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Patrick Tsang

Co-Working Operator Flexi to Go Public in $205M SPAC Deal With Tsangs Group

2022/12/07 by Christopher Caillavet Leave a Comment

Less than a week after announcing its consolidation of three APAC-focused co-working operators, Flexi Group on Monday revealed plans to go public in the US through a merger with a special purpose acquisition company.

Flexi is combining with NASDAQ-listed TG… Read More>>

Chris Edwards Flexigroup

Trio of APAC Co-Working Operators Merged as Industry Consolidates

2022/11/29 by Christopher Caillavet Leave a Comment

An APAC player is having a go at building a WeWork-style empire, with newcomer Flexi Group announcing its consolidation of three regional operators to create what it bills as Asia Pacific’s largest operator of flexible workspaces.

The startup led by… Read More>>

Serena Teo Ascott

Ascott Residence Trust to Buy 9 Overseas Assets and More Asia Real Estate Headlines

2022/08/16 by Proud Channara Leave a Comment

CapitaLand-managed Ascott Residence Trust is continuing to diversify beyond hospitality assets with news of its latest acquisition leading today’s collection of property headlines. Also in the news, China’s central government is taking further steps to prop up a select group… Read More>>

dominic penaloza

Former WeWork Exec Launches APAC Real Estate Tech Studio

2020/11/18 by Elizabeth Kerr Leave a Comment

The real estate sector got a push out of its tech lethargy on 16 November when former WeWork China head of innovation and technology, Dominic Penaloza, unveiled technology development studio REinvent, an incubator catering to the needs of the real… Read More>>

Mark Dixon IWG

IWG to Open Causeway Bay Centre as Regus Parent Plunders WeWork Spoils

2020/06/03 by James Hatton Leave a Comment

The parent company of Regus has helped itself to a space in Hong Kong vacated by rival WeWork, as the balance of power shifts within the flexible office universe.

IWG, which owns Regus and four other flexible office brands, confirmed… Read More>>

Luckin Coffee

Goldman Seizes Luckin Shares after $518M Default and More Asia Real Estate Headlines

2020/04/07 by James Hatton Leave a Comment

Coffee leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US investment bank is seizing shares in a scandal-hit coffee chain after the company’s chairman defaulted on a $518 million loan.

In… Read More>>

son neumann

SoftBank Abandons $3B WeWork Share Buyout 

2020/04/04 by James Hatton Leave a Comment

Softbank has withdrawn its proposal to buy $3 billion in WeWork shares, following through on a letter to investors sent last month threatening a U-turn on the deal which gave it control of the troubled co-working pioneer.

The Japanese investment… Read More>>

national-storage

Public Storage Backs Out of Aussie REIT Buyout and More Asia Real Estate Headlines

2020/03/18 by James Hatton Leave a Comment

A binned self-storage deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the highest bidder for an Australian REIT is said to have backed out of the deal, citing market conditions, having… Read More>>

Sandeep Mathrani

WeWork Names Former Brookfield Exec as New CEO

2020/02/02 by Michael Cole Leave a Comment

Shared office provider WeWork has found a new chief executive as the financially challenged company takes another step in its struggle for profitability.

Brookfield Properties executive Sandeep Mathrani will join the New York-based firm as CEO on 18 February, according… Read More>>

Daito Trust Will Invest a Combined US$74 million in JustCo and in a New Japan Joint Venture Sponsored Feature

2019/12/16 by Mingtiandi Team Leave a Comment

Daito Trust Construction Co., Ltd (“Daito Trust”), a listed construction and real estate company in Japan will invest a US$50 million in JustCo Holdings Pte. Ltd. (“JustCo”). In addition, Daito Trust will invest up to an additional JPY 2.65 billion… Read More>>

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