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Paul Salnikow TEC

The Executive Centre Calls Off $750M Sale Amid Hong Kong Unrest

2019/09/10 by James Hatton Leave a Comment

Just days before final bids were due to be received in a proposed sale of The Executive Centre, the shareholders of the Hong Kong-based shared office provider have halted the sale, according to a statement received by Mingtiand from the… Read More>>

Li Jinzhao Lujiazui Group

Lujiazui Group Pays RMB 9.1B for Site of Shanghai’s First Suburban Supertall

2019/09/10 by Jan Kot Leave a Comment

Lujiazui Group, the largest state-owned developer in Shanghai’s Pudong district has agreed to pay RMB 9.1 billion ($1.28 billion) to acquire a mixed-use site in the city’s Zhangjiang High Tech Park, according to an announcement last week by the Shanghai… Read More>>

adam neumann wework

WeWork IPO Road Show in Doubt as Valuation Said to Dip Below $20B

2019/09/09 by Michael Cole Leave a Comment

The kick off of marketing for an initial public offering of shares in the We Company, the parent of shared office provider WeWork is said to be in doubt as the group’s promoters struggle to win over skeptical investors.

The… Read More>>

Colliers Brokers S$402M Sale of SG Project to Li Ka-shing’s CK Asset and More Agency Wins Mingtiandi Broker Battle

2019/09/09 by James Hatton 1 Comment

A successful collective sale in Singapore leads this edition of Mingtiandi’s roundup of agency wins with Colliers’ having brokered the $291 million sale of an apartment block in District 10 to an entity linked to Hong Kong billionaire Li Ka-shing’s… Read More>>

Co-Founder of Hong Kong’s Campfire Leads HK$170M Community Mall Purchase

2019/09/09 by James Hatton Leave a Comment

A co-founder of Hong Kong shared space firm Campfire has teamed up with a former executive of Hong Kong-based developer Sunlink to buy a suburban community mall in the New Territories that has stood empty for over ten years.

The… Read More>>

Ching Chiat Kwong Oxley

Oxley Offers Podium of Singapore’s Chevron House for S$475M

2019/09/08 by James Hatton Leave a Comment

Just four months after Oxley Holdings agreed to sell 30 Raffles Place in Singapore’s central business district to AEW for S$1.025 billion ($740 million), the Singapore-based company has moved to find a buyer for the building’s retail and office podium… Read More>>

James Lim Capitaland

CapitaLand Fund Management Boss James Lim Resigns

2019/09/08 by Michael Cole Leave a Comment

James Lim, CEO of CapitaLand Investment Management (CLIM) has resigned from his position at the helm of the private fund management division of the Singaporean property conglomerate, Mingtiandi has come to understand.

Lim, who came on board with CapitaLand to… Read More>>

adam neumann

WeWork May Cut Valuation by Half as IPO Questions Multiply

2019/09/06 by Michael Cole Leave a Comment

Executives at the We Company, the parent of shared office provider WeWork, are considering lowering the valuation for an upcoming initial public offering by around 50 percent, according to multiple news accounts citing sources familiar with the company’s plans.

The… Read More>>

John Saunders Blackrock

BlackRock Nears $500M First Close on Latest APAC Real Estate Fund 

2019/09/04 by James Hatton Leave a Comment

BlackRock Real Estate is raising capital for the fifth in its series of APAC-focused value-add property investment vehicles, with reports indicating that the size of the fund will eclipse its $500 million predecessor.

Having already secured commitments of between $300… Read More>>

ESR Co-CEO Jeffrey Shen

ESR Investing INR 3B in India Industrial Park JV 

2019/09/04 by James Hatton Leave a Comment

ESR is ploughing nearly INR 3 billion ($42 million) into developing a pair of industrial parks in India, paving the way for the company to add to its warehouse portfolio in the subcontinent, according to an announcement by the Warburg… Read More>>

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