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Michael McCullough KMC

Philippine Co-Working Startup Wins Backing From CIMB-Mitsubishi Fund

2019/04/10 by Michael Cole Leave a Comment

Filipino co-working operator KMC has won fresh financial backing from a Malaysian-Japanese investment fund, according to an announcement today by the Manila-based firm.

KMC, a unit of the company which operates property agency KMC Savills, said that it will use… Read More>>

kelvin-lim-LHN Group

Sequoia-Backed Hmlet Co-Living to Roll Out 150 Room Singapore Location

2019/04/09 by Michael Cole Leave a Comment

Singapore-based co-living startup Hmlet has secured its biggest location to date, according to a statement today by the company, taking on a former school in the city’s Tanjong Pagar area.

The Sequoia-backed provider of boarding houses for millennials has teamed… Read More>>

27 Lugard Road

HNA Sells Mansion at Hong Kong’s Peak at 22% Loss After One Year

2019/04/09 by Jan Kot Leave a Comment

HNA Group is said to have sold a site with two historical homes in Hong Kong’s prestigious Victoria Peak area for HK$550 million ($70 million), suffering a more than 22 percent loss on the property just over one year after… Read More>>

He Lifeng NDRC

NDRC Rules Out Hukou Restrictions in Small Cities and More China Policy News

2019/04/09 by Dorothy Ma Leave a Comment

Editor’s note: This article provides a round up of recent regulatory moves in mainland China, along with insights into the impact that these new measures may be having on the market. This new element of Mingtiandi now appears on the… Read More>>

Tan Shu Lin OUE C REIT

Singapore’s OUE Proposes S$6.8B Merger of Commercial, Hotel REITs

2019/04/08 by Michael Cole 1 Comment

A pair of Singapore-listed property trusts affiliated with Indonesia’s Riady family may soon be merged, according to a deal proposed today by the managers of OUE Commercial REIT and OUE Hospitality Trust.

Under the proposal, unit holders in OUE Hospitality… Read More>>

ucommune xingpai3

Chinese Co-Working Unicorn Ucommune Gets RMB 200M in Fresh Funding

2019/04/07 by Jan Kot Leave a Comment

While some of its domestic competitors show signs of stumbling, Chinese co-working giant Ucommune has raised RMB 200 million ($29.8 million) in a round backed by a real estate affiliate of Chinese industrial conglomerate Beijing Xingpai Group, according to information… Read More>>

Yifang Tower

CBRE Brokers RMB 4.6B Sale of Shanghai Complex and More Asia Agency Wins Mingtiandi Broker Battle

2019/04/07 by Michael Cole Leave a Comment

In a new addition to Mingtiandi’s coverage of real estate transactions in the region, this week we are rolling out our broker battle column to bring you the latest details of which brokerages have been involved in the region’s largest… Read More>>

Stuart Mercier Brookfield

Brookfield Buys Shanghai Complex From Greenland for RMB 10.6B

2019/04/04 by Jan Kot Leave a Comment

Canada’s Brookfield Asset Management has agreed to purchase a commercial property project in Shanghai’s South Bund area from Greenland Hong Kong at a valuation of RMB 10.57 billion ($1.7 billion) according to a stock exchange filing today by the Shanghai-based… Read More>>

Nikhil Srivastava

PAG Expands in India, Picks KKR Vet to Head PE Business

2019/04/04 by Michael Cole Leave a Comment

Hong Kong-based private equity heavyweight PAG has expanded its operations in India, including bringing on board a KKR veteran to help direct its buyout business in the country, according to an announcement this week by the firm.

Nikhil Srivastava, who… Read More>>

Yan Jianguo

COLI Affiliate Buys Pair of Guangzhou Resi Sites and More China Land Sale News

2019/04/04 by Dorothy Ma Leave a Comment

Editor’s note: This article provides a review of local media coverage of recent land purchases by developers in mainland China, along with related research and statistics, with the goal of providing observers and analysts with insights into changes in developer… Read More>>

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