Asia real estate and outbound investment news
As $20 billion co-working startup WeWork expands into Southeast Asia, the company behind the world’s biggest serviced office operator is ramping up its flexible workplace presence in Singapore.
Spaces, the co-working arm of European flexible office giant IWG, which also… Read More>>
The retail arm of Korean conglomerate Lotte Group has shed the first piece of its hypermarket business in China, following a geopolitical spat that has slashed its sales in the country by 77 percent.
Lotte Shopping will sell one of… Read More>>
Needing to pay off $29 billion in financial liabilities by June 30th, embattled Chinese conglomerate HNA is seeking investors for a $1.5 billion investment vehicle so that the group can continue the acquisition streak that generated its current debt load,… Read More>>
Global flexible office giant WeWork is ramping up its presence in Southeast Asia with an upcoming debut in Indonesia, potentially followed by Thailand, Malaysia and the Philippines by year-end, the company announced.
The $20 billion New York-based startup will open… Read More>>
Global real estate consultancy JLL is boosting its operations in the Philippines by scooping up a Manila-based project and construction management firm with over 40 staff.
JLL has acquired JCL International, which is led by senior partners John Morgan and… Read More>>
Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, according to local media reports.
The lease for the 7,000 square foot (650 square metre) store in Leighton Centre at 77 Leighton… Read More>>
Less than one year after its offshore affiliate paid $449 million to buy a stake in Seaworld from Blackstone, and just nine months after that same unit failed in its $4 billion bid to buy out US senior living operator… Read More>>
Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.
The 33rd floor of… Read More>>
Global property consultancy Knight Frank is bringing a pair of cross-border sales specialists on board to market residential projects in the UK to buyers in Hong Kong. Mei Wong and Fiona Priest are joining the company’s Hong Kong office to… Read More>>
Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is consolidating a block of properties in Sai Ying Pun, two MTR stations west of Central after spending over HK$1.5 billion ($191… Read More>>
