At the top of today’s pan-Asian grab bag of headlines, Singapore’s sovereign wealth fund and a leading US developer are reportedly looking to sell a joint venture office project in one of India’s tech clusters. Also in the news, Hong… Read More>>
Macau Businessman Pegged as Buyer of Pamfleet’s $217M Bonham Circus
The mysterious buyer of the $217 million Bonham Circus building in Sheung Wan — a deal which Mingtiandi covered earlier this week — has now been revealed. Macau businessman Lucas Lo, chairman of Similan Group, along with other investors, is… Read More>>
Pamfleet Sells Hong Kong Office Building for $217M After Leasing to naked Hub
Andrew Moore’s Pamfleet is reported to have sold the Bonham Circus office building in Sheung Wan for HK$1.7 billion ($217 million), making a profit of HK$700 million ($89 million) in less than two years.
The buyer, which market sources indicate… Read More>>
Asia Real Estate People in the News 2018-01-15
Leading this week’s roundup of job changes, a legal industry veteran has taken on a real estate-focussed role at a British law firm that is ramping up its presence in Asia, while a Singaporean property group has announced a burst… Read More>>
Naked Hub Leases Two Floors From SHK for Kowloon East Centre
Naked Hub has leased two floors in Sun Hung Kai Properties’ Two Harbour Square in Kowloon East for its third centre in Hong Kong. The Shanghai-based co-working operator is now set to occupy the office tower’s top two floors covering… Read More>>
Asia Real Estate People in the News 2017-12-26
Santa has finished making his Christmas rounds, but apparently not before bringing some new roles to the good boys and girls of Asia’s real estate industry. Over the holiday season asset management major BlackRock introduced its new head of Southeast… Read More>>
Co-Working Emerges as High Tech Competitor, and Complement, for Asia’s Landlords BUILDING ASIA’S DIGITAL FUTURE: A MINGTIANDI SPECIAL REPORT
The tenants occupying Asia’s prime office buildings have changed dramatically in the last thirty years with tech companies now taking up an estimated 20 percent of grade A space in some of the region’s largest office markets.
Despite the growing… Read More>>
naked Hub Acquires Shanghai’s Raise Office in Latest Co-Working Milestone
Asia’s fast-growing flexible office sector has chalked up another merger, with Shanghai-based naked Hub acquiring local rival Raise Office, a co-working operator with four centres in the mainland financial hub.
Through the recently announced deal, the set of Raise Office… Read More>>
WeWork, naked Hub Push Co-Working into Alibaba’s Home Town
The trend toward cosy offices with beer on tap is spreading beyond China’s first-tier cities, with Shanghai-based flexible office brand naked Hub announcing a new centre in Alibaba’s home town of Hangzhou, and US giant WeWork eyeing expansion into select… Read More>>
WeWork, naked Hub Battle for Hong Kong Co-Working Hegemony with New Centres
Global shared office giant WeWork is said to be renting three floors of a grade A office tower in Quarry Bay to launch its latest venue in Hong Kong, as the city’s co-working market continues to heat up.
The $20… Read More>>