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Adam Neumann Shanghai

WeWork (and URWork) Prepare to Battle for Singapore Co-Working Market

2017/05/18 by Greg Isaacson Leave a Comment

Co-working unicorn WeWork is building up a team to bring its shared office platform into Singapore, with mainland competitors URWork and naked Hub also targetting the southeast Asian financial centre.

WeWork is preparing to enter the Singapore co-working space according… Read More>>

Lu Wing Chi

Hong Kong’s SEA Holdings Buys Prime London Building for $334M

2017/05/18 by Greg Isaacson Leave a Comment

SEA Holdings has become the latest in a string of Hong Kong investors to wager on London’s property market, agreeing to purchase a nine-storey office building in the British capital for £258 million ($334.4 million), the company confirmed this week…. Read More>>

Lee Shau-Kee Henderson

Henderson Land Buys Car Park Site in Hong Kong’s Central for $3B

2017/05/17 by Michael Cole Leave a Comment

Henderson Land Development has made a car park in Central district Hong Kong’s most valuable commercial property, after the top local developer agreed to pay HK$23.3 billion ($3 billion) for the site at a government land auction which closed last… Read More>>

Tu Guangshao

China’s CIC Says It’s Ready to Start Investing in the US – Again!

2017/05/17 by Michael Cole Leave a Comment

America’s Trump administration has made headlines with its taste for “alternative facts,” and now the leadership of mainland sovereign wealth fund China Investment Corporation seems ready to adopt this flexible approach to reality as it lobbies for more favorable treatment… Read More>>

wu yajun

KWG and Longfor Win Kai Tak Site With HK$7.3B Bid

2017/05/17 by Michael Cole Leave a Comment

Developers KWG Property Holdings and Longfor Properties have become the latest mainland home builders to buy into Hong Kong’s Kai Tak area after a HK$7.3 billion ($938 million) joint bid by the two developers won a residential site in the… Read More>>

Indospace Warehouse

CPPIB Commits $500M to India Logistics JV With IndoSpace

2017/05/16 by Michael Cole 1 Comment

The Canada Pension Plan Investment Board (CPPIB) is investing $500 million into a logistics real estate joint venture in India in the Canadian fund manager’s latest commitment to the subcontinent.

CPPIB is investing the funds as an initial commitment to… Read More>>

Daniel Yao JLL

Shanghai Office Market to Reach 11M Sq Metres by 2020 Says JLL

2017/05/16 by Greg Isaacson Leave a Comment

Shanghai is set to be Asia Pacific’s largest office market within the next three years, surpassing Hong Kong, Tokyo and Sydney as the Chinese commercial hub’s service sector drives demand for grade A space.

Approximately 1.1 million square metres (11.8… Read More>>

China Minsheng Buys 80% Stake in SF Bayside Project for Reported $100M

2017/05/14 by Greg Isaacson Leave a Comment

One of China’s largest private investment groups has teamed up with partners in the US to invest in a waterfront development site in San Francisco, joining a growing number of mainland and Hong Kong investors that are betting on the… Read More>>

Wang Jianlin

Wanda Backs Away From London Project as Deal String Slows

2017/05/13 by Michael Cole Leave a Comment

Wang Jianlin’s Dalian Wanda has let a lock-out period expire on talks to acquire a second site in south-central London next to its One Nine Elms project, according to an account in the Estates Gazette.

The developer has been among… Read More>>

adrian cheng New World

New World Picks Up Kowloon Commercial Site for HK$4b

2017/05/11 by Michael Cole Leave a Comment

New World Development has purchased its second commercial site within three months in Hong Kong’s Cheung Sha Wan area, bringing its total land purchases in the Kowloon neighborhood to HK$11.8 billion ($1.5 billion) since mid-February.

The top Hong Kong developer… Read More>>

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