In today’s roundup of news headlines from around Asia, Amazon loses its bid to block a deal involving a business partner in India, heavily indebted China Evergrande reportedly secures a financial lifeline from state-linked companies, and ESR’s South Korean REIT… Read More>>
Jackie Chan’s Beijing Homes Put Up for Auction and More Asia Real Estate Headlines
Jackie Chan has played in more than 140 movies in his nearly 60 year film career but now the action star is starring in another real life drama as a set of apartments occupied by the actor and his family… Read More>>
Oxley Announces S$315M Offer for Chevron House Podium in Singapore
Oxley Holdings has received an expression of interest from an anonymous suitor to buy the retail and banking podium of Singapore’s Chevron House for S$315 million ($223 million), the company said this week, with the reported offer coming in 34… Read More>>
Neumann to Sue Softbank Over WeWork Share Deal and More Asia Real Estate Headlines
A cancelled share sale leads Mingtiandi’s roundup of Asia real estate headlines today with the news that WeWork’s former boss is poised to sue Softbank for cutting the strings on his golden parachute.
In other news around the region, the… Read More>>
Ex-WeWorker was Paid $2M to Hush Up Sex and Drug Claims and More Asia Real Estate Headlines
Allegations of hedonism and sexual assault lead the way in Mingtiandi’s roundup of Asia real estate headlines today as a former employee of WeWork is said to have been paid $2 million to stay quiet about the drug and sex… Read More>>
China Home Sales Plunge 90% in Early Feb and More Asia Real Estate Headlines
Mainland China’s beleaguered housing market leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the market braces for worse to come after home sales plunged 90 percent in the first week of February compared with the… Read More>>
Singapore’s Oxley Closes Out Dublin Redevelopment Project With €115M Sale
Oxley Holdings has entered into a memorandum of agreement to sell the last of five Dublin office buildings developed by the Singapore company over the last five years for €115 million ($128 million), according to a stock exchange filing.
The… Read More>>
WeWork Expected to Cut at Least 4,000 Staff This Week and More Asia Real Estate Headlines
The ongoing travails of WeWork lead Mingtiandi’s roundup of Asia real estate headlines today with the news that the shared office giant plans to cut at least a third of its 12,000 person team.
Also in the news, a Singapore… Read More>>
HK Hotel Room Rates Plunge 46% As Vacancy Soars and More Asia Real Estate Headlines
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>>
Yanlord Land Offers to Buy Out United Engineers in S$1.7B Deal
Shanghai-based Yanlord Land Group is making a mandatory cash offer for United Engineers Limited in a deal that values the century-old property company at S$1.7 billion ($1.25 billion).
The developer chaired by mainland native Zhong Sheng Jian, who is also… Read More>>
