The real estate unit of mainland e-commerce giant JD.com says it is teaming up with more than 200 Chinese property developers to offer homes at half their market value for the Singles’ Day online shopping festival coming up next month.
TPG, KKR-Backed PropertyGuru Seeks to Raise A$380M in Australian IPO
Southeast Asia property listings platform PropertyGuru has filed for an initial public offering that could value the media business at A$1.2 billion ($810 million), according to a prospectus lodged with the Australian Securities and Investment Commission this week.
The 12-year-old… Read More>>
Shared Office Space Secrets of Success Sponsored Feature
The ‘rough and ready’ coworking space is making way for a premium product underpinned by smart space design, superior amenities and state-of-the-art technology, according to Yardi’s vice president of International, Neal Gemassmer.
“What began as a small percentage of… Read More>>
JLL, Swire, Ping An Launch Mainland China’s First Proptech Accelerator
Property agent JLL, developer Swire Properties and the real estate technology arm of China’s biggest insurer Ping An kicked off mainland China’s first corporate proptech accelerator programme at an official launch in Shanghai last week.
Known as UrbanLab, the initiative… Read More>>
Warburg Pincus-Backed Trax Closes $100M Round and More Asia Real Estate Headlines
Retail proptech leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a Singapore-headquartered provider of image recognition technology that tracks products on shelves has raised $100 million in a HOPU-led funding round.
In other… Read More>>
Chinese Property Portal Juwai.Com to Merge With Malaysian Agency
Juwai.com, an online platform for marketing global properties to Chinese buyers, is merging with Kuala Lumpur-based real estate marketing firm IQI Global, according to a joint announcement by the two privately-held firms.
The merger, which comes at the same time… Read More>>
JD.Com, Qihoo 360 Buy HK$491M Stake in High-Tech Mainland Property Manager
Mainland e-commerce giant JD.com and Internet security provider Qihoo 360 Technology have agreed to buy a combined HK$491 million ($62.87 million) stake in Shenzhen-based residential property manager Colour Life, according to a statement to the stock exchange by the Hong Kong-listed… Read More>>
Property Mogul Charged with Molestation and More Asia Real Estate Headlines
The disgraced former chairman of a Hong Kong-listed developer leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the property mogul has been formally charged with sexually molesting a child.
In other news… Read More>>
How Technology Supercharges Co-Working Sponsored Feature
The coworking and flexible space trend has taken off in recent years but will need to evolve with new technology to remain relevant, says Yardi’s vice president of International, Neal Gemassmer. What’s next for coworking and flexible space?
Analysts predict… Read More>>
Landlords Accuse CITIC-Backed Proptech Platform of Not Paying Rent
China’s property innovators are hitting the headlines again this month as a property marketing and management platform tied to one of the country’s biggest investment conglomerates is reported to have defaulted on its financial commitments.
A long-term rental housing business operated… Read More>>
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