In this week’s edition of People in the News, Singapore’s UOL Group has announced that Frasers Hospitality’s former chief executive officer will be taking up a new role at UOL Group subsidiary Pan Pacific Hotels Group, after 23 years with… Read More>>
Weave co-living is in the process of acquiring a serviced apartment complex at 123 Queen’s Road West in Hong Kong, according to market sources.
The Hong Kong-headquartered firm is said to be paying approximately HK$585 million to purchase the 23-storey… Read More>>
Warburg Pincus-backed Weave Co-living has completed the acquisition of its second property in Hong Kong, with this latest investment coming nine months after the company opened its first location next to Kowloon’s Prince Edward MTR station.
The new property, located… Read More>>
US private equity firm Warburg Pincus on Monday announced that it is investing up to $413.5 million into Weave Co-living, and has launched the partnership with a $181 million bet on the sharing economy startup.
The partnership with Weave is… Read More>>
Leading today’s Hong Kong real estate news, the real estate arm of the home appliance company Midea is seeking an initial public offering in Hong Kong Stock Exchange.
Also in the headlines, CK Assets’ Victor Li is urging the government… Read More>>
Co-working, co-living, co-biking and other hits of the sharing economy continue to lead the headlines today as a former pension fund executive raises $60 million to invest in shared living spaces. Also in the news, The Economist decides Singapore is… Read More>>