…of Technology, Huo worked as a senior leasing manager for office developer Soho China for eight months before joining WeWork in 2016. Prior to this, she spent seven years with serviced office operator Apollo Business Centre in various roles including area sales manager. Cindy Chan has joined JLL in Hong Kong as a facilities manager for the company’s JP Morgan account after parting ways with WeWork. Chan’s move follows four years in the flexible of…
Search Results for: soho
Founder of Shanghai Zendai Group Surrenders to Police in P2P Probe
…stake to Guo Guangchang’s Fosun, and later made a controversial deal with Soho China to sell its remaining stake in the project. In late 2013, Zendai unveiled plans to transform Modderfontein – a suburb in eastern Johannesburg, South Africa – into the “New York of Africa”, making it one of the earliest domestic developers to embark on a “go-global” strategy. After leaving the real estate industry behind in 2015, Dai singled out culture, financial…
Asia Real Estate People in the News 2020-01-20
…with JLL. Eric Wu has rejoined the team at Cushman & Wakefield in Chongqing as a Senior Manager with the project management team in the largest city in southwest China. Wu re-enlisted with the property brokerage after just eight months with Beijing-based commercial developer Soho China in the city. The Chongqing Technology and Business University graduate had earlier spent nearly three years with C&W as a manager in the same department. If you kno…
Allianz Real Estate Grew Asia Pacific Assets 83% in 2019 to €5.5B
…d China and Alpha Investment Partners in their $525 million acquisition of Soho Hongkou in Shanghai. Rushabh Desai, Allianz’ CEO Asia Pacific, said the firm is confident in Asia Pacific’s growth potential More recently the company has been forming its own joint ventures or originating deals independently, including marking its entry into the Japanese market last October with the $1.1 billion purchase of a portfolio of multifamily assets from Black…
Blackstone Completes €66M European Shed Deal and More Asia Real Estate Headlines
…urhood known for some of the city’s best restaurants and nightlife. In the SoHo area frequented by expat bankers and lawyers, the crowds were unusually thin. Hong Kong’s sprawling drinking and dining scene has long been a cornerstone of life in the financial hub, where apartments are so tiny that hosting friends at home is often unfeasible. But after nearly nine months of turmoil — first caused by anti-government protests and now by the coronaviru…
Casino Heir Buys Office in Central for HK$73.8M and More Hong Kong Real Estate Headlines
…led to open in the last quarter of 2019. Read More>> Building in Central’s SOHO Sells for HK$60M Local company China Hotels and Residences acquired a 2,471 square foot residential building at 16 Elgin Street in Central for HK$45 million, or HK$18,211 per square foot, according to a local report last Friday. Corporate investor Weina Development Limited sold the property, which includes retail space on the ground floor, after buying up a set of unit…
Asia Real Estate People in the News 2020-06-22
…s ago. Before that, she spent eight months as a Senior Leasing Manager for SOHO China and seven years with Apollo Business Center, also in Shanghai. Colliers International has promoted Cassius Taylor-Smith to Chief Marketing Officer for its EMEA operations, based in London, effective July 1. Currently in Singapore, Taylor-Smith joined Colliers in Hong Kong during 2016 as Executive Director & Head of Marketing & Communications for Asia, working on…
GLP Hires Former Blackstone China Real Estate Boss Tim Wang
…ainland deal of 2020, a proposed $4 billion buyout of commercial developer Soho China, was called off in August as it apparently fell victim to the COVID-19 pandemic, which readjusted values for real estate assets around the region. Before joining Blackstone in 2010, Wang was a director in the real estate principal investment group at Merrill Lynch in China from 2007. Wang has a bachelor’s degree in economics from Zhejiang University in Hangzhou a…
Swiss Bank Joins Exodus From Hong Kong’s Central and More Asia Real Estate Headlines
…right now. Rents in one of the world’s most expensive real estate markets dropped to HK$33.60 ($4.32) per square foot in the first quarter, the lowest since the end of 2016, data from Centaline Property Agency shows. So a typical two-bedroom apartment in Soho now rents for about $3,500 a month, down from $4,200 two years ago, according to Spacious.hk online rentals. Read more>> Tune in again soon for more real estate news and be sure to follow @M…
China Dominates APAC Property Investment With $12.4B in Q2 Deals
…$1.4 billion and GLP’s purchase of blocks C and D at the ZT International Center in the capital from developer Zhaotai Group for $523 million. Looking ahead, funds managed by US private equity giant Blackstone have agreed to pay $3 billion for developer Soho China, which owns seven prime commercial assets in Beijing and Shanghai, while mainland insurer Ping An is seeking to acquire majority stakes in six mixed-use Raffles City projects from Singap…