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>>
Korea’s KTB Raises $478M for US Real Estate Debt and More Asia Real Estate Headlines
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>>
GLP Eyeing $2B HK IPO for China Logistics Portfolio and More Asia Real Estate Headlines
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>>
JD, Carlyle Said Bidding for CJ’s China Logistics and More Asia Real Estate Headlines
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>>
SoftBank-Backed Beike Aims for $1B NYSE IPO
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>>
SoftBank Slashes WeWork Valuation to $2.9B and More Asia Real Estate Headlines
The changing fortunes of a co-working firm lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Softbank has slashed its valuation of its once-prized investment to $2.9 billion from $47 billion last year.
Softbank Expects $6.6B Loss on WeWork and More Asia Real Estate Headlines
Masayoshi Son’s Softbank leads Mingtiandi’s collection of real estate stories today as the Japanese tech investment firm announces that it expects to record a $6.6 billion loss on its gamble on ill-fated co-working provider WeWork.
Also in the headlines, the… Read More>>
Neumann to Sue Softbank Over WeWork Share Deal and More Asia Real Estate Headlines
A cancelled share sale leads Mingtiandi’s roundup of Asia real estate headlines today with the news that WeWork’s former boss is poised to sue Softbank for cutting the strings on his golden parachute.
In other news around the region, the… Read More>>
Mirae Needs More Time to Close $5.8B Anbang Hotel Deal and More Asia Real Estate Headlines
A luxury hotel deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the South Korean buyer is said to have asked for some more time to complete the $5.8 billion acquisition, as financing dries up… Read More>>
SoftBank Abandons $3B WeWork Share Buyout
Softbank has withdrawn its proposal to buy $3 billion in WeWork shares, following through on a letter to investors sent last month threatening a U-turn on the deal which gave it control of the troubled co-working pioneer.
The Japanese investment… Read More>>