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Hmlet Kamalski

Sequoia Leads $6.5M Series A Investment in SG Co-living Platform Hmlet

Hmlet Kamalski

2018/11/18 by Emma Zhou Leave a Comment

Singapore-based co-living platform Hmlet last week announced that it has raised $6.5 million in a series A round led by Sequoia India, the India affiliate of US venture capital giant Sequoia Capital.

The co-living startup, which has 13 locations in… Read More>>

Singapore-based co-living platform Hmlet last week announced that it has raised $6.5 million in a series A round led by … Read more>>>

Country Garden Yang Guoqiang

Country Garden Plans $1B Convertible Bond and More Asia Real Estate Headlines

Country Garden Yang Guoqiang

2018/11/18 by Michael Cole Leave a Comment

The Market Strikes Back could be the subtitle of today’s roundup of real estate news from around the region as developers in Hong Kong struggle to sell homes amid an unexpectedly steep downturn, and mainland developers scramble to arrange new… Read More>>

The Market Strikes Back could be the subtitle of today’s roundup of real estate news from around the region as … Read more>>>

Mao Daqing Ucommune

Chinese Co-Working Unicorn Ucommune Raises $200M at $3B Valuation

Mao Daqing Ucommune

2018/11/15 by Jan Kot Leave a Comment

Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, bringing in $200 million to further accelerate the expansion of its global footprint, according to a company statement.

The deal, described as… Read More>>

Chinese co-working giant Ucommune announced on Wednesday that it has raised its biggest tranche of new capital ever, … Read more>>>

pan sutong goldin

Goldin Group Wins Latest Project in Hong Kong’s Kai Tak for HK$8.9B

pan sutong goldin

2018/11/15 by Emma Zhou Leave a Comment

Hong Kong’s Lands Department on Wednesday announced that a residential site on what was once the runway of the city’s Kai Tak Airport has been awarded to Hong Kong financial conglomerate Goldin Group for HK$8.9 billion ($1.14 billion).

The 9,708… Read More>>

Hong Kong’s Lands Department on Wednesday announced that a residential site on what was once the runway of the city’s … Read more>>>

China construction worker

China Property Data Roundup – October 2018

China construction worker

2018/11/15 by Michael Cole Leave a Comment

This is the week that China issues its latest batch of monthly data on the real estate sector, as tighter policy enforcement in the country’s major cities leads to fewer home sales and less investment, while prices rise in smaller… Read More>>

This is the week that China issues its latest batch of monthly data on the real estate sector, as tighter policy … Read more>>>

Liam Wee Sin UOL

Singapore’s UOL Sees Net Profit Slide in Q3 and More Asia Real Estate Headlines

Liam Wee Sin UOL

2018/11/15 by Michael Cole Leave a Comment

Leading today’s set of real estate headlines from around the region, Singapore’s UOL announced an 85 percent drop in net profit after a recent consolidation, plus the fugitive boss of one of Hong Kong’s largest developers is still free to… Read More>>

Leading today’s set of real estate headlines from around the region, Singapore’s UOL announced an 85 percent drop in net … Read more>>>

HNA Hainan Airlines

Defaulting HNA Unit Offers Investors Air Tickets and More Asia Real Estate Headlines

HNA Hainan Airlines

2018/11/15 by Michael Cole Leave a Comment

Investors in a finance unit of China’s troubled HNA may be hoping that the company manages its planes better than it has their money, after the defaulting finance provider began offering them airplane tickets in lieu of principal and interest…. Read More>>

Investors in a finance unit of China’s troubled HNA may be hoping that the company manages its planes better than it has … Read more>>>

Masayoshi Son Softbank

New $3B Softbank Investment Boosts WeWork Valuation to at Least $42B

Masayoshi Son Softbank

2018/11/15 by Emma Zhou Leave a Comment

American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has committed another $3 billion to the company, boosting its valuation to at least $42 billion.

Softbank is investing in WeWork through a warrant that allows… Read More>>

American flexible working space provider WeWork on Tuesday announced that its largest shareholder, SoftBank, has … Read more>>>

Russell Street Hong Kong

HK’s Causeway Bay Again Home to World’s Priciest Shopping Street

Russell Street Hong Kong

2018/11/15 by Emma Zhou Leave a Comment

Russell Street in Hong Kong’s Causeway Bay outstripped Fifth Avenue in Manhattan to become the world most expensive retail street for the first time in five years, according to a survey of retail locations released this week.

Shops and mall… Read More>>

Russell Street in Hong Kong’s Causeway Bay outstripped Fifth Avenue in Manhattan to become the world most expensive … Read more>>>

phil pearce esr

ESR Finalises $522M Buy-Out of Australia’s Propertylink

phil pearce esr

2018/11/14 by Jan Kot Leave a Comment

Warburg Pincus-backed ESR has clinched a deal to buy out Sydney-based real estate investment manager Propertylink in a deal that values the Australian company at A$723.4 million ($522.51 million), according to an announcement by Propertylink to the Australian stock exchange.

… Read More>>

Warburg Pincus-backed ESR has clinched a deal to buy out Sydney-based real estate investment manager Propertylink in a … Read more>>>

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