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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>>

Canada Blocks CCCC’s Acquisition of Aecon Over National Security Concerns

2018/05/25 by Shawna Kwan Leave a Comment

China’s overseas acquisition drive has suffered another blow amid scrutiny by foreign regulators, with the Canadian government rejecting the proposed $1.2 billion acquisition of Aecon Group, one of Canada’s largest builders, by state-owned CCCC International Holding Limited (CCCI).

Canada’s national… Read More>>

Piago

Henderson Land Buys Four HK Department Stores from FamilyMart Uny for HK$300M

2018/05/25 by Shawna Kwan Leave a Comment

A retail unit of blue-chip developer Henderson Land is acquiring Japanese retailer FamilyMart Uny Holdings Co’s operations in Hong Kong for HK$300 million ($38 million), expanding Henderson’s department store business to Hong Kong Island and Kowloon.

The Henderson subsidiary, Urban… Read More>>

FILA Relaunches Shanghai Flagship Store on East Nanjing Road

2018/05/24 by Greg Isaacson Leave a Comment

Global sportswear brand FILA has relaunched its flagship store in Shanghai, celebrating the opening of its largest retail space in Greater China. The expanded and upgraded venue in the Mosaic Shanghai mall on East Nanjing Road now covers 867 square metres… Read More>>

Carlyle Adds New Leaders for Vietnam, Indonesia to SE Asia Team

2018/05/24 by Greg Isaacson Leave a Comment

The Carlyle Group, the world’s top private equity firm in terms of fundraising, is boosting its Southeast Asia team with two senior hires in Jakarta and Singapore.

Carlyle has hired Robby Winarta as Managing Director and Long Hoang as Director… Read More>>

Carrefour, Tencent Open First Le Marche Smart Supermarket in Shanghai

2018/05/23 by Shawna Kwan Leave a Comment

Carrefour has opened its first-ever smart supermarket in Shanghai in partnership with Tencent, four months after the parent company of China’s ubiquitous WeChat app bought a stake in the French retailer. The Le Marche store in China’s commercial capital is… Read More>>

Sean Qian Kr Space

Alibaba-Backed Kr Space Debuts in Hong Kong with 7-Floor Wan Chai Lease

2018/05/23 by Shawna Kwan Leave a Comment

Kr Space, the co-working spinoff of Alibaba-backed technology platform 36Kr, has picked Hong Kong for its first centre outside of mainland China, leasing seven stories in the One Hennessy office building in Wan Chai while it looks to open other… Read More>>

Flexible Office Space in Asia Surges 150% in 3 Years, Operators Double, JLL Finds

2018/05/23 by Greg Isaacson Leave a Comment

Asia Pacific is leading the global surge in flexible offices, with total co-working and serviced office space in the region soaring 150 percent from 2014 to 2017, according to a new report by property consultancy JLL.

During those three years,… Read More>>

ye jianming

CEFC Europe Deals Hit the Wall as Investment Firm Defaults on $327M in Bonds

2018/05/23 by Michael Cole Leave a Comment

One of China’s most troubled cross-border investors became the mainland’s latest default story this month as a unit of China CEFC Energy informed the Shanghai stock exchange that it had failed to fulfill obligations for bond payments totalling RMB 2.09… Read More>>

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