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Russell Street Causeway Bay

10% of Shops in HK’s Causeway Bay Now Empty and More Asia Real Estate Headlines

2019/09/18 by Michael Cole Leave a Comment

News from the world’s priciest shopping district leads today’s collection of Asia real estate headlines, as a new agency report indicates that nearly one in every ten shops in Hong Kong’s Causeway Bay district are now empty.

While the retail… Read More>>

co-working

Poll: WeWork and the Future of Co-Working A Mingtiandi survey

2019/09/17 by Chanapa Leave a Comment

News reports this week indicate that the We Company, the parent of co-working giant WeWork has postponed its planned IPO until at least next month.

The following survey seeks the opinions of Mingtiandi readers on the prospects for the We… Read More>>

adam neumann Wework

WeWork IPO Said Shelved

2019/09/17 by Michael Cole 1 Comment

Earlier this year bankers from Goldman Sachs were said to speak of WeWork as a company worth as much as $65 billion after it quietly filed for an IPO in late 2018. That valuation could still happen someday, but not… Read More>>

adam neumann-tb

WeWork Valuation Said to Sink to $10B as IPO Roadshow Kicks Off

2019/09/14 by Michael Cole Leave a Comment

The owners of WeWork have decided to push forward with an IPO roadshow starting this coming week, according to media reports, but that sale may be at a valuation as much as 79 percent below what shares in the company… Read More>>

adam neumann wework

WeWork IPO Road Show in Doubt as Valuation Said to Dip Below $20B

2019/09/09 by Michael Cole Leave a Comment

The kick off of marketing for an initial public offering of shares in the We Company, the parent of shared office provider WeWork is said to be in doubt as the group’s promoters struggle to win over skeptical investors.

The… Read More>>

Koreans Negotiating €1.3B-Plus Brussels Finance Tower Deal and More Asia Real Estate Headlines

2019/09/07 by James Hatton Leave a Comment

A 36-storey office tower in Brussels leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the Korean consortium that snapped up Microsoft’s UK HQ last year is negotiating the purchase of Belgium’s biggest… Read More>>

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>>

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