree Commercial Trust has agreed to acquire Google’s Asia Pacific headquarters in Singapore as part of a S$1.55 billion ($1.14 billion) purchase of four buildings in the city’s Pasir Panjang area.

Mapletree Commercial Trust Management, in an… Read More>>

The manager of Mapletree Commercial Trust has agreed to acquire Google’s Asia Pacific headquarters in Singapore as part … Read more>>>

adrian cheng

Henderson, New World May Hand Over Plots as HK Govt Explores Land Requisitioning

adrian cheng

2019/09/28 by James Hatton Leave a Comment

Two of Hong Kong’s largest developers have expressed their willingness to hand over part of their land banks for housing development as the government looks into requisitioning underused plots in a bid to lessen a home shortage.

On Thursday, Henderson… Read More>>

Two of Hong Kong’s largest developers have expressed their willingness to hand over part of their land banks for housing … Read more>>>

Tokyo Skyline

Straits Trading Agrees to Acquire Trio of Tokyo Buildings and More Asia Real Estate Headlines

Tokyo Skyline

2019/09/28 by Michael Cole Leave a Comment

Singapore’s hunger for overseas property leads Mingtiandi’s roundup of real estate headlines today as one of the city state’s most active private investment firms has agreed to buy a set of three buildings in Tokyo.

Hong Kong’s ongoing struggles also… Read More>>

Singapore’s hunger for overseas property leads Mingtiandi’s roundup of real estate headlines today as one of the city … Read more>>>

Ascott Buys Sydney Serviced Apartment Project for S$192M 

2019/09/27 by James Hatton Leave a Comment

The Ascott Ltd, CapitaLand’s hospitality unit, is buying a freehold serviced residence project in Sydney for S$192 million ($139 million), bringing Ascott’s assets under management to S$10 billion globally, according to an announcement by the company.

The serviced apartment owner-operator… Read More>>

The Ascott Ltd, CapitaLand’s hospitality unit, is buying a freehold serviced residence project in Sydney for S$192 … Read more>>>

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