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HNA_chen-feng

HNA Cancels RMB 1.3B Sale of Beijing Office Building to Vanke

HNA_chen-feng

2018/10/16 by Emma Zhou Leave a Comment

Financially troubled HNA Group on Tuesday announced to the Shanghai Exchange that its shareholders have rejected a RMB 1.3 billion ($190 million) deal to sell a Beijing office tower to China Vanke, which the two companies had agreed to in… Read More>>

Financially troubled HNA Group on Tuesday announced to the Shanghai Exchange that its shareholders have rejected a RMB … Read more>>>

Zhu MengYi Hopson

Mainland Developer Hopson Buys a Floor in The Center for HK$1.1B

Zhu MengYi Hopson

2018/10/16 by Jan Kot Leave a Comment

Hong Kong-listed builder Hopson Development announced last week that it has become the latest mainland buyer of a floor in the Center, a premium office property located in Hong Kong’s Central business district.

The Guangdong-based builder is paying approximately HK$1.1 billion… Read More>>

Hong Kong-listed builder Hopson Development announced last week that it has become the latest mainland buyer of a floor … Read more>>>

Hong Kong protest

Hong Kongers Protest Artificial Island Plan and More Asia Real Estate Headlines

Hong Kong protest

2018/10/16 by Michael Cole Leave a Comment

Hong Kong residents may be sick of the city’s ongoing housing crisis but at least a few thousand of them seem to have found the government’s proposed cure to be worse than the illness. Protests over the weekend lead today’s… Read More>>

Hong Kong residents may be sick of the city’s ongoing housing crisis but at least a few thousand of them seem to have … Read more>>>

Lucas Loh CapitaLand

CapitaLand Said Buying Project in Shanghai’s Hongkou District for $1.85B

Lucas Loh CapitaLand

2018/10/15 by Emma Zhou Leave a Comment

Singapore’s CapitaLand is reportedly investing at least RMB 12.79 billion ($1.85 billion) to acquire its most expensive real estate project yet in mainland China, according to accounts in the mainland media.

Southeast Asia’s largest developer would be paying the record… Read More>>

Singapore’s CapitaLand is reportedly investing at least RMB 12.79 billion ($1.85 billion) to acquire its most expensive … Read more>>>

Rush Desai of Allianz

Allianz Investing $175M in KaiLong Greater China Real Estate Fund

Rush Desai of Allianz

2018/10/15 by Jan Kot Leave a Comment

Global insurance giant Allianz is committing an estimated $175 million to a commercial real estate investment fund targetting opportunities in China, managed by Warburg Pincus-backed KaiLong Group.

Allianz announced on Monday that it is taking a 35 percent share in… Read More>>

Global insurance giant Allianz is committing an estimated $175 million to a commercial real estate investment fund … Read more>>>

Chen Si Lang Atlas

Goldman-Backed Co-Working Startup Atlas Valued at $871M in Latest Funding Round

Chen Si Lang Atlas

2018/10/15 by Emma Zhou Leave a Comment

Goldman Sachs-backed co-working provider Atlas on Friday announced that it has completed a new round of financing which values the Guangzhou-based firm at HK$6.8 billion ($871 million) following completion of the investment.

The flexible workplace provider founded by Chen Sze… Read More>>

Goldman Sachs-backed co-working provider Atlas on Friday announced that it has completed a new round of financing which … Read more>>>

James Lo WeWork

Asia Real Estate People in the News 2018-10-15

James Lo WeWork

2018/10/15 by Michael Cole Leave a Comment

As industry leader WeWork toys with a potential $40 billion valuation, the benefits of co-working to most investors in the industry remain to be seen, however, the upside in terms of jobs for real estate professionals in the region are… Read More>>

As industry leader WeWork toys with a potential $40 billion valuation, the benefits of co-working to most investors in … Read more>>>

alan ai wework

WeWork Opens in Kowloon East With Plans for 18 HK Centres

alan ai wework

2018/10/14 by Emma Zhou Leave a Comment

WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, general manager of WeWork Greater China, said at the opening ceremony of the flexible office provider’s first… Read More>>

WeWork is planning to triple its number of locations in Hong Kong to at least 18 within the next two years, Alan Ai, … Read more>>>

Chen Feng HNA

HNA Adds Nine Overseas Properties to Fire Sale

Chen Feng HNA

2018/10/14 by Emma Zhou Leave a Comment

Just days after stories emerged of China’s HNA Group putting some 82 properties on the market, a list of nine overseas properties being offered for sale by the defaulting conglomerate has been obtained by mainland news website, thepaper.cn.

HNA’s latest… Read More>>

Just days after stories emerged of China’s HNA Group putting some 82 properties on the market, a list of nine overseas … Read more>>>

Duan Xiannian Overseas Chinese Town

Overseas Chinese Town Buys Pair of Shenzhen Sites for RMB 4.2B

Duan Xiannian Overseas Chinese Town

2018/10/14 by Emma Zhou Leave a Comment

Hong Kong and Shenzhen-listed real estate developer Overseas Chinese Town Holding has purchased a pair of mixed-use sites in the centre of Shenzhen’s Bao’an district for RMB 4.2 billion ($605 million) at a government land auction on October 10th, according… Read More>>

Hong Kong and Shenzhen-listed real estate developer Overseas Chinese Town Holding has purchased a pair of mixed-use … Read more>>>

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