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WeWork Unveils Tenth Singapore Outlet — And It Has a Pool

2019/03/06 by Jesus Alcocer Leave a Comment

WeWork announced on Tuesday the official opening of its tenth location in Singapore, at 380 Jalan Besar in the city’s Kallang area.

The new outlet will be located in the mixed-use complex ARC 380 near Farrer Park and will have… Read More>>

Sachin Doshi Weave

Weave Co-Living Acquires Second Hong Kong Property

2019/03/05 by Jesus Alcocer Leave a Comment

Warburg Pincus-backed Weave Co-living has completed the acquisition of its second property in Hong Kong, with this latest investment coming nine months after the company opened its first location next to Kowloon’s Prince Edward MTR station.

The new property, located… Read More>>

Soho China Zhang Xin

Soho China Opens RMB 5B Commercial Project in Shanghai’s Gubei

2019/03/05 by Jesus Alcocer Leave a Comment

Developer Soho China opened the doors to its Kohn Pedersen Fox-designed Gubei Soho project in western Shanghai’s Changning district last week, adding the RMB 5 billion ($746.7 million) office and retail project to its portfolio of commercial assets in the… Read More>>

Zhou Zheng COFCO

COFCO Property, Joy City Rebranded as Grand Joy After Mainland Merger

2019/03/05 by Jan Kot Leave a Comment

One of China’s largest property developers is now  carrying a new brand after COFCO Property (Group) Co. Ltd announced on March 1st that it would change its name to Grand Joy Holdings Group Co., Ltd.

The rebranding of the Shenzhen-based… Read More>>

Sun Hung Kai's Raymond Kwok

Sun Hung Kai Snaps Up Second Plot Near Guangzhou High-Speed Rail Station

2019/03/04 by Jesus Alcocer Leave a Comment

Hong Kong-listed Sun Hung Kai Properties announced on Friday that it had won a tender for a second plot of land near Guangzhou’s Qingsheng high speed rail station at a price of RMB 1.19 billion ($177 million).

The company controlled… Read More>>

Joe Gagnon Jeffrey Shen

Warburg-Backed Logistics Platform ESR Files for HK IPO Worth Up to $1.5B

2019/03/02 by Michael Cole Leave a Comment

Warburg Pincus-backed logistics real estate platform ESR has filed for an initial public offering in Hong Kong, according to a notice late Friday to the Hong Kong stock exchange. The stock market listing should bring in at least $1 billion,… Read More>>

don tan kailong

Exclusive – Kailong Reaches $500M Close of Greater China Real Estate Fund II

2019/03/02 by Michael Cole Leave a Comment

Fund manager Kailong Real Estate Investment has reached a $500 million closing on KaiLong Greater China Real Estate Fund II, its latest US dollar value add fund, according to a senior executive of the Warburg Pincus-backed firm.

The company, which… Read More>>

Danke CEO Gao Jing

Ant Financial, Tiger Global Lead $500M Funding Round for Beijing’s Danke Apartment

2019/03/02 by Jan Kot Leave a Comment

Mainland China rental housing platform Danke Apartment announced on Friday that it has closed a $500 million funding round, co-led by existing investor Tiger Global Management and new backer Ant Financial — the e-payment and asset management giant controlled by… Read More>>

Jeong Young-chae

Korea’s NH Investment, ARA Team Up for $890M Seoul Office Buy

2019/02/28 by Jesus Alcocer Leave a Comment

A fund managed by Singapore’s ARA Asset Management has agreed to purchase the iconic Seoul Square building from KR1 CR REIT, a locally listed trust whose largest shareholder is a division of Singapore’s Keppel Capital.

The deal, which is said… Read More>>

luo jun tujia-tb

Ctrip Pushes Out Tujia Founder Luo Jun as CEO of China’s Airbnb

2019/02/28 by Jan Kot Leave a Comment

Luo Jun, founder of China’s answer to Airbnb, Tujia, has stepped down from his CEO role at the Ctrip-backed company, although he will continue to act as a director of the company he co-founded in 2011.

Luo was replaced at… Read More>>

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