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Daisy Qiu She Power

Ucommune Merges with Rival Workingdom, Invests $1.5M in She Power

Daisy Qiu She Power

2018/05/08 by Greg Isaacson Leave a Comment

Chinese flexible office operator Ucommune has announced a strategic merger with Shanghai-based rival Workingdom, marking the fourth such tie-up by the fast-growing startup this year.

Ucommune said last week it had agreed to invest in and merge with Workingdom, which… Read More>>

Chinese flexible office operator Ucommune has announced a strategic merger with Shanghai-based rival Workingdom, marking … Read more>>>

Huang Qisen Tahoe

Developer Tahoe Group Sets Up $3.1B Real Estate M&A Fund

Huang Qisen Tahoe

2018/05/08 by Shawna Kwan Leave a Comment

Fuzhou, China-based developer Tahoe Group is setting up a RMB 20 billion ($3.1 billion) mergers and acquisitions fund for real estate investments.

The Shenzhen-listed firm, the real estate arm of conglomerate Tahoe Investment Group, announced last week that it would… Read More>>

Fuzhou, China-based developer Tahoe Group is setting up a RMB 20 billion ($3.1 billion) mergers and acquisitions fund … Read more>>>

Lim Ming Yan CapitaLand

CapitaLand Opens First Mainland Co-Working Space in Shanghai

Lim Ming Yan CapitaLand

2018/05/08 by Shawna Kwan Leave a Comment

Singapore’s biggest commercial developer CapitaLand has launched its first co-working space in China with the opening of C3 (“C Cube”) in Shanghai, the company announced.

Located in CapitaLand’s Innov Center office project in Yangpu district, the shared office centre covers… Read More>>

Singapore’s biggest commercial developer CapitaLand has launched its first co-working space in China with the opening of … Read more>>>

LHart Causeway Bay

Hugo Lam Puts Causeway Bay Tower on the Market and More Hong Kong Real Estate Headlines

LHart Causeway Bay

2018/05/08 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, property flipping aficionado Hugo Lam has decided that 2018 is prime time to start marketing a ginza-style building in Causeway Bay for HK$1.3 billion, less than a year after purchasing it for HK$965… Read More>>

Leading today’s Hong Kong real estate news, property flipping aficionado Hugo Lam has decided that 2018 is prime time to … Read more>>>

Richard Liu JD.com

JD.com Bags $115M Stake in China Logistics Property and More Asia Real Estate Headlines

Richard Liu JD.com

2018/05/08 by Greg Isaacson Leave a Comment

Leading today’s roundup, e-commerce giant JD.com is ramping up its logistics investments by bagging a 10 percent stake in China’s second-largest warehouse developer. The residential arm of Vietnam’s Vingroup is believed to have raised about $1.35 billion in its initial… Read More>>

Leading today's roundup, e-commerce giant JD.com is ramping up its logistics investments by bagging a 10 percent stake … Read more>>>

GIC Picks Up $150M Stake in Godrej Properties, Boosting India Bet

2018/05/07 by Greg Isaacson Leave a Comment

GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign wealth fund buying a stake in Mumbai-based developer Godrej Properties Ltd for about Rs 1,000 crore ($150 million).

Godrej Properties said… Read More>>

GIC is ramping up its exposure to Indian real estate, with an investment firm managed by the Singaporean sovereign … Read more>>>

Keppel DC REIT Buys Singapore Data Centre for $221M

2018/05/07 by Shawna Kwan Leave a Comment

Singapore-listed Keppel DC REIT has entered a deal to buy a data centre in the city-state for S$295 million ($221 million), as Singapore’s thriving market for outsourced data storage posts 13 percent annual revenue growth.

Keppel DC REIT, a dedicated… Read More>>

Singapore-listed Keppel DC REIT has entered a deal to buy a data centre in the city-state for S$295 million ($221 … Read more>>>

Asia Real Estate People in the News 2018-05-07

2018/05/07 by Greg Isaacson Leave a Comment

Leading today’s roundup of people moves, a top sales executive at Hong Kong’s New World Development is hanging up his hat and a Savills Singapore veteran is starting up his own advisory firm. A construction specialist is jumping from Macau… Read More>>

Leading today's roundup of people moves, a top sales executive at Hong Kong's New World Development is hanging up his … Read more>>>

Xu Jiayin Evergrande

Evergrande Finds New Funding With Approval of $1.6B in Rental Housing-Backed ABS

Xu Jiayin Evergrande

2018/05/07 by Shawna Kwan Leave a Comment

China’s second-biggest developer by sales is making its first foray into the country’s rental housing market, as the Shanghai Stock Exchange gives the green light for China Evergrande to issue RMB 10 billion ($1.6 billion) worth of asset-backed securities linked… Read More>>

China's second-biggest developer by sales is making its first foray into the country's rental housing market, as the … Read more>>>

Goodwin Gaw

Gaw Capital Announces $412M Close of Third US Value-Add Fund

Goodwin Gaw

2018/05/06 by Greg Isaacson Leave a Comment

Gaw Capital has closed its third US value-add real estate fund with total commitments reaching a hard cap size of $412 million, the Hong Kong-based private equity shop announced. The Gaw Capital US Fund III will mainly target real estate… Read More>>

Gaw Capital has closed its third US value-add real estate fund with total commitments reaching a hard cap size of $412 … Read more>>>

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