Chinese video-sharing service TikTok agreed to lease 4,800 square metres (51,667 square feet) in the tallest office tower in Sydney during the first quarter of 2022, as tenants across Australia upgrade to premium spaces amid a struggle to attract staff… Read More>>
Founder of Bain-Backed Chindata Leaves Data Centre Platform One Year After IPO
The world’s hottest real estate asset class has scorched institutional investors including Bain Capital, BlackRock and CPPIB as Chindata Group announced late Friday the departure of founder and chief executive Alex Ju Jing, with the Asian data centre platform’s stock… Read More>>
ByteDance Buys 20% Stake in Real Estate Brokerage and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, TikTok maker ByteDance buys into a Beijing-based real estate brokerage, a Singapore-listed REIT picks up three office assets in the western US, and Sydney-based AirTrunk opens its first data centre in the Tokyo… Read More>>
Asia Real Estate People in the News 2021-11-22
Fun and games lead this week’s roundup of personnel moves from around Asia Pacific, with the owner of a chain of mainland China water parks promoting its chief executive. Also making the list this week are board-level moves at Banyan… Read More>>
TikTok Owner ByteDance Buys 4 Buildings at Tishman Speyer Shanghai Project
Chinese tech company ByteDance has closed a deal to acquire and lease a combined 2.55 million square feet (236,903 square metres) of office and retail space at Tishman Speyer’s The Springs mixed-use megaproject in Shanghai.
The maker of video app… Read More>>
TikTok Leases London Building Despite Tech Spat and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, social media sensation TikTok sweeps aside diplomatic frictions and signs a 15-year lease in London, China vows to solve the housing problem plaguing the country’s biggest cities, and JP Morgan analysts foresee a… Read More>>
Son of Former Changi Boss Charged in Maid Case and More Asia Real Estate Headlines
The saga of a now-retired Changi Airport boss, his bankrupt son and the family’s domestic helper has entered a new chapter as a Singapore court charges the Karl Liew with having made false accusations against Indonesian Parti Liyani.
Also in… Read More>>
Henderson Land Buys Four Seasons Oahu Resort and More Asia Real Estate Headlines
The overseas adventures of some of Asia’s largest real estate companies lead Mingtiandi’s headline roundup today, with Henderson Land taking sole possession of a beachfront hotel in Hawaii.
One of China Vanke’s biggest US deals has turned into something… Read More>>
TikTok Owner Bytedance Expands in Singapore and More Asia Real Estate Headlines
Singapore office landlords received some good news today as China’s Bytedance follows through on earlier talk of expanding its presence in the city-state with three-storey lease near Raffles Place.
While the maker of TikTok is enlarging its office footprint, Singapore’s… Read More>>
Changi Chairman Steps Down in Maid Abuse Scandal and More Asia Real Estate Headlines
A modern rendition of Shakespeare in Singapore reached a new stage this week when a prince of the Temasek realm finally relinquished his titles as an investigation progresses into possible false theft complaints against a domestic servant, with both Changi… Read More>>