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denis ma JLL

First Mortgage Rate Hike in 12 Years Ends Cheap Borrowing Era in Hong Kong

denis ma JLL

2018/08/14 by Emma Zhou Leave a Comment

After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to buy a home saw their days of cheap financing come to an abrupt end this past week as some 13 banks announced… Read More>>

After 12 years of enjoying rock-bottom interest rates, mortgage-holders in the world’s most expensive city in which to … Read more>>>

MyDreamPlus founders Mengfei Wen, Wenlei Li and Xiaolu Wang

Hillhouse, General Atlantic Lead $120M in Funding for WeWork China Challenger

MyDreamPlus founders Mengfei Wen, Wenlei Li and Xiaolu Wang

2018/08/14 by Richard Meyer Leave a Comment

WeWork challenger MyDreamPlus has raised $120 million in a Series C funding exercise involving six investors, including venture capital players Hillhouse Capital Management and General Atlantic.

The C-round was the Beijing-based company’s fourth and largest funding exercise so far, bringing… Read More>>

WeWork challenger MyDreamPlus has raised $120 million in a Series C funding exercise involving six investors, including … Read more>>>

Rohan A'Beckett

Asia Real Estate People in the News 2018-08-14

Rohan A'Beckett

2018/08/14 by Michael Cole Leave a Comment

Among this week’s set of real estate executives grabbing new jobs, the asset management division of a Swiss bank adds a senior member to its Singapore team, while a warehouse developer affiliated with tech billionaire Jack Ma could be tipping… Read More>>

Among this week’s set of real estate executives grabbing new jobs, the asset management division of a Swiss bank adds a … Read more>>>

Chen Feng HNA

HNA Agrees to Sell Radisson Hotel Group to Jin Jiang for Reported $2B

Chen Feng HNA

2018/08/11 by Emma Zhou Leave a Comment

Two years after acquiring the Minnesota-based hotel group now known as Radisson Hospitality, Hainan-based conglomerate HNA has agreed to sell off its interest in the 1,400 venue hotel chain to a consortium led by Shanghai-based Jin Jiang International Holdings, according… Read More>>

Two years after acquiring the Minnesota-based hotel group now known as Radisson Hospitality, Hainan-based conglomerate … Read more>>>

Suyi Kim CPPIB

CPPIB Invests in $500M ESR South Korea Logistics Fund

Suyi Kim CPPIB

2018/08/11 by Richard Meyer Leave a Comment

The Canada Pension Plan Investment Board (CPPIB) announced this week that it is investing in a new $500 million investment fund targeting South Korean logistics assets in cooperation with ESR and its Korean subsidiary, Kendall Square Asset Management.

The deal… Read More>>

The Canada Pension Plan Investment Board (CPPIB) announced this week that it is investing in a new $500 million … Read more>>>

Adam Neumann Wework

WeWork Raises $1B From Softbank and More Asia Real Estate Headlines

Adam Neumann Wework

2018/08/11 by Michael Cole Leave a Comment

Shared office giant WeWork leads the news again today as Japan’s Softbank decides to wager another $1 billion that leasing offices on a retail basis will continue to be a growth industry. Also in the news, a UK sports retailer… Read More>>

Shared office giant WeWork leads the news again today as Japan’s Softbank decides to wager another $1 billion that … Read more>>>

Victor Li CK Asset

CK Asset Wins Tender for HK$38B MTR Project in HK’s Wong Chuk Hang

Victor Li CK Asset

2018/08/09 by Michael Cole Leave a Comment

Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>

Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong … Read more>>>

IKEA India

IKEA Opens First India Store in Hyderabad and More Asia Real Estate Headlines

IKEA India

2018/08/09 by Michael Cole Leave a Comment

India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the country’s biggest landlords unveils a 1.1 million square metre lease just before it launches India’s first REIT with… Read More>>

India looms large in the region’s real estate world today as the subcontinent gets its first IKEA shop, and one of the … Read more>>>

PropEquity's Jasuja

$47B in India Residential Projects Still Stalled Despite Market Rebound

PropEquity's Jasuja

2018/08/09 by Richard Meyer Leave a Comment

An estimated $47 billion worth of housing projects in India are experiencing delays of from two to eight years, according to a report published yesterday by a property research firm. In total, 600 million square feet (56 million square metres)… Read More>>

An estimated $47 billion worth of housing projects in India are experiencing delays of from two to eight years, … Read more>>>

Embassy's Jitu Virwani

Blackstone Boosts Asset Portfolio in Run-Up to $1B India REIT IPO

Embassy's Jitu Virwani

2018/08/08 by Richard Meyer 1 Comment

Blackstone is transferring more investments into India’s first real estate investment trust just ahead of the proposed initial offering. The US investment giant’s local partner in the pioneering real estate deal, Embassy Group, is said to also be tweaking its… Read More>>

Blackstone is transferring more investments into India's first real estate investment trust just ahead of the proposed … Read more>>>

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