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Tony Lombardo, global CEO of Lendlease

Lendlease Gets Fresh Backing to Avoid Restructuring and More Asia Real Estate Headlines

2024/04/12 by Ponrath Sopannarath Leave a Comment

Australia’s Lendlease leads Mingtiandi’s look at real estate headlines from around the region today as the developer gets some fresh investment amid challenges to its management plans. Also in the news, regional data centre platform NextDC plans to raise cash… Read More>>

Capital Tower - Robinson Rd. SG

CapitaLand Investment to Raise $320M From Bonds and More Asia Real Estate Headlines

2023/04/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional real estate news headlines, CapitaLand’s asset management arm readies a capital raise this month, Vietnam has removed some restrictions on corporate bond issuers as the country’s real estate industry crumples and a New York Stock… Read More>>

lianjia

Beike Faces Possible Delisting by 12 May After Appearing on SEC Watchlist

2022/04/23 by Christopher Caillavet Leave a Comment

Housing broker Beike could face delisting from the New York Stock Exchange within three weeks after the Chinese firm’s American-listed entity this week was added to a US government watch list of public companies whose books are blocked from regulatory… Read More>>

Carson Block

Beike Lashes Out After Muddy Waters Says Revenues Overstated Up to 96%

2021/12/20 by Christopher Caillavet Leave a Comment

Softbank- and Tencent-backed housing broker Beike has lashed out against accusations of “systemic fraud” levelled by Muddy Waters Research, a US investment firm famous for exposing fraud at since-bankrupt Chinese firms Luckin Coffee, Sino-Forest and NQ Mobile while shorting their… Read More>>

Zuo hui of Beike

Zuo Hui, Billionaire Founder of Mainland Real Estate Listings Giant Beike, Dies at 50

2021/05/21 by Christopher Caillavet Leave a Comment

China’s largest property listings website, Beike, announced that its founder and chairman, Zuo Hui, died Thursday after an unexpected worsening of illness. He was 50 years old.

Zuo, who started Beijing-based property agency Homelink (Lianjia in Chinese) in 2001 and… Read More>>

beike-zuo-hui

SoftBank-Backed Beike Aims for $1B NYSE IPO

2020/08/02 by Diana Li Leave a Comment

China’s largest property listings website, Beike, is attempting a $1 billion IPO on the New York Stock Exchange despite signs that stock markets are becoming part of growing tensions between the US and mainland China.

On July 24, KE Holdings… Read More>>

Zuo Hui Lianjia

Tencent Leads $800M Funding Round for Mainland Property Listings Platform Beike

2019/03/27 by Jan Kot Leave a Comment

Chinese online property listing platform Beike Zhaofang has secured $800 million in funding from investors led by Internet giant Tencent, according to Chinese media reports.

The ultimate target funding amount for Beike, which was launched by Chinese brokerage giant Lianjia… Read More>>

Humbert-Pang gaw

Gaw Capital Sold Beijing’s Pacific Century Place to Local Fund for RMB 10.5B

2018/12/09 by Michael Cole Leave a Comment

Gaw Capital Partners is confirmed to have sold the Pacific Century Place project in Beijing for approximately RMB 10.5 billion ($1.53 billion) according to sources familiar with the transaction who spoke with Mingtiandi.

The Hong Kong-based private equity firm completed… Read More>>

Lianjia CEO Zuo Hui

Tencent, Warburg Pincus Said Investing $1.5B in China’s Lianjia

2018/09/09 by Emma Zhou Leave a Comment

Chinese Internet giant Tencent is planning to invest $1 billion into Lianjia, as part of a $2 billion financing round in preparation for a future IPO by China’s largest real estate brokerage, according to a report in the Wall Street… Read More>>

Ziroom CEO Xiong Lin

Cancer Death of Ziroom Tenant Raises Talk of Risk in China’s Rental Housing Rush

2018/09/05 by Jan Kot Leave a Comment

A social media post linking the leukemia death of an Alibaba employee living in an allegedly formaldehyde contaminated home operated by Sequoia China and Tencent-backed Ziroom has brought a new round of pressure on the rental housing unicorn this week.

… Read More>>

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