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Turochas Fuad spacemob

WeWork Acquires SG’s SpaceMob in $500M SE Asia, Korea Push

2017/08/07 by Greg Isaacson Leave a Comment

WeWork, the New York-based flexible office giant, has announced a $500 million investment in a new vehicle to fund its expansion in Southeast Asia and South Korea, in another milestone for the region’s co-working sector.

In tandem with the investment,… Read More>>

Thijs Hupkes Joins Aviva Investors in APAC, Middle East Role

2017/08/07 by Greg Isaacson Leave a Comment

Global asset manager Aviva Investors is ramping up its real estate offering by naming Thijs Hupkes to a newly created role serving clients across Asia Pacific and the Middle East.

Based in Singapore, the property investment executive will be responsible… Read More>>

Chan Kong Leong

Suntec REIT Buys 50% of Melbourne Office Project for $328M

2017/07/31 by Greg Isaacson Leave a Comment

Singapore-listed Suntec REIT is buying a 50 percent stake in a downtown Melbourne office project from Australian property group Mirvac for A$417 million ($328 million), according to an announcement by the REIT’s manager, ARA Trust Management (Suntec) last week.

Once completed,… Read More>>

Ang Wee Gee

Keppel, Wing Tai $327M JV Offer Tops 15 Other Bids for SG Condo Site

2017/07/31 by Greg Isaacson Leave a Comment

Keppel Land and Wing Tai Land have teamed up to place the top bid of S$446.3 million ($327 million) on a prime residential site in the Serangoon Garden neighbourhood of Singapore, where the developers intend to build over 600 homes.

… Read More>>

Wanda Swears Off Overseas Deals After Cross-Border Xi Change

2017/07/25 by Greg Isaacson Leave a Comment

Dalian Wanda Group, China’s largest commercial property builder, is reportedly in the crosshairs of the country’s top leadership as China slams the brakes on an overseas acquisition binge by ambitious private firms.

A set of penalties levied against Wanda are… Read More>>

WeWork Leads Hipster Takeover of Lan Kwai Fong – Adds HK Hotel to Co-Working Empire

2017/07/24 by Greg Isaacson Leave a Comment

Pub owners have blamed an invasion of hipsters swilling cheap beer at the local 7-Eleven for killing off some of Lan Kwai Fong’s best bars and clubs. Now the millennial menaces are poised to claim another victim in the famed… Read More>>

China Says Wanda’s Cross-Border Entertainment Deals Violate Capital Controls

2017/07/17 by Greg Isaacson Leave a Comment

Dalian Wanda Group was once the standard-bearer for Chinese companies investing overseas as the mall builder headed by Wang Jianlin bought up everything from trophy buildings to cinema chains in a global expansion drive. But that shopping spree appears to… Read More>>

tephen Schwarzma

Blackstone Said in Talks to Buy $525M Indian Property Fund

2017/07/17 by Greg Isaacson Leave a Comment

Blackstone Group is reportedly in talks to acquire a $525 million India real estate fund, adding to the US private equity giant’s $3 billion of property investments in the country. The New York-based company is looking to buy ILFS India… Read More>>

Wang Jianlin Wanda

Wanda Sells 13 Theme Parks and 76 Hotels to Sunac for $9.3B

2017/07/11 by Greg Isaacson Leave a Comment

Less than one year ago, Wang Jianlin’s Wanda Group paid $4.4 billion to privatise its Hong Kong-listed developer, Wanda Commercial Properties, in the biggest share buy-back ever on the city’s stock exchange.

While the billionaire property developer still hopes to… Read More>>

Shanghai commercial-titled housing ban

Understanding China’s Crackdown on Commercial-Titled Housing

2017/07/10 by Lu Zhou 1 Comment

Faced with skyrocketing housing prices in 2016, during the first half of this year, China implemented a fresh round of measures aimed at suppressing demand for housing, including a clampdown on financing for the real estate sector, and direct controls… Read More>>

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MTD TV

Ricky Tse of GLP Capital Partners
GLP, Heitman, JLL and BEI Group See Opportunity in Hong Kong Industrial Upgrades
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