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IDG Capital Invests $15M in China Co-Working Startup Kr Space

2017/09/07 by Greg Isaacson Leave a Comment

China’s burgeoning shared office market has received another injection of cash with Beijing-based co-working startup Kr Space completing a new RMB 100 million ($15 million) investment led by existing backer IDG Capital Partners.

The new financing brings the total raised… Read More>>

China's burgeoning shared office market has received another injection of cash with Beijing-based co-working startup Kr … Read more>>>

HNA Chen Feng

Allianz Said to Have Rejected Buyout Offers From HNA, Anbang and More Asia Real Estate Headlines

HNA Chen Feng

2017/09/07 by Michael Cole Leave a Comment

China’s troubled conglomerates dominate the headlines today as HNA, Anbang and Wanda continue to face a cascade of financial and regulatory issues. Both HNA and Anbang are said to have been shooed away from bids for Germany insurer Allianz, while… Read More>>

China’s troubled conglomerates dominate the headlines today as HNA, Anbang and Wanda continue to face a cascade of … Read more>>>

CapitaLand Fund Invests $55M in Indonesia in SE Asia Growth Drive

2017/09/06 by Greg Isaacson Leave a Comment

Singapore’s CapitaLand is boosting its portfolio in Indonesia by picking up a serviced residence project in downtown Jakarta for S$74.3 million ($55 million), as part of the developer’s growth drive across southeast Asia.

CapitaLand unit The Ascott Limited is acquiring… Read More>>

Singapore's CapitaLand is boosting its portfolio in Indonesia by picking up a serviced residence project in downtown … Read more>>>

payson cha ming sou

HKRI Selling Sheung Wan Office Space for Record $96M

payson cha ming sou

2017/09/06 by Greg Isaacson Leave a Comment

Developer Hong Kong Resorts International (HKRI) has sold the entire 22nd floor of China Merchants Tower in Hong Kong’s Shun Tak Centre for HK$750 million ($95.9 million). The transaction, which values the office space at nearly HK$31,000 ($3,962) per square… Read More>>

Developer Hong Kong Resorts International (HKRI) has sold the entire 22nd floor of China Merchants Tower in Hong Kong's … Read more>>>

Hudson Yards

Mitsui Fudosan Takes 90% Stake in $3.8B Hudson Yards Tower and More Asia Real Estate Headlines

Hudson Yards

2017/09/06 by Michael Cole Leave a Comment

The Japanese are buying up New York again, or at least they’re taking a stake in Related’s $18 billion Hudson Yards project. Also in the news today, more than 1,000 customers showed up to make an offer on a HK$6… Read More>>

The Japanese are buying up New York again, or at least they’re taking a stake in Related’s $18 billion Hudson Yards … Read more>>>

Shen Hua Bank of China

Bank of China Unit Bets $396M on Pets and Co-Working in Hong Kong

Shen Hua Bank of China

2017/09/05 by Greg Isaacson Leave a Comment

A unit of Bank of China is taking a bite out of Hong Kong’s commercial property sector, as it picks up three buildings for a total of HK$3.1 billion (US$396 million), including a co-working facility in Kwun Tong and a… Read More>>

A unit of Bank of China is taking a bite out of Hong Kong's commercial property sector, as it picks up three buildings … Read more>>>

Yu Liang China Vanke

Vanke, China Resources Buy New Shanghai Sites as City Sells $2B in Land

Yu Liang China Vanke

2017/09/05 by Greg Isaacson Leave a Comment

The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as the city seeks to boost new apartment supply to bring relief to its housing-hungry population.

The nearly two billion dollar… Read More>>

The suburbs of Shanghai saw nearly RMB 13.05 billion ($1.99 billion) of residential land change hands this past week, as … Read more>>>

Shanghai Tower

Shanghai Tower May Be World’s Tallest White Elephant and More Asia Real Estate News

Shanghai Tower

2017/09/05 by Michael Cole Leave a Comment

The mainland’s tallest building is proving to be one of its hardest to fill as Shanghai’s giant corkscrew gets some media attention for its leasing struggles. Also in the headlines today, nearly all of China’s new mortgages went to first-time… Read More>>

The mainland’s tallest building is proving to be one of its hardest to fill as Shanghai’s giant corkscrew gets some … Read more>>>

Joe Gagnon Warburg

Warburg Pincus Invests $183M in China Rental Apartment Platform

Joe Gagnon Warburg

2017/09/05 by Greg Isaacson Leave a Comment

Warburg Pincus is betting on China’s rental housing market by redoubling its investment in a rental residence platform it co-founded, Shanghai-based Nova Property Investment. An affiliate of the global private equity giant is committing $183 million to Nova, aimed at… Read More>>

Warburg Pincus is betting on China's rental housing market by redoubling its investment in a rental residence platform … Read more>>>

Hong Kong’s Central Bank Orders Health Check for HNA, Wanda Finances

2017/09/04 by Greg Isaacson Leave a Comment

The Hong Kong Monetary Authority, the city’s de facto central bank, is said to be reviewing lending to HNA Group and Dalian Wanda Group as pressure mounts on the debt-strapped mainland conglomerates.

Banks were required last week to provide information… Read More>>

The Hong Kong Monetary Authority, the city's de facto central bank, is said to be reviewing lending to HNA Group and … Read more>>>

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