Asia Pacific real estate investment news and information
PropertyGuru has pulled its proposed initial public offering, just two weeks after filing its IPO prospectus with the Australian Securities and Investment Commission.
The Southeast Asia property listings platform, which was seeking to raise up to A$380 million ($260 million)… 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>>
Singapore’s Temasek Holdings has made a bid to take a controlling stake in Keppel Corp through an offer that values the engineering, infrastructure and real estate group at S$4.1 billion ($3 billion).
If successful, the offer will give the state… Read More>>
After its founder filed for personal bankruptcy in the US just last week, Chinese tech startup LeEco has seen its Beijing headquarters put up for sale by the capital’s courts after the electronics-to-video streaming group failed to make payment on… Read More>>
Savills has named Datuk Paul Khong as head of its Malaysia business following the departure of executive chairman Chris Boyd and deputy executive chairman Allan Soo.
Khong will be taking the reins at the company that until four years ago… Read More>>
Singapore’s sovereign wealth fund has made a fresh shopping trip to Paris, picking up yet another commercial tower in the City of Light.
GIC, which has over $100 billion in assets under management, announced on Friday that it has acquired… Read More>>
Residential start-up Dash Living is launching its first co-living project in Hong Kong after receiving commitments of $10 million in a pre-series A funding round.
The 51-room property on Carnarvon Road in Tsim Sha Tsui brings the five-year-old company’s portfolio… Read More>>
State-owned “bad bank” China Cinda Asset Management has been revealed as the buyer of a hotel in Hong Kong’s Tsim Sha Tsui area, spending HK$4.3 billion ($550 million) on the asset despite a 70 percent slump in hotel investment during… Read More>>
Hong Kong’s embattled chief executive Carrie Lam announced a raft of measures to help low-income households and the middle classes buy their own homes in her annual Policy Address this week in a belated attempt to tackle high housing prices… Read More>>
Chinese financial conglomerate CITIC Group has inaugurated Beijing’s tallest skyscraper, formally known as the CITIC Tower, eight years after breaking ground.
At 528 metres (1,732 feet) tall, and commonly known as China Zun, the skyscraper rises above its closest rival… Read More>>
