Asia real estate and outbound investment news
Kr Space has surrendered its lease in Hong Kong’s Times Square, bringing to a close the mainland co-working startup’s ill-fated venture into the Asian financial hub, according to industry sources who spoke with Mingtiandi.
The Beijing-based operator, which completed a… Read More>>
Adding to the pain of the We Company’s IPO fail in September, the parent firm of shared workspace provider WeWork revealed in an investor presentation this week that its losses reached $1.25 billion in the third quarter of this year.
WeWork has backed out of an agreement to occupy space in Hong Kong’s Hopewell Centre even before it got a chance to move in, according to sources familiar with the decision who spoke with Mingtiandi.
The troubled co-working pioneer is… Read More>>
Mainland co-working operator Ucommune is said to have filed for an initial public offering with the US securities regulator and is targeting a public listing before the end of the year, according to media reports.
The Beijing-based shared office unicorn,… Read More>>
WeWork has proven to be a game-changing business – at least for deposed CEO Adam Neumann.
Under the terms of a bailout package put together by Softbank, the WeWork founder will be receiving around $1.7 billion in compensation in return… Read More>>
Weeks after the failure of what had been expected to one of 2019’s biggest initial public offerings, WeWork is reported to be scrambling for a multi-billion dollar bailout package as media reports indicate the office sharing giant could run out… Read More>>
WeWork’s planned IPO won’t work, appears to be the decision of the shared office giant’s new leadership, which announced late Monday that the We Company was withdrawing its application for an initial public offering.
“We have decided to postpone our… Read More>>
News reports this week indicate that the We Company, the parent of co-working giant WeWork has postponed its planned IPO until at least next month.
The following survey seeks the opinions of Mingtiandi readers on the prospects for the We… Read More>>
The owners of WeWork have decided to push forward with an IPO roadshow starting this coming week, according to media reports, but that sale may be at a valuation as much as 79 percent below what shares in the company… Read More>>
The ‘rough and ready’ coworking space is making way for a premium product underpinned by smart space design, superior amenities and state-of-the-art technology, according to Yardi’s vice president of International, Neal Gemassmer.
“What began as a small percentage of… Read More>>
