Asia real estate and outbound investment news
Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according to an announcement by the office tower’s landlord today.
WeWork is set to gain occupancy of the 200,470 square foot (18,624… Read More>>
Seven months after filing for an initial public offering, WeWork is planning to raise as much as $4 billion in debt to refill its corporate coffers, according to news accounts citing sources familiar with the shared office provider’s discussions.
The… Read More>>
Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.
The private equity fund manager, which… Read More>>
In this week’s edition of People in the News, the chairman of a troubled Jiangsu-based developer that notched RMB 1 billion ($150 million) in loan defaults last year resigns for health reasons, and a top five mainland developer hires a… Read More>>
US co-working unicorn WeWork is planning to take majority control of its India affiliate in a deal worth $1.9 billion which would allow the shared-office operator to consolidate its operations, and its financial results, in preparation for an initial public… Read More>>
A scandal-ridden mainland insurance company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Beijing-based firm is ready to brave New York’s luxury condo downturn with a plan to launch sales of… Read More>>
A Singapore mall leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that two major property developers have paid the S$400M bill for their joint shopping expedition, while a Hong Kong-based private equity firm… Read More>>
In this week’s edition of People in the News, there is a change at the top for a mainland developer as well as some fresh moves in the co-working sphere in Shanghai, while Colliers brings in new blood to boost… Read More>>
WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the formation of a real estate investment and management platform backed by Canadian fund manager Ivanhoe Cambridge.
“Ark will focus on acquiring,… Read More>>
Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.
The shared office giant late on Monday revealed that… Read More>>
