Weave Living, through a joint venture with global investor Angelo Gordon, has agreed to purchase a hotel in Hong Kong Island’s Western district for HK$900 million ($115 million) from a property firm controlled by William Cheng, the son-in-law of Henderson… Read More>>
Weave Living to Boost Portfolio by 40% with $175M Buy of Kowloon Hotel
Weave Living on Tuesday announced the formation of a $200 million joint venture with a global institutional investor to acquire the 435-room Rosedale Hotel in Kowloon for HK$1.37 billion ($175.4 million), signalling a dramatic leap in scale for the residential… Read More>>
China Could Become World’s Largest Rental Housing Market: MTD TV APAC Residential Forum 2022
Mainland China’s rental residential market could grow into one of the largest globally as rising housing prices and a thriving professional class transform housing choices in Asia’s largest economy, industry leaders said in a panel discussion as part of Mingtiandi’s… Read More>>
LaSalle, PGIM, Greystar, Weave to Share China Multi-Family Insights on Tuesday
Home prices across key cities in Greater China are now three times less affordable than in New York City according to Bloomberg data, which is both creating a class of home renting professionals and giving a boost to the region’s… Read More>>
Weave JV Buys Singapore Hotel for $56M as Rental Housing Operator Goes Regional
Weave Living is leading a S$75 million ($56 million) purchase of a hotel in Singapore’s Bugis district to mark its first acquisition in the Lion City.
The Warburg Pincus-backed rental housing platform is acquiring the row of two-storey shophouses at… Read More>>
Warburg Pincus-Backed Weave Launches 6th Hong Kong Location in Kai Tak
Weave Living has announced the opening of its sixth apartment community in Hong Kong, unveiling its conversion of a budget hotel in Kowloon East as Weave Studios Kai Tak.
The opening of the 99-unit facility was announced in a LinkedIn… Read More>>
Weave Buys Kai Tak Hotel to Add to Hong Kong Multi-Family Portfolio
Warburg Pincus-backed Weave Living has agreed to purchase a Kai Tak hotel as its sixth Hong Kong property, spending close to HK$390 million ($50 million) for the asset as the multi-family residential specialist continues to expand its portfolio.
Weave is… Read More>>
Rise of Greater China’s Young Professionals Propels Multi-Family Sector: MTD TV Multi-Family Investment Forum 2021
Young professionals with an appetite for affordable housing in big cities are fuelling activity in Greater China’s rental-residential market, according… Read More>>
Weave, Greystar, JLL to Explore Greater China Multi-Family 12 May on MTD TV
Greater China has some of the world’s most expensive housing prices, and the rising cost of home ownership in cities like Beijing, Shanghai and Hong Kong has now begun to foster build-to-rent real estate investments.
To better understand the demand… Read More>>
Weave Moves into Multi-Family With Buy in Hong Kong’s Mid-Levels
A Warburg Pincus-backed residential startup has plans for its first apartment complex in Hong Kong’s upscale Mid-Levels after buying a property for HK$295 million ($38 million).
Weave Living, which moved beyond its co-living roots in mid-2020, has already begun refitting… Read More>>
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