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adam neumann

WeWork May Cut Valuation by Half as IPO Questions Multiply

2019/09/06 by Michael Cole Leave a Comment

Executives at the We Company, the parent of shared office provider WeWork, are considering lowering the valuation for an upcoming initial public offering by around 50 percent, according to multiple news accounts citing sources familiar with the company’s plans.

The… Read More>>

GIC Closes in On Oxford Fairmont Hotels Deal and More Asia Real Estate Headlines

2019/09/05 by James Hatton Leave a Comment

A Canadian hotels portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s sovereign wealth fund is in advanced talks to acquire a stake in the $1.5 billion set of North American… Read More>>

Lee Shau Kee

Henderson Land H1 Property Revenue Plunges 68% and More Asia Real Estate Headlines

2019/08/22 by James Hatton Leave a Comment

Hong Kong’s property woes lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the developer founded by Kong Kong’s second-richest man has recorded a steep decline in revenue from its property business for… Read More>>

barclays center

Alibaba’s Joe Tsai to Buy Brooklyn Arena for $700M and More Asia Real Estate Headlines

2019/08/20 by James Hatton Leave a Comment

Acquisitive Alibabans lead the way in Mingtiandi’s roundup of real estate headlines today with the news that a co-founder of the e-commerce titan is dunking $700 million into acquiring the home of the Brooklyn Nets as part of a $2.35… Read More>>

Luckin Coffee Q2 Losses Hit $92M and More Asia Real Estate Headlines

2019/08/17 by James Hatton Leave a Comment

Caffeine wars lead the way in Mingtiandi’s roundup of real estate headlines today as China’s pretender to the Starbucks throne roasted $92 million this past quarter in a bid to catch up with the US coffee titan.

In other news… Read More>>

Adam Neumann

WeWork Said Leasing Four Floors of HK’s Hopewell Centre for HK$2.7M Per Month

2019/08/15 by Jan Kot Leave a Comment

Despite daily protests that have brought real estate activity to new lows in Hong Kong, co-working operator WeWork has continued to take up more space in the world’s most expensive office market.

The New York-based shared space specialist is said… Read More>>

Stephen Schwarzman

Blackstone May Buy Back $2.4B Anbang Japan Portfolio and More Asia Real Estate Headlines

2019/08/15 by Michael Cole Leave a Comment

Alternative asset giant Blackstone leads today’s headline roundup with news of potential acquisitions in both Japan and India, as Mingtiandi helps you through the headlines.

In mainland China, the government’s ongoing clampdown on the housing industry continues to discourage developers,… Read More>>

adam neumann

WeWork Files IPO Prospectus, Revealing Finances of Co-Working Giant

2019/08/14 by Michael Cole Leave a Comment

The shared office giant once known as WeWork has filed the prospectus for its initial public offering, taking the latest step towards what is expected to be the second largest stock debut of this year.

The S-1 filing with the… Read More>>

Jamie Dimon, CEO and chairman of JPMorgan Chase

WeWork Said to Pick JPMorgan to Manage $6B Debt Offering, Lead IPO

2019/08/04 by Michael Cole Leave a Comment

The final timing for WeWork’s upcoming initial public offering has yet to be set, however, the office-sharing startup is close to finalising the details of a $6 billion debt offering, in a deal which indicates a launch date of not… Read More>>

Asia Real Estate People in the News 2019-07-29

2019/07/29 by James Hatton Leave a Comment

In this week’s edition of People in the News, the chief executive officer of the Indian arm of Emaar Properties hands in his resignation after thirteen months, citing personal reasons.

In other fresh moves around the region, a fund manager… Read More>>

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