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Ucommune Catches Blockchain Fever as China Gets Technical About Co-Working

2018/05/30 by Greg Isaacson Leave a Comment

Chinese co-working startup Ucommune has launched a blockchain development platform, in a move to add a high-tech edge to its network of shared office spaces.

The new program, Ucommune Blockchain Lab, was inaugurated in Beijing on Monday. Member companies will… Read More>>

Stuart Jackson InfraRed NF

One Country, Two Sets of Sheds: Infra-Red NF’s Adventures in Greater China Self-Storage

2018/05/30 by Shawna Kwan Leave a Comment

Asia is rapidly catching up to the West in income per capita, consumer spending and a variety of other economic indicators, but the region still lags many western nations in one key metric of prosperity – space to store spare… Read More>>

Chen Yihe CERCG

CERCG Defaults on $350M Bond 7 Months After Leading Buyout of the Center

2018/05/29 by Shawna Kwan Leave a Comment

Just seven months after leading the $5.2 billion acquisition of the world’s most expensive building, a little-known Beijing energy firm has defaulted on a $350 million international bond, according to a filing to the Hong Kong Stock Exchange by the… Read More>>

Ronnie Chan Hang Lung

Hang Lung Outbids Alibaba to Win Hangzhou Commercial Site for RMB 10.7B

2018/05/29 by Shawna Kwan Leave a Comment

Hong Kong developer Hang Lung Group has shouldered aside Alibaba Group and four other property developers to win a commercial plot in the eastern China city of Hangzhou for RMB10.7 billion ($1.7 billion) — more than double the base price… Read More>>

Blackstone, Navis Sell Aussie Residential Assets to GIC JV

2018/05/29 by Greg Isaacson Leave a Comment

Singapore’s $359 billion sovereign wealth fund GIC is building on a string of residential investments globally by joining with a local partner to acquire a set of gated communities in Western Australia from Blackstone and its Malaysia-based partner Navis Capital… Read More>>

CDL Names Pair of Execs to Head New Asset Management, Development Divisions

2018/05/29 by Greg Isaacson Leave a Comment

Singapore’s biggest home builder, City Developments Limited (CDL) announced a pair of new executive appointments this week as it created a pair of new business units to strengthen its commercial division and re-engineer its development process.

The owner of Republic… Read More>>

Gaw Joins Harbour Apartments in Raising $2.6B for China Rental Housing

2018/05/27 by Greg Isaacson 1 Comment

Chinese co-living operator Harbour Apartments has teamed up with its backer Gaw Capital Partners and a mainland financial firm in a drive to raise $2.58 billion in new capital for developing rental flats and co-living spaces.

Shanghai-based Harbour is setting… Read More>>

lee shau kee

Henderson Land Wins Approval for 35-Storey Tower on Central’s Murray Road

2018/05/27 by Shawna Kwan Leave a Comment

Henderson Land has received the green light from Hong Kong’s Buildings Department to build a 35-storey commercial tower on a car park site in Central that the developer pounced on for a record-smashing $3 billion one year ago.

The Murray… Read More>>

Jiangsu Developer Jiayuan Enters Hong Kong Market via $334M JV with Tang Shing-bor

2018/05/27 by Shawna Kwan Leave a Comment

Mainland property developer Jiayuan International is venturing into Hong Kong’s residential market by buying a majority stake in three projects from Tang Shing-bor for a combined HK$2.62 billion ($334 million).

According to a statement to the Hong Kong stock exchange,… Read More>>

Betül Genc Regus

Regus Rides Flexible Working Boom with Launch of 31st Singapore Centre

2018/05/27 by Greg Isaacson Leave a Comment

Regus has launched a new location in Singapore’s Jurong East business district, as the biggest flexible office provider in the city-state continues to build up its network.

Regus, a brand of London-based IWG, now has a total platform of 385,000… Read More>>

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