Another US unicorn appears to be stumbling in the China market, as room-sharing giant Airbnb announces a sudden leadership shift in its mainland unit today. Elsewhere in the headlines, developer Hysan adds yoga spaces to its latest office projects and… Read More>>
Asia Real Estate People in the News 2017-06-05
Asia’s community of real estate professionals heads into June with a US-based shared economy unicorn finding a China chief after a long search, and a Hong Kong-listed developer finding its new boss in the usual place where family run companies… Read More>>
Airbnb Books $100M Investment From CIC for China Expansion
China Investment Corp has clicked Like on a US sharing economy powerhouse with a $100 million investment in Airbnb. The capital commitment by China’s sovereign wealth fund comes as the US room-sharing unicorn is reportedly in talks to buy out… Read More>>
China Closes 100 Golf Courses and More Asia Real Estate Headlines
Being obscenely rich just continues to get tougher in China’s erstwhile party paradise as Beijing has now shut down 100 golf course in the last five years. Also in the headlines today, the mainland real estate market bounced back to… Read More>>
Airbnb Inches Into China and More Asia Real Estate Headlines
Airbnb is determined not to be the latest in a seemingly unending list of US media companies to fail in China. But most of the earlier online gladiators said the same thing just before they entered the arena of no… Read More>>