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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>>>

Xing Bian Li

Ant Financial Backs Staffless Store Chain Xingbianli and More Asia Real Estate Headlines

Xing Bian Li

2018/06/12 by Greg Isaacson Leave a Comment

At the top of today’s roundup, automated retail is all the rage in China, with a startup that operates checkout-free convenience stores and snack shelves bagging a new investment round led by Alibaba affiliate Ant Financial. Co-working is also in… Read More>>

At the top of today's roundup, automated retail is all the rage in China, with a startup that operates checkout-free … Read more>>>

Guo Zi Wen Aoyuan

Aoyuan Buys Kwai Chung Industrial Building From Laws Group for $121M

Guo Zi Wen Aoyuan

2018/06/12 by Shawna Kwan Leave a Comment

Guangzhou-based China Aoyuan Property Group is expanding its portfolio in Hong Kong by snapping up an industrial building in the New Territories logistics hub of Kwai Chung for HK$950 million ($121 million).

The mid-sized mainland developer is buying the 12-storey… Read More>>

Guangzhou-based China Aoyuan Property Group is expanding its portfolio in Hong Kong by snapping up an industrial … Read more>>>

China Oceanwide Gets US Green Light for $3.8B Genworth Deal

2018/06/11 by Greg Isaacson Leave a Comment

The US federal government has given the green light for Beijing-based real estate investor China Oceanwide Holdings Group to take over American insurer Genworth Financial, nearly 20 months after the $3.8 billion deal was first announced.

The approval by the… Read More>>

The US federal government has given the green light for Beijing-based real estate investor China Oceanwide Holdings … Read more>>>

Diwan-Amit Hines

Hines India’s Stake in Gurgaon Office Tower Could Fetch $175M

Diwan-Amit Hines

2018/06/11 by Greg Isaacson Leave a Comment

Global real state developer Hines plans to sell its 50 percent stake in its first project in India, a premium commercial tower outside of New Delhi, in a deal estimated to fetch around 11.8 billion rupees ($175 million).

A Hines… Read More>>

Global real state developer Hines plans to sell its 50 percent stake in its first project in India, a premium commercial … Read more>>>

Pollyanna Chu

Swire Closes on HK$6.5B Sale of Kowloon East Office Project to Pollyanna Chu

Pollyanna Chu

2018/06/11 by Shawna Kwan Leave a Comment

Almost two years after agreeing to sell a Kowloon East office project to one of Hong Kong’s richest women, Swire Properties last week finally completed the 25-storey tower and closed the HK$6.5 billion deal.

The blue-chip developer announced to the… Read More>>

Almost two years after agreeing to sell a Kowloon East office project to one of Hong Kong’s richest women, Swire … Read more>>>

Asia Real Estate People in the News 2018-06-11

2018/06/11 by Greg Isaacson Leave a Comment

Intercontinental moves dominate this week’s roundup of people news, with a real estate investment specialist leaping from London to Hong Kong to take on a new challenge, and a Vietnam-based agency veteran decamping for the UK. A Chinese co-working provider… Read More>>

Intercontinental moves dominate this week's roundup of people news, with a real estate investment specialist leaping … Read more>>>

Victor Li CK

Redevelopment of CK Asset’s Hutchison House in HK Could Bring $4B Valuation

Victor Li CK

2018/06/10 by Shawna Kwan Leave a Comment

CK Asset Holdings is said to be planning the redevelopment of Hutchison House in Hong Kong’s Central district, an effort that could quadruple the 44-year-old office tower’s valuation to as much as HK$32 billion.

The property arm of the CK… Read More>>

CK Asset Holdings is said to be planning the redevelopment of Hutchison House in Hong Kong’s Central district, an effort … Read more>>>

Chen Feng HNA

HNA Sells Stake in Spain’s NH Hotels for $723M, Bringing 2018 Fire Sale to $14.5B

Chen Feng HNA

2018/06/10 by Greg Isaacson Leave a Comment

Embattled Chinese conglomerate HNA Group is shedding its stake in European hotelier NH Hotel Group, in the latest move by the debt-strapped firm to downsize its trove of overseas assets and raise badly needed cash.

HNA is selling the 25.2… Read More>>

Embattled Chinese conglomerate HNA Group is shedding its stake in European hotelier NH Hotel Group, in the latest move … Read more>>>

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