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Jason Leow CapitaLand

CapitaLand Divests Stake in Indian Mall Portfolio for $54M

Jason Leow CapitaLand

2018/01/02 by Shawna Kwan Leave a Comment

CapitaLand is selling its stake in six malls and a 50 percent share of a mall management company in India for $53.8 million, according to a statement released Friday. The Singaporean property giant is selling off its share of the… Read More>>

CapitaLand is selling its stake in six malls and a 50 percent share of a mall management company in India for $53.8 … Read more>>>

CK Lau JLL

JLL Names CK Lau Head of Valuations for Asia in Reshuffle

CK Lau JLL

2018/01/02 by Shawna Kwan Leave a Comment

JLL announced personnel changes to its Greater China valuation business on the first day of 2018, in a bid to better serve the needs of clients and the firm, the property consultancy said in a press release. The change comes… Read More>>

JLL announced personnel changes to its Greater China valuation business on the first day of 2018, in a bid to better … Read more>>>

UrWork ucommune

URWork Rebrands as Ucommune After WeWork Spat and More Asia Real Estate Headlines

UrWork ucommune

2018/01/02 by Michael Cole Leave a Comment

At the top of the news today, China’s biggest co-working operator decided to start the new year out with a new name after tangling with its North American rival over pronouns and trademarks. South Korea investors also show up with… Read More>>

At the top of the news today, China’s biggest co-working operator decided to start the new year out with a new name … Read more>>>

Metro Tower Seoul

Anbang Unit Buys Seoul Tower From Angelo, Gordon for $225M

Metro Tower Seoul

2018/01/01 by Michael Cole Leave a Comment

An investment fund backed by Anbang Insurance’s Korean subsidiary has purchased the Metro Tower in Seoul from real estate fund manager Angelo, Gordon and Company and local partner Vestas Investment Management, according to accounts in the Korean media.

The fund… Read More>>

An investment fund backed by Anbang Insurance’s Korean subsidiary has purchased the Metro Tower in Seoul from real … Read more>>>

Wang Jianlin

Wanda Said Cutting Internet Staff From 6000 to 300 and More Asia Real Estate Headlines

Wang Jianlin

2018/01/01 by Michael Cole Leave a Comment

Mainland authorities got attention this year for pushing back against Christmas celebrations on the mainland, and it looks like Santa may have taken this badly after the stockings full of coal that some of China’s best-known firms received over the… Read More>>

Mainland authorities got attention this year for pushing back against Christmas celebrations on the mainland, and it … Read more>>>

Yan Liang

Asia Real Estate People in the News 2018-01-01

Yan Liang

2018/01/01 by Michael Cole Leave a Comment

The new year has dawned and at least a few of the region’s real estate executives will be starting 2018 at new desks as we browse through the list of who took on a new role this week. We start… Read More>>

The new year has dawned and at least a few of the region’s real estate executives will be starting 2018 at new desks as … Read more>>>

payson cha ming sou

PAG, Hanison Sell Hong Kong Workshop to Tang Shing-bor for HK$1.04B

payson cha ming sou

2017/12/29 by Channing Huang Leave a Comment

Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to revitalise old industrial buildings for non-industrial use, but the city’s real estate investors have already begun buying up aging workshops and warehouses… Read More>>

Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to … Read more>>>

Mainland Demand Drove Hong Kong Office Rents Still Higher in November

2017/12/28 by Channing Huang Leave a Comment

Grade A office rents in Hong Kong’s Central district continued to rise in November, edging upwards by 0.3 percent compared to the previous month, despite a slight increase in vacancy in the city’s prime business district, according to a recently… Read More>>

Grade A office rents in Hong Kong's Central district continued to rise in November, edging upwards by 0.3 percent … Read more>>>

URWork Mao Daqing

Mainland Co-Working Startup URWork Raises $45M in Series C Cash at $1.3B Valuation

URWork Mao Daqing

2017/12/26 by Michael Cole 3 Comments

Beijing-based URWork has raised RMB 300 million ($46 million) from a trio of mainland investment firms in a series C funding round that values the mainland co-working provider at RMB 9 billion ($1.3 billion), according to a recent announcement by… Read More>>

Beijing-based URWork has raised RMB 300 million ($46 million) from a trio of mainland investment firms in a series C … Read more>>>

Keppel Land CEO Ang Wee Gee

Keppel Land Buys Wuxi Site for RMB 2.5B With Plans to Build 2,755 Homes

Keppel Land CEO Ang Wee Gee

2017/12/26 by Channing Huang Leave a Comment

Singapore’s Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) via a government land tender, the company announced on Monday.

Approved for development of a gross floor area of about 360,500 square… Read More>>

Singapore's Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) … Read more>>>

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