Asia real estate and outbound investment news
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 people… Read More>>
Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has continued to take up more space in the world’s most expensive office market.
The New York-based shared space specialist is said… Read More>>
WorkTech is set to launch its first co-working location in Taipei, a 2,000 square metre (21,528 square feet) space in the city’s hipster-favoured Zhongshan district that will open next month.
The eight-year-old Hong Kong-based company is the latest shared office… Read More>>
A Singapore-listed real estate investment trust leads Mingtiandi’s roundup of real estate headlines today with the news that the kingpin of the city state’s newspaper business has taken a 20 percent stake in the REIT’s manager.
Also in the news,… Read More>>
Shared offices with attitude and free-flow beer could convert into a $3.5 billion IPO for WeWork within the next two months, according to media reports today, citing sources familiar with the company’s plans.
While WeWork has yet to comment publicly… Read More>>
Within hours of US co-working provider WeWork announcing its expansion into Taiwan, a US news report revealed that co-founder Adam Neumann has cashed out more than $700 million from the company which hopes to achieve a public listing in the… Read More>>
Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according to an announcement by the office tower’s landlord today.
WeWork is set to gain occupancy of the 200,470 square foot (18,624… Read More>>
Ucommune, WeWork’s biggest rival in mainland China, is reportedly planning to raise as much as $200 million in a US IPO next year, as the loss-making mainland co-working player continues to raise new capital.
The US listing plan by the… Read More>>
The coworking and flexible space trend has taken off in recent years but will need to evolve with new technology to remain relevant, says Yardi’s vice president of International, Neal Gemassmer. What’s next for coworking and flexible space?
Analysts predict… Read More>>
Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.
The private equity fund manager, which… Read More>>
