Asia real estate and outbound investment news
The international unit of Shanghai-based data centre firm GDS Holdings has won the backing of Japan’s SoftBank and Citadel boss Ken Griffin for an upsized Series B round to raise $1.2 billion in equity.
The new commitments from the SoftBank… Read More>>
A scion of a Singapore department store dynasty seeks to sell his good-class bungalow for $62 million, with that story leading Mingtiandi’s headline roundup today. South Korea’s KIC also makes the list as it allocates $400 million for domestic asset… Read More>>
WeWork, the flexible office operator which once promised to “elevate the world’s consciousness, in its second quarter earnings report on Tuesday declared “substantial doubt” regarding the company’s ability to continue operating amid ongoing losses and declining membership.
While WeWork trimmed… Read More>>
Abu Dhabi’s Mubadala Investment Company is teaming with executives of Fortress Investment Group in a takeover of the US fund manager, having agreed to acquire the 90.01 percent stake in Fortress currently held by Japanese venture investor SoftBank.
“Fortress is… Read More>>
WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity about $1.5 billion in debt and extend the maturity date of $1.9 billion in other debt, as the loss-making… Read More>>
In today’s roundup of regional news headlines, a Softbank-owned investment firm is reportedly seeking to buy Japanese department store Sogo & Seibu, an acquisition deal for Singapore’s Sime Darby Business Centre collapses, and the fate of a crypto investor’s luxury… Read More>>
In today’s roundup of regional news headlines, South Korea’s KTB closes on capital commitments for a fund investing in mortgage loans for US multi-family housing, Softbank-banked Oyo Hotels reportedly contemplates an India IPO, and Cushman & Wakefield is in talks… Read More>>
In today’s roundup of regional news headlines, fund manager GLP weighs a spinoff of its mainland logistics portfolio into a REIT, data centre operator BDx expands capacity at its Singapore facility, and Hong Kong’s lived-in home prices are on track… Read More>>
In today’s serving of regional news headlines, investors including one of China’s largest e-commerce operators, and a US private equity powerhouse are said to be bidding for the assets CJ Rokin’s China business, as the South Korean firm moves on… Read More>>
China’s largest property listings website, Beike, is attempting a $1 billion IPO on the New York Stock Exchange despite signs that stock markets are becoming part of growing tensions between the US and mainland China.
On July 24, KE Holdings… Read More>>
