A pair of Softbank ventures at different stages of the venture-fueled business arc lead Mingtiandi’s collection of real estate headlines today, as the FT reports that WeWork now has more than 15,000 empty desks in Shanghai alone. That struggle in… Read More>>
Asia Real Estate People in the News 2018-09-24
Hotel and logistics professionals dominate our list of who’s secured a new job in the region, as senior level players from Intercontinental Hotels, Goodman and Ping An make an appearance, and there’s even a place for an executive formerly in… Read More>>
Sales of New Private Homes Drop 64% in SG and More Asia Real Estate Headlines
Singapore’s shift from a housing boom to a condo sale bust leads the region’s real estate headlines today as sales of new, private homes in the city-state dropped by nearly two-thirds in August. Also, making the news, JLL thinks the… Read More>>
Ziroom Pulls Listings for 20,000 Rental Homes and More Asia Real Estate Headlines
China’s nascent rental housing market hits the news again today as leading rental operator Ziroom pulls down 20,000 recent home listings over formaldehyde concerns.
Singapore’s ARA Asset Management also gets some ink as it searches for bargains in Malaysia and… Read More>>
WeWork Opens Third HK Location in Taikoo Shing and More Asia Real Estate Headlines
Hong Kong and Singapore dominate today’s real estate headlines in the region as WeWork opens its third location along the fragrant harbour and yet another set of condo owners try for a collective sale in the Lion City. Meanwhile, the… Read More>>
China Outlet Mall REIT Falls Short with $302M Singapore IPO
Ping An Real Estate-backed Sasseur REIT has driven Singapore’s biggest equity offering this year by raising S$396.0 million ($301.7 million) via a public listing on the Singapore Exchange. Chinese e-commerce giant JD.com is among the REIT’s cornerstone investors.
Including cornerstone… Read More>>
JD.com Takes Cornerstone Stake in IPO of First China Outlet Mall REIT
Chinese e-commerce giant JD.com continues to expand its brick-and-mortar empire, building on its existing ventures in physical supermarkets and convenience stores by taking a cornerstone stake in the IPO of one of the mainland’s largest outlet mall chains.
JD.com is… Read More>>
Ping An-Backed Outlet Mall Developer Plans $453M Singapore REIT IPO
Chinese retail developer and operator Sasseur Group, which is backed by Ping An Real Estate and Warburg Pincus, plans to cash in on its collection of four mainland outlet malls by listing a real estate investment trust on the Singapore… Read More>>