In today’s edition of our regional news roundup, a North Carolina office tower finds a South Korean buyer, office-sharing firm WeWork mulls another path to going public after its failed IPO, and a unit of China Evergrande Group eyes the… Read More>>
Office Vacancy in HK’S Central Hits Post-2009 Peak and More Asia Real Estate Headlines
Hong Kong’s priciest district leads Mingtiandi’s roundup of Asia real estate headlines as the average vacancy level across the once red hot office market has soared to 8.5% – its highest since 2009.
In other news around the region, the… Read More>>
Wanda Sports Offloads Ironman for $730M After Stock Value Halves
Wanda Sports Group has agreed to sell its Ironman franchise to the owner of publishing house Conde Nast, just eight months after the company controlled by Chinese billionaire Wang Jianlin suffered 2019’s second-worst NASDAQ debut.
The sports and media unit… Read More>>
Public Storage Backs Out of Aussie REIT Buyout and More Asia Real Estate Headlines
A binned self-storage deal leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the highest bidder for an Australian REIT is said to have backed out of the deal, citing market conditions, having… Read More>>
Investors Pump $1B into India’s Stressed Property Assets and More Asia Real Estate Headlines
Stressed assets lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that institutional investors have invested $1 billion in stalled projects in India this year.
In other news around the region, luxury brands… Read More>>
Asia Real Estate People in the News 2019-09-09
In this week’s edition of People in the News, the CEO of a mainland China conglomerate’s sports and media arm has resigned for personal reasons, just over a month after the company scored an IPO own goal.
In other moves… Read More>>
Wanda Sports Shares Fall 36% on Debut and More Asia Real Estate Headlines
A disappointing Nasdaq IPO leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a mainland developer’s sports and media arm saw its shares drop by more than a third after scaling back the… Read More>>
ARA REIT Buys Adelaide’s Allianz Centre and More Asia Real Estate Headlines
A Singapore REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the real estate investment trust has targeted Australia’s fifth largest city with a $104 million office buy.
In other news across… Read More>>
Wanda Sports Group Files for $500M NASDAQ IPO
Wanda Sports Group (WSG), the owner of the Iron Man Triathlon franchise and soccer marketing group Infront Sports, has filed for an initial public offering in the US with a goal of raising up to $500 million, according to an… Read More>>