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Kelvin Wong Pamfleet

Pamfleet Reaches $100M Final Close on 2nd China Real Estate Fund – Exclusive

2019/05/05 by Michael Cole Leave a Comment

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>>

John Lim ARA Asset Management

ARA Launches $451M Singapore IPO of US Hotel REIT

2019/05/02 by Michael Cole Leave a Comment

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>>

WONG Ho Ming, Augustine Henderson

Henderson Buys Out Kowloon Buildings at Auction, Aims for 1M Sq Ft Project

2019/05/01 by Michael Cole Leave a Comment

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>>

Adam Neumann WeWork

WeWork Files for IPO – Valuation Remains a Mystery

2019/04/30 by Michael Cole 1 Comment

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>>

ming-mei-glp

GLP Said Filing for IPO of US Business at $20B Valuation

2019/04/25 by Michael Cole Leave a Comment

Warehouse developer and fund manager Global Logistic Properties (GLP) has begun the process of filing for an initial public offering of its US assets which could value the business at $20 billion, according to an account in the Wall Street… Read More>>

Alex Jeffrey Savills

Savills Investment Management Appoints Alex Jeffrey as Global CEO, Based in Singapore

2019/04/24 by Michael Cole Leave a Comment

Savills Investment Management has appointed Alex Jeffrey as its new chief executive officer ending a period of transition in the real estate investment firm’s management which has endured since global CEO and chairman Justin O’Connor quit the UK firm in… Read More>>

HNA Chen Feng

HNA Unit Says Creditors Seized Assets in SG, US, China After Loan Default

2019/04/24 by Jan Kot 1 Comment

Lenders to CWT International Ltd have seized control of its assets in Singapore, China and the US after the unit of HNA Group failed to repay a short term loan taken out last October, a filing to the Hong Kong… Read More>>

tony tang blackrock

BlackRock Names Tony Tang Head of China

2019/04/17 by Michael Cole Leave a Comment

Asset management giant BlackRock on Wednesday named veteran finance executive Tony Tang as its new head of China, as the US-based firm continues to ramp up its presence in the world’s second-largest economy.

The 46-year-old, who since May last year… Read More>>

Chen Feng HNA

HNA’s CWT International Defaults on HK$1.4B Loan

2019/04/17 by Jan Kot Leave a Comment

CWT International (CWTI), a unit of Chinese conglomerate HNA Group announced on Tuesday that it had defaulted on a HK$1.4 billion ($179 million) loan it received less than seven months ago — an event which its creditors say could lead… Read More>>

Mark Dixon IWG

Regus Parent IWG Sells Japan Business for £320M in Shift to Franchise Model

2019/04/16 by Michael Cole Leave a Comment

IWG, the parent company for Regus has agreed to sell its Japanese business for £320 million ($446 million) as the flexible office provider shifts toward a franchise model.

The London-listed firm is selling 100 percent of the equity in the… Read More>>

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