Asia real estate and outbound investment news
Following a client uprising over the weekend that drove rumours of bankruptcy early this week, Beijing-based rental platform Danke Apartments may be in line for a buyout, according to local media reports.
Listed on the New York Stock Exchange as… Read More>>
Today we lead off Mingtiandi’s round up of people moves around the region with some top-level turnover to go with the turmoil at Beijing-based Danke Apartments. Also in the stressed department, WeWork India has named a new CFO, chief counsel… Read More>>
A pair of loss-making Chinese rental apartment outfits are coming under increasing pressure from authorities, following allegations of financial exploitation.
The Shenzhen Housing and Urban-rural Construction Bureau said last Friday that it had launched an investigation into the business practices… Read More>>
Hong Kong’s troubled hospitality sector leads the way in Mingtiandi’s roundup of Asia real estate headlines today as falling occupancy forces the closure of many of the Asian financial hub’s struggling hotels.
In other news around the region, the bondholders… Read More>>
Loss-making mainland China apartment rental operator Danke has moved a step closer to listing on the New York Stock Exchange, just two months after Shanghai-based rival Qingke listed on the NASDAQ at the bottom end of its price range.
The… Read More>>
A pair of loss-making mainland China apartment rental operators have filed for initial public offerings in the US within days of each other as pressure mounts on their balance sheets.
Beijing-based Danke is seeking to raise up to $100 million… Read More>>
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>>
