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$12M Thai Investment Boosts SG Co-Working Startup to $200M Valuation

2017/10/16 by Greg Isaacson Leave a Comment

Singapore-based JustCo has closed on a Series B funding round that brings its valuation to $200 million, making it the most valuable co-working operator in Southeast Asia, after bagging a $12 million investment from Thai developer Sansiri. The new funding… Read More>>

Singapore-based JustCo has closed on a Series B funding round that brings its valuation to $200 million, making it the … Read more>>>

Chae Hun Chang_JLL-tb

JLL Chooses Chae Hun Chang as New Country Head for South Korea

Chae Hun Chang_JLL-tb

2017/10/14 by Michael Cole Leave a Comment

International property consultancy JLL has chosen Chae Hun Chang as the company’s new Country Head for South Korea, according to an announcement late last week by the company.

Chang will be promoted to the lead role effective January 1st, 2018,… Read More>>

International property consultancy JLL has chosen Chae Hun Chang as the company’s new Country Head for South Korea, … Read more>>>

Rushabh Desai

Allianz Sets Up $500M India Office Fund with Shapoorji Pallonji Group

Rushabh Desai

2017/10/14 by Michael Cole Leave a Comment

German financial giant Allianz this week announced that it has partnered with India’s Shapoorji Pallonji Group to establish SPREF II, a Singapore-domiciled, Indian rupee-denominated fund that aims to raise the equivalent of $500 million for real estate investments in India.

… Read More>>

German financial giant Allianz this week announced that it has partnered with India’s Shapoorji Pallonji Group to … Read more>>>

CPPIB Jimmy Phua

CPPIB to Invest $350M in Data Centres with Keppel’s Alpha Investment Partners

CPPIB Jimmy Phua

2017/10/14 by Greg Isaacson Leave a Comment

Tapping into the burgeoning demand for data storage, the Canada Pension Plan Investment Board (CPPIB) is partnering with Singaporean conglomerate Keppel Group to invest $350 million into data centres, with the option to invest a further $150 million.

The commitment… Read More>>

Tapping into the burgeoning demand for data storage, the Canada Pension Plan Investment Board (CPPIB) is partnering with … Read more>>>

685 Third Ave NYC

TH Real Estate, Future Fund Sell NYC Tower to Japan’s Unizo and More Asia Real Estate Headlines

685 Third Ave NYC

2017/10/14 by Michael Cole Leave a Comment

Japan pops to the top of today’s real estate headlines as TH Real Estate and Australia’s Future Fund jointly sell off a Manhattan tower to a Japanese buyer. Also in the news, a Chinese government program to subsidize housing is… Read More>>

Japan pops to the top of today’s real estate headlines as TH Real Estate and Australia’s Future Fund jointly sell off a … Read more>>>

Douglas Woo Wheelock

Wharf Sells Kowloon East Office Project to Mainland Group for $1.2B

Douglas Woo Wheelock

2017/10/12 by Greg Isaacson 1 Comment

Hong Kong’s Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling a waterfront office tower project to mainland developer LVGEM for HK$9 billion ($1.2 billion), in one of the biggest real estate deals in… Read More>>

Hong Kong's Kwun Tong district has chalked up another landmark transaction, with Wheelock subsidiary Wharf Group selling … Read more>>>

yang huiyan country garden2

Country Garden’s Yang Huiyan Helps Boot Wang Jianlin From Top of China Rich List

yang huiyan country garden2

2017/10/12 by Greg Isaacson Leave a Comment

Country Garden’s Yang Huiyan has vaulted onto the top 10 list of China’s richest individuals, while Wanda boss Wang Jianlin was dethroned by Evergrande’s Xu Jiayin for the number one spot, according to the latest annual ranking published by the… Read More>>

Country Garden's Yang Huiyan has vaulted onto the top 10 list of China's richest individuals, while Wanda boss Wang … Read more>>>

Chen Feng HNA

China Sanctions HNA for Related Party Deals and More Asia Real Estate Headlines

Chen Feng HNA

2017/10/12 by Michael Cole Leave a Comment

China’s cross-border investors continue to draw regulatory ire today, as the country’s insurance regulator slaps HNA for using its insurance division as a slush fund. Also in the news, Tujia.com raises a war chest for its own international expansion, and… Read More>>

China’s cross-border investors continue to draw regulatory ire today, as the country’s insurance regulator slaps HNA for … Read more>>>

Vincent Lo Shui On

Shui On Sells 49% Stake in Shanghai KIC Project for $443M

Vincent Lo Shui On

2017/10/11 by Greg Isaacson Leave a Comment

Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in Shanghai for RMB 2.95 billion ($443.1 million), as chairman Vincent Lo continues to bail out the developer’s balance sheet.

Through… Read More>>

Shui On has agreed to sell a 49 percent stake in its mixed-use Knowledge and Innovation Community (KIC) project in … Read more>>>

Banyan Tree

Singapore’s Banyan Tree Plans First Hotel in Singapore and More Asia Real Estate Headlines

Banyan Tree

2017/10/11 by Michael Cole Leave a Comment

Hotels, hospitals and apartments dominate today’s real estate stories from around the region as Singapore’s best-known resort operator decides to open its first resort in its home city, a co-living operator reveals a mainland expansion plan, and a Shenzhen-based developer… Read More>>

Hotels, hospitals and apartments dominate today’s real estate stories from around the region as Singapore’s best-known … Read more>>>

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