Short-term leases lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that landlords are offering shop tenants in Hong Kong monthly agreements as the retail sector continues to come under pressure in the Asian… Read More>>
Asia Real Estate People in the News 2019-10-07
Changes at WeWork lead this week’s edition of Asia Real Estate People in the News, with the financially challenged co-working giant already seeing changes in its leadership in the region following its failed IPO attempt.
Reports surfaced late last week… Read More>>
Salesforce to Anchor Lendlease, Ping An, Mitsubishi JV in Sydney and More Asia Real Estate Headlines
A skyscraper down under leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a three-way joint venture between a major Australian property group, a Tokyo-based developer and the real estate arm of a… Read More>>
WeWork Formally Cancels IPO as Layoffs, Cost Cuts Loom
WeWork’s planned IPO won’t work, appears to be the decision of the shared office giant’s new leadership, which announced late Monday that the We Company was withdrawing its application for an initial public offering.
“We have decided to postpone our… Read More>>
Straits Trading Agrees to Acquire Trio of Tokyo Buildings and More Asia Real Estate Headlines
Singapore’s hunger for overseas property leads Mingtiandi’s roundup of real estate headlines today as one of the city state’s most active private investment firms has agreed to buy a set of three buildings in Tokyo.
Hong Kong’s ongoing struggles also… Read More>>
WeWork’s Neumann Out as CEO After IPO Disaster
“Never settle,” is reportedly the first inspiring slogan to adorn the walls at WeWork, a company which CEO Adam Neumann, built into an empire spanning 111 cities.
Now the entrepreneur hailed as a visionary as the We Company prepared for… Read More>>
Softbank Said Joining Board Mutiny Against WeWork CEO
After the parent company of WeWork failed in its attempt to launch an IPO this month and the startup’s valuation was reported to slide by as much as 75 percent, Japan’s Softbank is now reported to have joined a shareholder… Read More>>
92% Say WeWork Worth $15B or Less, No IPO Without Path to Profit Mingtiandi Survey Results
The aftermath of the decision one week ago by the We Company, the parent firm of WeWork, to postpone its initial public offering continues to be examined in the international press, in board rooms and coffee shops as markets sort… Read More>>
Singapore-Listed US REIT Adds $143M for Acquisitions and More Asia Real Estate Headlines
Singapore’s asset hungry investors lead today’s digest of real estate news from around the region, as a REIT set up to invest in US real estate assets completes $143 million in equity fund raising to fuel its acquisitions.
The collapse… Read More>>
CLSA Renews Pacific Place Lease Despite Report of Conflict and More Asia Real Estate News
Tales of Hong Kong turmoil lead Mingtiandi’s collection of real estate news today as Hong Kong brokerage has renewed its lease at a Swire property in the city despite reports of pressure from its mainland parent to steer clear of… Read More>>
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