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john lim ara

ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines

2020/07/22 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.

A pair of Softbank-backed startups also reappear with more bad news,… Read More>>

IWG Eyes £315m War Chest to Fund Growth and More Asia Real Estate Headlines

2020/05/29 by James Hatton Leave a Comment

A flexible office provider leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the company formerly known as Regus looks to raise $389 million in a share offering.

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

intercontinental miami

Mirae Blames Chinese Side for Failed $5.8B Hotel Deal and More Asia Real Estate Headlines

2020/05/02 by Michael Cole Leave a Comment

A pair of Asian companies doing their best not to own a set of US luxury hotels leads today’s real estate news as Korea’s Mirae Asset Management and China’s Dajia Insurance hurl blame at each other over a failed $5.8… Read More>>

oyo china

Softbank’s Oyo Furloughs Thousands as Operations Freeze and More Asia Real Estate Headlines

2020/04/14 by James Hatton Leave a Comment

A Softbank-backed hotel company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the budget accommodation chain has furloughed thousands of staff.

In other news around the region, sliding home rents in one… Read More>>

oyo china

Oyo Hotels Said to Cut Over 72% of China Staff

2020/03/14 by Michael Cole Leave a Comment

Oyo Hotels has cut its China staff by more than 72 percent since late 2019, according to a local news report last week, as the Softbank-backed company struggles to reach profitability less than one year after declaring itself the world’s… Read More>>

ritesh agarwal Oyo

Oyo Said Cutting 60% of China Workforce and More Asia Real Estate Headlines

2020/03/04 by James Hatton Leave a Comment

A Softbank-backed hotel platform leads the way in Mingtiandi’s roundup of Asia real estate headlines today with a report that the Indian firm plans to cut 60 percent of its workforce in China.

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

ritesh agarwal Oyo

Oyo Losses Widen to $335M on China Expansion and More Asia Real Estate Headlines

2020/02/18 by James Hatton Leave a Comment

SoftBank-backed losses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Masayoshi Son’s favourite budget hotel chain has reported that its net losses reached $335 million for the year ended 31 March 2019.

… Read More>>

ritesh agarwal Oyo

Oyo Hotels Cutting 20% of India Staff, 65,000 Rooms Vanish From Website

2020/01/14 by Michael Cole Leave a Comment

Just over seven months ago, India’s Oyo Hotels proclaimed itself the world’s third largest hotel. Now the Softbank-backed startup is cutting headcount in its home market by around one-fifth, as it struggles for profitability.

Valued at as much as $10… Read More>>

abhinav ankur oyo

Asia Real Estate People in the News 2020-01-13

2020/01/13 by Michael Cole Leave a Comment

Asia’s real estate professionals are starting 2020 with a flurry of new roles as the mis-adventures of Japanese venture capital firm SoftBank help drive the largest portion of Mingtiandi’s list of job switches from around the region. In India, Oyo… Read More>>

Oyo Hotel Guilin

Mainland Hoteliers Get Hostile With Oyo and More Asia Real Estate Headlines

2020/01/09 by James Hatton Leave a Comment

A Softbank-backed hotel chain leads Mingtiandi’s roundup of real estate headlines today with the news that hostile hostelry owners had stormed the startup’s Shanghai office in an attempt to collect overdue payments.

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

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