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Henry Kravis KKR

KKR Follows Blackstone With REIT Withdrawal Cap and More Asia Real Estate Headlines

2023/01/20 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, buyout giant KKR limits withdrawals from a real estate vehicle, investment bank Goldman Sachs sees Hong Kong home prices falling 10 percent this year, and flex space provider WeWork announces a round of… Read More>>

Karan-Virwani WeWork India

WeWork India Raises $67M from BPEA Credit for Co-Working Growth

2022/12/27 by Greg Isaacson Leave a Comment

WeWork India has raised INR 5.5 billion (about $66.5 million) from funds managed by private credit platform BPEA Credit as the flexible office brand seeks to expand in Asia’s third-largest economy.

The funds will be used for future growth and… Read More>>

2-8a Rutland Gate London

Evergrande Boss Said Selling London’s Priciest Mansion and More Asia Real Estate Headlines

2022/10/08 by Christopher Caillavet Leave a Comment

Leading off today’s roundup of regional news headlines is China Evergrande founder Xu Jiayin, aka Hui Ka Yan, who reportedly has been unmasked as the ultimate owner of London’s most expensive house — a Knightsbridge mansion previously linked solely to… Read More>>

China Evergrande Centre Wanchai

Seizure of Evergrande Hong Kong HQ Confirmed and More Asia Real Estate Headlines

2022/09/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the seizure of China Evergrande’s Hong Kong headquarters is confirmed by public records as the debt-saddled developer pledges to restart dozens of stalled projects. Meanwhile, New York-based SL Green announces its acquisition of… Read More>>

21 Collyer Quay

WeWork Launches Singapore Co-Working Tower and More Asia Real Estate Headlines

2022/09/06 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, co-working giant WeWork launches a 21-floor location at Singapore’s Collyer Quay, HSBC cuts staff from its Hong Kong-based China debt team, and Fosun Tourism Group’s shares dip after its parent firm reportedly reduces… Read More>>

China Home Sales Slide Over May Day and More Asia Real Estate Headlines

2022/05/09 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, China’s bid to boost home sales during the Labour Day holiday week falls flat, Shanghai’s state-backed landlords suspend rent collection from tenants for up to six months, and Singapore-listed OUE Commercial REIT aims… Read More>>

WeWork CEO Sandeep Mathrani

Phoenix Property Sues WeWork for Breaking Causeway Bay Lease

2022/05/03 by Pawara Laothamatas Leave a Comment

Phoenix Property Investors is suing WeWork for abandoning a 10 year commitment to its flagship location in Causeway Bay, with the Hong Kong private equity shop said to be demanding payment of about HK$242 million ($30.8 million) on the alleged… Read More>>

jun-ohashi Actis

Asia Real Estate People in the News 2022-04-04

2022/04/04 by Michael Cole Leave a Comment

Top level moves at fund manager Actis and WeWork lead this week’s review of personnel changes from around Asia Pacific, as the UK fund manager expands into Japan and the trouble co-working pioneer reshuffles its leadership. Also reporting fresh management… Read More>>

Paul MacAndrew IWG

IWG Opening New Centre at Former WeWork Space in Swire Wanchai Tower

2022/03/28 by Christopher Caillavet Leave a Comment

Flexible office giant IWG is preparing to open its 18th Hong Kong outlet and fifth in a former WeWork location in the city, this time in a newly refurbished building owned by blue-chip developer Swire Properties.

Scheduled to open in… Read More>>

Ong Jeun Jye Sun Venture

Singapore’s Sun Venture Closes on $201M Buy of WeWork London Asset

2022/02/03 by Beatrice Laforga Leave a Comment

Singapore’s Sun Venture has completed its acquisition of a freehold office building in central London from WeWork Capital Advisors for £148 million ($201 million), keeping up a string of acquisitions by Asian investors that helped drive a record 15 trades… Read More>>

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