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 Announces $2.9B Investment Platform with Ivanhoe, Rhone Group
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>>
WeWork Files for IPO – Valuation Remains a Mystery
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>>
GIC, COFCO Said Piloting Mainland REIT and More Asia Real Estate Headlines
The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been millimetring toward listed property trusts for more than a decade, but now seem ready to launch a pilot… Read More>>
WeWork Said to Back Out of Five Hong Kong Lease Deals and More Asia Real Estate Headlines
Mainland investors are back in a buying mood, according to news reports from China today, but the world’s biggest co-working provider may be feeling suddenly budget-conscious in Hong Kong a new account from Reuters says. Meanwhile in Singapore, the landlords… Read More>>
BlackRock Boosts Role of APAC Chief and More Asia Real Estate News
Asset managers, co-workers and smart phone makers all find their way into Asia’s top real estate stories today with news of New York-based BlackRock delegating more authority to its local team in Asia landing at the top of Mingtiandi’s list… Read More>>
WeWork Said Leasing Six Floors in TST as Hong Kong Expansion Continues
US co-working unicorn WeWork still has its foot on the gas in Hong Kong with local news sources saying the flexible space startup has just taken on six new floors in Wharf’s Harbour City complex near the Star Ferry terminal… Read More>>
WeWork Annual Loss Doubles to $2B and More Asia Real Estate Headlines
New data is now available on the arc of the global shared office phenomena and WeWork’s announcement this week that its annual loss doubled to $2 billion in 2018 has analysts wondering if the co-working craze has already passed its… Read More>>
Asia Real Estate People in the News 2019-03-18
Hotels and co-living have been gaining attention around the region as competition heats up in more mainstream real estate sectors, a trend which may be reflected in the top level appointments which lead Mingtiandi’s collection of people on the move… Read More>>
CBRE Vows to Hire 3,000 India Staff This Year and More Asia Real Estate Headlines
Real estate services leads Mingtiandi’s roundup of headlines from around the region today as agency giant CBRE announces plans to hire 3,000 new staff in India this year, after revenues grew 20 percent last year. In line with the real… Read More>>
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