A Morgan Stanley-backed apartment rental operator leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the loss-making company raised $46 million through a US IPO, with shares priced at the lower end… Read More>>
China Apartment Rental Platforms File for US Listings as Losses Mount
A pair of loss-making mainland China apartment rental operators have filed for initial public offerings in the US within days of each other as pressure mounts on their balance sheets.
Beijing-based Danke is seeking to raise up to $100 million… Read More>>
Morgan Stanley Leads $100M Investment in China Rental Housing Operator QingKe
Morgan Stanley is entering China’s rental housing market for the first time by engaging in a $100 million fundraising round for a Chinese rental apartment operator. The investment by the 83-year-old US investment bank follows similar deals by compatriots including… Read More>>
