Swedish furniture giant IKEA cuts the ribbon on its new Shanghai mall, with that story leading today’s headline roundup. Also making the list, WeWork’s India exit plan goes awry and a tender for Singapore’s Roxy Square ends with no bids.
Asia Real Estate People in the News 2023-03-06
Generational change leads this week’s set of personnel moves from Asia’s real estate community with 94-year-old tycoon Wee Cho Yaw deciding to take a step back from one of the Singapore-listed companies under his leadership. Also in the news are… Read More>>
Longfor Aims for $1B Property Management IPO in HK and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Longfor reportedly lines up backers for a $1 billion Hong Kong IPO of its property management arm, an Ikea-anchored mixed-use project is planned for the New Delhi area, and cash-strapped Kaisa… Read More>>
Ingka Centres to Spend $759M Developing India’s First IKEA-Anchored Mall
A sister firm of IKEA is the latest global player to bet big on growth in India after buying a land parcel near Delhi for development into a mall anchored by the big-box retailer.
Ingka Centres, which develops shopping complexes… Read More>>
Asia Real Estate People in the News 2020-09-14
Top level moves at some of the biggest developers in mainland China and Hong Kong lead Mingtiandi’s roundup of personnel changes this week, with the founder of one of the region’s largest developers formally relinquishing all involvement with his company… Read More>>
Asia Real Estate People in the News 2019-04-29
In this week’s People in the News, Credit Suisse Asset Management brings in some new blood, CBRE gets a new head for its Workplace Centre of Excellence, and the world’s most famous ready-to-assemble furniture group names its new President of… Read More>>