Asia real estate and outbound investment news
Financially troubled co-working space provider Kr Space announced on Wednesday that it has completed a RMB 1 billion ($145 million) round of funding, jointly led by IDG Capital, Gopher Asset Management and Hubei Yixing Capital.
Kr Space’s biggest fund-raising ever,… Read More>>
WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the formation of a real estate investment and management platform backed by Canadian fund manager Ivanhoe Cambridge.
“Ark will focus on acquiring,… Read More>>
Singapore-listed City Developments Ltd today announced RMB 6.7 billion ($974 million) in new investments in mainland China, including plans to take a 24 percent stake in mainland developer Sincere Property Group, and the acquisition of a Shanghai commercial asset from… Read More>>
Hong Kong-listed developer Hang Lung Properties is said to have agreed to sell an industrial building in Hong Kong’s Cheung Sha Wan area to a consortium of investors for HK$4 billion ($510 million), according to local media accounts citing sources… Read More>>
AEW Capital Management has appointed Gillian Chee as a senior executive in its Asia Pacific team, according to an announcement this week by the Boston-based investment company.
Pending regulatory approval, the former SC Capital Partners senior fund manager will have… Read More>>
Spaces, the co-working arm of European flexible office giant IWG, has taken over a 5,000 office space next to Shanghai’s Xintiandi complex, securing the location in the Infinitus Tower from former occupier Kr Space, according to a statement today
Kr… Read More>>
Hong Kong-based Pamfleet has raised $100 million for its second mainland China real estate investment fund, according to sources familiar with the company’s operations who spoke with Mingtiandi.
Pamfleet Shanghai Real Estate Fund II, which reached a final close at… Read More>>
ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.
The public offer, which began on Thursday night… Read More>>
Henderson Land Development added to its pipeline of home town projects this week as it bought out the remaining space in a pair of aging buildings in Kowloon’s Hung Hom area.
The blue chip developer bought the properties, which constituted… Read More>>
Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.
The shared office giant late on Monday revealed that… Read More>>
