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Adam Neumann WeWork

WeWork Aims for $40B Valuation in Talks With Softbank and More Asia Real Estate Headlines

Adam Neumann WeWork

2018/06/14 by Michael Cole Leave a Comment

Any analysts still agog over WeWork’s $20 billion valuation may need to seek professional help if the shared office superstar achieves its goal of a $40 billion valuation as it discusses a new round of funding led by Softbank. Meanwhile,… Read More>>

Any analysts still agog over WeWork’s $20 billion valuation may need to seek professional help if the shared office … Read more>>>

City Leaders Make Plans for Collecting Vacancy Tax and More Hong Kong Real Estate Headlines

2018/06/14 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, more details have surfaced regarding the proposed vacancy tax, as the city considers collecting the fee on occupied homes via an existing tax channel to save a few bucks.

Also in the headlines,… Read More>>

Leading today’s Hong Kong real estate news, more details have surfaced regarding the proposed vacancy tax, as the city … Read more>>>

Chris Heady Blackstone

Blackstone Bags $7.1B for Biggest-Ever Asian Real Estate Fund

Chris Heady Blackstone

2018/06/13 by Greg Isaacson Leave a Comment

US private equity firm Blackstone Group has forged the largest-ever fund dedicated to property investments in Asia by holding a final close on Blackstone Real Estate Partners Asia II (BREP II), at around $7.1 billion of capital commitments.

Blackstone’s second… Read More>>

US private equity firm Blackstone Group has forged the largest-ever fund dedicated to property investments in Asia by … Read more>>>

Ivan Ho KaiLong

Kailong to Convert Eight HK Properties into Chain of Boutique Offices

Ivan Ho KaiLong

2018/06/13 by Shawna Kwan Leave a Comment

Warburg Pincus-backed Kailong has purchased eight properties in Hong Kong over the last year, and now the real estate fund manager is taking a few pages from WeWork’s success story as it plans to redevelop this HK$3.7 billion ($471 million)… Read More>>

Warburg Pincus-backed Kailong has purchased eight properties in Hong Kong over the last year, and now the real estate … Read more>>>

Edmund Cheng Mapletree

Mapletree Said to Put HK$9B Kowloon East Office Tower on the Market

Edmund Cheng Mapletree

2018/06/13 by Shawna Kwan Leave a Comment

Singapore private equity firm Mapletree Investments is said to be putting a HK$9 billion ($1.15 billion) office tower in Kowloon East on the market as Hong Kong’s world-leading office rents continue to provide profit opportunities for institutional investors.

The Temasek… Read More>>

Singapore private equity firm Mapletree Investments is said to be putting a HK$9 billion ($1.15 billion) office tower in … Read more>>>

Kim Sun-joo NPS

Korea’s NPS Awards $550M in Real Estate Mandates and More Asia Real Estate Headlines

Kim Sun-joo NPS

2018/06/13 by Michael Cole Leave a Comment

Some good news for owners of large scale real estate assets leads today’s headlines in Asia, as one of the region’s biggest pension fund managers is directing $550 million in fresh cash toward the property sector. Singapore also makes it… Read More>>

Some good news for owners of large scale real estate assets leads today’s headlines in Asia, as one of the region’s … Read more>>>

Tung Chau Street

HK Ferry Wins Sham Shui Po Project for HK$1B and More Hong Kong Real Estate Headlines

Tung Chau Street

2018/06/13 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, ferry operator Hong Kong Ferry has been awarded the rights to  redevelop a project in Sham Shui Po for HK$1 billion ($131 million) by the city’s Urban Renewal Authority. Also in the headlines,… Read More>>

Leading today’s Hong Kong real estate news, ferry operator Hong Kong Ferry has been awarded the rights to  redevelop a … Read more>>>

Stephen Schwarzman Blackstone

Blackstone, Mapletree Said Bidding on $730M Seoul Office Tower

Stephen Schwarzman Blackstone

2018/06/12 by Greg Isaacson Leave a Comment

While the words Korea and Singapore have dominated the news headlines this week, some of the world’s biggest real estate investors are focusing their gaze on the suddenly less exciting South Korea, where chances of a meaningful sale and purchase… Read More>>

While the words Korea and Singapore have dominated the news headlines this week, some of the world's biggest real estate … Read more>>>

Sino-Ocean, Huarong Rongde Lead $78M Bet on Co-Working Startup Nashwork

2018/06/12 by Greg Isaacson Leave a Comment

Sino-Ocean Capital and Huarong Rongde Asset Management have become the latest Chinese investors to bet on co-working, leading a RMB 500 million ($78 million) financing round in Beijing-based flexible office operator Nashwork.

The fresh investment round, announced on Nashwork’s official… Read More>>

Sino-Ocean Capital and Huarong Rongde Asset Management have become the latest Chinese investors to bet on co-working, … Read more>>>

Hong Kong

Home Prices Paced the World with 15% Rise in Q1 and More Hong Kong Real Estate Headlines

Hong Kong

2018/06/12 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, home prices in the city rose 15 percent in the last quarter year-on-year, the fastest in the world, according to Knight Frank. The real estate firm tracking 57 markets found out that Hong Kong… Read More>>

Leading today’s Hong Kong real estate news, home prices in the city rose 15 percent in the last quarter year-on-year, … Read more>>>

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