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Adam Neumann WeWork

WeWork Buys China Co-Working Start Up naked Hub for Reported $400M

2018/04/12 by Shawna Kwan Leave a Comment

Global co-working giant WeWork is acquiring Shanghai-based naked Hub for a reported $400 million with the two parties issuing a joint statement today.

“China-born naked Hub and WeWork may come from vastly different backgrounds, but there is more that binds… Read More>>

Don Taylor Swire

Swire Tops Out South Island Place Office Tower in Hong Kong’s Wong Chuk Hang

2018/04/12 by Shawna Kwan Leave a Comment

Swire Properties is building a foothold in southern Hong Kong Island, as the blue-chip developer this week celebrated the topping out of South Island Place, its first office project in the gentrifying hub of Wong Chuk Hang.

The 28-storey, grade… Read More>>

9 Queen's Road Central

Floor in 9 Queen’s Road Central Poised to Break Hong Kong Price Record

2018/04/11 by Shawna Kwan Leave a Comment

In a city known for its stratospheric real estate prices, an office space smaller than a sheet of A3 paper may now cost you more than $7,600. A floor in 9 Queen’s Road Central, an office tower in Hong Kong’s… Read More>>

LaSalle Buys Office Tower in Shanghai’s Hongkou District From Alpha

2018/04/05 by Greg Isaacson Leave a Comment

LaSalle Investment Management has acquired Shanghai International Plaza (盛邦国际大厦) in Shanghai’s Hongkou district, marking the third time the 31-storey, grade A commercial tower has changed hands in seven years.

The US-based real estate investment firm purchased the property on behalf… Read More>>

Yang Guoqiang

Country Garden Buys $562M East London Housing Project in First UK Foray

2018/04/04 by Greg Isaacson 1 Comment

Country Garden, China’s biggest developer by contracted sales, has made its British debut by buying up a 785-home project in east London for a reported £80 million ($112 million), in a rare recent acquisition of a UK development site by… Read More>>

KKR-Led Group Poised to Buy $1B Seoul Office Project in Record-Breaking Deal

2018/04/03 by Greg Isaacson Leave a Comment

A consortium led by US private equity giant KKR & Co is poised to land the biggest single-asset property deal in South Korean history by scooping up a twin office tower complex in Seoul worth an estimated 1.1 trillion won… Read More>>

Jack Ma Hema

Alibaba Inks Deal With Five of China’s Top 10 Developers to Expand Hema Supermarkets

2018/04/01 by Michael Cole Leave a Comment

Mainland ecommerce giant Alibaba revealed late last week that it has signed a cooperation agreement with five of China’s top 10 property developers to expand its Hema smart supermarket chain on the mainland.

The agreement between the Alibaba online to… Read More>>

Ye Jianming CEFC

China’s CEFC Lights Up $3.2B Real Estate Fire Sale as Founder Under Investigation

2018/03/28 by Shawna Kwan Leave a Comment

CEFC China Energy, whose founder has reportedly been detained for questioning, is said to be selling properties in mainland China, Hong Kong, the US and Europe valued at over RMB 20 billion ($3.2 billion) as it struggles to repay debts… Read More>>

Kelvin Wong Pamfleet

Pamfleet Launches 67-Unit Shanghai Co-Living Project

2018/03/28 by Greg Isaacson Leave a Comment

Hong Kong-based real estate investment firm Pamfleet is launching a pioneering co-living project in Shanghai, the company revealed to Mingtiandi, as the communal living model that has proven popular with young professionals in Europe and the US makes its first… Read More>>

Hank Greenberg CV Starr

APL, ADIC, CV Starr and PAG Cash in Landmark Tokyo Building for Reported $1.4B

2018/03/22 by Shawna Kwan Leave a Comment

A group of investors led by Hong Kong-based Asia Pacific Land have sold the Shiba Park Building, once Japan’s most expensive en bloc asset, for a reported 150 billion yen ($1.4 billion), according to Tokyo-based brokerage Japan Property Central.

Asia… Read More>>

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