Swedish furniture giant IKEA cuts the ribbon on its new Shanghai mall, with that story leading today’s headline roundup. Also making the list, WeWork’s India exit plan goes awry and a tender for Singapore’s Roxy Square ends with no bids.
Asia Real Estate People in the News 2024-07-08
A pair of Japan moves lead this week’s review of personnel moves from around Asia Pacific’s real estate industry, as a US private equity firm names a new chairman for the country and a Tokyo-listed REIT debuts a new CFO…. Read More>>
Paragon, RealVantage Reach First Close for $50M Fund and More Asia Real Estate Headlines
Singapore-based firms Paragon Capital Management and RealVantage lead Mingtiandi’s headline roundup today as they form a consortium for a new real estate private equity fund. Hong Kong and Singapore also make the news as the world’s most expensive cities for… Read More>>
Chinese Developer Ordered to Liquidate in Hong Kong and More Asia Real Estate Headlines
The liquidation of yet another mainland developer leads Mingtiandi’s headline roundup today as Dexin China is ordered wound up. ESR is also in the news as it looks to sell a Sydney data centre site and WeWork names a new… Read More>>
Singapore Aims to Boost Power to Data Centres by 35% and More Asia Real Estate Headlines
Singapore leads Mingtiandi’s headline roundup today as the city-state looks to ramp up its power allocation to server-hosting facilities. Also making the list, a US court approves WeWork’s bankruptcy plan and sale to Yardi and Google eyes a $2 billion… Read More>>
KKR, SingTel Eye $1B Stake in Singapore’s STT GDC and More Asia Real Estate Headlines
US private equity major KKR and Singapore Telecommunications are reportedly seeking to buy a $1 billion stake in ST Telemedia Global Data Centres, with that story leading Mingtiandi’s headline roundup today. Also in the news, Lendlease agrees to sell its… Read More>>
Korea’s NPS Targeting Higher-Yielding Strategies and More Asia Real Estate Headlines
The world’s third-largest pension fund leads today’s collection of real estate headlines from around Asia, with Korea’s NPS searching for more yield. Also on the list is Yardi’s takeover of WeWork and Digital Realty outperforming expectations on growing data centre… Read More>>
HSBC CEO Stepping Down in Surprise Move and More Asia Real Estate Headlines
HSBC needs a new boss after CEO Noel Quinn announced plans for an exit, with that story leading Mingtiandi’s headline roundup today. Brookfield also makes the list as it plans to invest in Indian real estate to the tune of… Read More>>
Casino Mooted for Country Garden Malaysia Project and More Asia Real Estate Headlines
Malaysia’s prime minister is hoping to persuade some patriotic tycoons to open a casino in Johor to revive an ill-fated Country Garden project, with that story leading Mingtiandi’s headline roundup today. India’s Embassy Group also makes the list as it… Read More>>
WeWork Selling Off Stake in India Business for $144M and More Asia Real Estate Headlines
Struggling to pay its bills globally, WeWork plans to sell its stake in its India business with that story leading Mingtiandi’s headline roundup today. Also making the list is EQT’s India data centre joint venture with Adani, which is close… Read More>>
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