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HK Hotel Room Rates Plunge 46% As Vacancy Soars and More Asia Real Estate Headlines

2019/11/13 by James Hatton Leave a Comment

Discounted room rates lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Hong Kong’s hotels are suffering as visitors stay away from the teargas-filled Asian financial hub.

In other news around the region,… Read More>>

Digital Realty A William Stein

Digital Realty Signs India Data Centre MOU 

2019/10/29 by James Hatton Leave a Comment

Digital Realty Trust has taken its first step towards establishing a presence in India’s data centre market as it moves to capitalise on the booming data economy in the South Asian nation.

The San Francisco-based data centre REIT manager has… Read More>>

China housing

China Home Price Growth Slows in September and More Asia Real Estate Headlines

2019/10/22 by James Hatton Leave a Comment

China’s September housing market leads the way in Mingtiandi’s roundup of real estate headlines today with the news that home price growth in mainland China has slowed for a fourth month in a row, according to official data.

In other… Read More>>

S&P Says Hong Kong Hotels May Face 50% Fall in Revenues and More Asia Real Estate Headlines

2019/10/15 by James Hatton Leave a Comment

Collapsing hotel bookings lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that hoteliers in Hong Kong could see their revenues halved, according to ratings agency S&P, as visitors stay away from the… Read More>>

wework india tb

WeWork India Scrambles After $100M Funding Deal Falls Through and More Asia Real Estate Headlines

2019/10/12 by James Hatton Leave a Comment

The troubles of America’s biggest co-working company are being felt globally as the challenges of leasing desks in India lead Mingtiandi’s roundup of real estate headlines today with the news that Embassy Group, which set up the franchise, is selling… Read More>>

ritesh agarwal oyo

Softbank-backed Oyo Hotels Raising $1.5B to Expand into US, Europe

2019/10/07 by Michael Cole Leave a Comment

Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion into the US, Europe and other global markets.

25-year-old Oyo founder Ritesh Agarwal is leading the financing round with support from… Read More>>

Salesforce to Anchor Lendlease, Ping An, Mitsubishi JV in Sydney and More Asia Real Estate Headlines

2019/10/02 by James Hatton Leave a Comment

A skyscraper down under leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a three-way joint venture between a major Australian property group, a Tokyo-based developer and the real estate arm of a… Read More>>

Colliers Boosts India Presence With Acquisition of Bangalore-Based Project Manager

2019/09/19 by James Hatton Leave a Comment

Colliers International has acquired an eighty-percent controlling interest in Bangalore-based project management firm Synergy, with the management of the newly acquired firm set to take the helm of the real estate service provider’s India operation.

Through the acquisition, Toronto-headquartered Colliers… Read More>>

stephen schwarzman blackstone

Blackstone Buys Out India Office Portfolio for INR 44B, Checks Out Warehouse Deal

2019/09/12 by Michael Cole Leave a Comment

Blackstone has reached an agreement to take control of an Indian office portfolio and is said to be negotiating its first logistics investment in the south Asian nation.

Following the successful launch of its Embassy Office Parks REIT in March… Read More>>

jack Ma

Jack Ma Fund Joins $300M Rental Housing Investment and More Asia Real Estate Headlines

2019/09/10 by James Hatton Leave a Comment

A Shanghai-based apartment rental platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company has raised $300 million from investors including a private equity firm founded by the soon-to-be-retiring… Read More>>

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