In this week’s edition of Mingtiandi’s People in the News, Weave Co-Living hires a former JLL capital markets exec to drive the shared housing company’s expansion in Asia Pacific, less than a month after purchasing its fourth property in Hong… Read More>>
Weave Buys Fourth Hong Kong Property for HK$515M
Less than four months after acquiring its third property in Hong Kong, co-living operator Weave has purchased its fourth and largest building in the Asian financial hub, according to sources familiar with the transaction who spoke to Mingtiandi.
The Warburg… Read More>>
Warburg Pincus-Backed Weave Opens Second Property as Co-Living Catches On in Hong Kong
Warburg Pincus-backed Weave will throw open the doors to its second co-living space in Hong Kong next month as the two-year-old company races to keep ahead of a growing host of rivals aiming to provide millennial-friendly rental housing in the… Read More>>
Asia Real Estate People in the News 2019-08-05
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 Said Acquiring HK Serviced Apartments for HK$585M
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>>
Weave Co-Living Acquires Second Hong Kong Property
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>>
Warburg Pincus Investing Up to $413M into Hong Kong’s Weave Co-Living
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>>
Midea Real Estate Seeking $1B Listing in The City and More Hong Kong Real Estate Headlines
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>>
Sachin Doshi Closes Nearly $60M for Co-Living Platform and More Asia Real Estate Headlines
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>>
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