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Kr Space Raises $92M for China Co-Working Expansion

2018/01/13 by Shawna Kwan 1 Comment

Chinese co-working startup Kr Space has completed a new RMB 600 million ($92 million) financing round to accelerate its expansion in China’s top-tier cities, bringing its total funds raised to RMB 1.1 billion ($170 million), the company announced.

The capital… Read More>>

Chinese co-working startup Kr Space has completed a new RMB 600 million ($92 million) financing round to accelerate its … Read more>>>

Andrew Slevin Takes Charge as CEO of Global Valuation Firm John Foord

2018/01/13 by Greg Isaacson Leave a Comment

Seasoned valuer Andrew Slevin has taken the reins as Chief Executive Officer of John Foord, a global valuation and appraisal practice, based in Singapore. In the newly created role, Slevin will be responsible for managing John Foord’s business across all… Read More>>

Seasoned valuer Andrew Slevin has taken the reins as Chief Executive Officer of John Foord, a global valuation and … Read more>>>

Vanke Opens Senior Care Project in Beijing and More Asia Real Estate Headlines

2018/01/12 by Greg Isaacson Leave a Comment

China Vanke leads today’s news roundup, as the top-three mainland homebuilder continues to branch out into commercial real estate by opening a new, 100-bed senior care facility in Beijing. The country’s largest commercial property builder is also in the headlines,… Read More>>

China Vanke leads today's news roundup, as the top-three mainland homebuilder continues to branch out into commercial … Read more>>>

Kowloon East Housing Site Draws 10 Bids and More Hong Kong Real Estate Headlines

2018/01/12 by Channing Huang Leave a Comment

Leading today’s Hong Kong news roundup, a coveted residential plot in Kowloon Tong has drawn ten bids, and is expected to sell for anywhere from HK$10 billion ($1.28 billion) to HK$16.6 billion ($2.12 billion) — making it the most expensive… Read More>>

Leading today's Hong Kong news roundup, a coveted residential plot in Kowloon Tong has drawn ten bids, and is expected … Read more>>>

Stephen-A.-Schwarzman

Blackstone Said Buying Maui Resort From Singapore’s GIC for $1.1B

Stephen-A.-Schwarzman

2018/01/11 by Greg Isaacson Leave a Comment

Singapore’s GIC is said to be selling a Waldorf Astoria-branded resort in Hawaii to Blackstone Group for $1.1 billion, marking the second-biggest sale of a single hotel in US history.

The sovereign wealth fund has reportedly reached an agreement with… Read More>>

Singapore's GIC is said to be selling a Waldorf Astoria-branded resort in Hawaii to Blackstone Group for $1.1 billion, … Read more>>>

Lina Wong Colliers Shanghai

Lina Wong Out as Colliers Shifts to New Leadership in Shanghai

Lina Wong Colliers Shanghai

2018/01/11 by Michael Cole Leave a Comment

Lina Wong, long-time head of Colliers International’s Shanghai office, left the company this week as the international property consultancy continues to reshape its Asia operations.

In a message to Colliers’ staff in China seen by Mingtiandi, the company’s APAC CEO… Read More>>

Lina Wong, long-time head of Colliers International’s Shanghai office, left the company this week as the international … Read more>>>

Two Harbour Square

Naked Hub Leases Two Floors From SHK for Kowloon East Centre

Two Harbour Square

2018/01/11 by Shawna Kwan Leave a Comment

Naked Hub has leased two floors in Sun Hung Kai Properties’ Two Harbour Square in Kowloon East for its third centre in Hong Kong. The Shanghai-based co-working operator is now set to occupy the office tower’s top two floors covering… Read More>>

Naked Hub has leased two floors in Sun Hung Kai Properties’ Two Harbour Square in Kowloon East for its third centre in … Read more>>>

Singapore Could See 10% Home Price Boom and More Asia Real Estate Headlines

2018/01/11 by Greg Isaacson Leave a Comment

Leading today’s Asia news roundup, Credit Suisse and Morgan Stanley project that Singapore home prices could rise by as much as eight or ten percent in 2018, as the city-state rebounds from a nearly four-year housing slump. Also in the… Read More>>

Leading today's Asia news roundup, Credit Suisse and Morgan Stanley project that Singapore home prices could rise by as … Read more>>>

Tian Ming Landsea

Ping An Teams Up with Landsea for $1.5B China Rental Housing Fund

Tian Ming Landsea

2018/01/11 by Shawna Kwan Leave a Comment

China’s Ping An Insurance Group and Landsea Group have become the latest mainland investors to wager on the country’s emerging rental housing market, as steep home prices in major cities fuel enthusiasm for the asset class.

Ping An Real Estate,… Read More>>

China's Ping An Insurance Group and Landsea Group have become the latest mainland investors to wager on the country's … Read more>>>

Yang Guoqiang Country Garden

Country Garden and Longfor Raise $1.7B in Offshore Bonds

Yang Guoqiang Country Garden

2018/01/11 by Shawna Kwan Leave a Comment

Country Garden, China’s biggest developer by contracted sales, announced on Tuesday it would raise a combined $850 million through the issue of senior notes in two tranches. The move came just one day after fellow top-ten developer Longfor Properties announced… Read More>>

Country Garden, China’s biggest developer by contracted sales, announced on Tuesday it would raise a combined $850 … Read more>>>

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