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adam neumann Wework

WeWork IPO Said Shelved

adam neumann Wework

2019/09/17 by Michael Cole 1 Comment

Earlier this year bankers from Goldman Sachs were said to speak of WeWork as a company worth as much as $65 billion after it quietly filed for an IPO in late 2018. That valuation could still happen someday, but not… Read More>>

Earlier this year bankers from Goldman Sachs were said to speak of WeWork as a company worth as much as $65 billion … Read more>>>

Jang Seung-chul Hana

Blackstone Said to Choose Hana as Preferred Bidder for $1.1B German Complex

Jang Seung-chul Hana

2019/09/16 by Michael Cole Leave a Comment

Blackstone is preparing to sell Germany’s largest office building to a Korean investor, with Hana Financial Investment said to have entered into exclusive negotiations to purchase a Frankfurt property from the US investment giant for KRW 1.3 trillion (1.1 billion).

… Read More>>

Blackstone is preparing to sell Germany’s largest office building to a Korean investor, with Hana Financial Investment … Read more>>>

Keppel DC REIT Beefs Up SG Bit Barn Portfolio with S$585M Pair of Deals

2019/09/16 by James Hatton Leave a Comment

Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million ($426 million), according to an announcement by the manager of the Singapore-listed real estate investment trust.

The Singapore-listed data… Read More>>

Keppel DC REIT is set to acquire a pair of Singapore data centres in a pair of transactions totalling S$585.1 million … Read more>>>

carrie liang k11

Asia Real Estate People in the News 2019-09-16

carrie liang k11

2019/09/16 by Michael Cole Leave a Comment

A change in financial management at Hong Kong-listed SRE Group kicks off this week’s collection of real estate professionals finding new jobs, as troubles at the company’s cash-strapped parent appear to ripple into the operations of the cross-border investment specialist…. Read More>>

A change in financial management at Hong Kong-listed SRE Group kicks off this week’s collection of real estate … Read more>>>

ESR IPO

ESR Refiles for Hong Kong IPO as Market Recovers

ESR IPO

2019/09/15 by Michael Cole Leave a Comment

Warburg Pincus-backed warehouse investment platform ESR plans to re-launch an initial public offering in Hong Kong, with the company having filed an updated prospectus with the city’s stock exchange late on Thursday.

ESR, which manages $20.2 billion in assets across… Read More>>

Warburg Pincus-backed warehouse investment platform ESR plans to re-launch an initial public offering in Hong Kong, with … Read more>>>

adam neumann-tb

WeWork Valuation Said to Sink to $10B as IPO Roadshow Kicks Off

adam neumann-tb

2019/09/14 by Michael Cole Leave a Comment

The owners of WeWork have decided to push forward with an IPO roadshow starting this coming week, according to media reports, but that sale may be at a valuation as much as 79 percent below what shares in the company… Read More>>

The owners of WeWork have decided to push forward with an IPO roadshow starting this coming week, according to media … Read more>>>

Freddy Lee SOCAM

Freddy Lee Named SOCAM CEO as Shui On Group Shuffles Leadership

Freddy Lee SOCAM

2019/09/13 by Michael Cole Leave a Comment

Former Shui On Land CEO Freddy Lee Chun-kong is re-ascendant at tycoon Vincent Lo’s Shui On Group as SOCAM Development Ltd announced this week that Lee will take the helm of the Hong Kong-listed company as Chief Executive Officer on… Read More>>

Former Shui On Land CEO Freddy Lee Chun-kong is re-ascendant at tycoon Vincent Lo’s Shui On Group as SOCAM Development … Read more>>>

Raymond Kwok Sun Hung Kai

Sun Hung Kai Says Hong Kong Hotels Now Half-Empty and More Asia Real Estate Headlines

Raymond Kwok Sun Hung Kai

2019/09/13 by Michael Cole Leave a Comment

News of the impact of Hong Kong’s economic slump on even its biggest players leads today’s headline roundup as the city’s biggest developer reveals that some of its hotels are now only half-occupied while its shopping centres suffer a lack… Read More>>

News of the impact of Hong Kong’s economic slump on even its biggest players leads today’s headline roundup as the … Read more>>>

stephen schwarzman blackstone

Blackstone Buys Out India Office Portfolio for INR 44B, Checks Out Warehouse Deal

stephen schwarzman blackstone

2019/09/12 by Michael Cole Leave a Comment

Blackstone has reached an agreement to take control of an Indian office portfolio and is said to be negotiating its first logistics investment in the south Asian nation.

Following the successful launch of its Embassy Office Parks REIT in March… Read More>>

Blackstone has reached an agreement to take control of an Indian office portfolio and is said to be negotiating its … Read more>>>

Yoan Kamalski

Hmlet Targets Australia with Sydney Co-living Tie-up 

Yoan Kamalski

2019/09/12 by James Hatton Leave a Comment

Just weeks after opening its largest property ever in Singapore, co-living operator Hmlet has announced its first multi-asset deal in Australia with Sydney-based developer Revelop.

The Hmlet-Revelop deal comprises two converted residential properties in central Sydney and another pair of… Read More>>

Just weeks after opening its largest property ever in Singapore, co-living operator Hmlet has announced its first … Read more>>>

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