Asia Pacific real estate investment news and information
Shared offices with attitude and free-flow beer could convert into a $3.5 billion IPO for WeWork within the next two months, according to media reports today, citing sources familiar with the company’s plans.
While WeWork has yet to comment publicly… Read More>>
In this week’s edition of People in the News, Indian billionaire property tycoon Niranjan Hiranandani has decided to pass on the baton to his 36-year-old son, Darshan Hiranandani, naming him as the group chief executive officer of Hiranandani Group.
In… Read More>>
Within hours of US co-working provider WeWork announcing its expansion into Taiwan, a US news report revealed that co-founder Adam Neumann has cashed out more than $700 million from the company which hopes to achieve a public listing in the… Read More>>
Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according to an announcement by the office tower’s landlord today.
WeWork is set to gain occupancy of the 200,470 square foot (18,624… Read More>>
Seven months after filing for an initial public offering, WeWork is planning to raise as much as $4 billion in debt to refill its corporate coffers, according to news accounts citing sources familiar with the shared office provider’s discussions.
The… Read More>>
Phoenix Property Investors has been receiving offers of over HK$9 billion ($1.15 billion) from buyers interested in purchasing Tower 535 in Causeway Bay, according to sources familiar with the discussions who spoke with Mingtiandi.
The private equity fund manager, which… Read More>>
In this week’s edition of People in the News, the chairman of a troubled Jiangsu-based developer that notched RMB 1 billion ($150 million) in loan defaults last year resigns for health reasons, and a top five mainland developer hires a… Read More>>
US co-working unicorn WeWork is planning to take majority control of its India affiliate in a deal worth $1.9 billion which would allow the shared-office operator to consolidate its operations, and its financial results, in preparation for an initial public… Read More>>
A scandal-ridden mainland insurance company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the Beijing-based firm is ready to brave New York’s luxury condo downturn with a plan to launch sales of… Read More>>
A Singapore mall leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that two major property developers have paid the S$400M bill for their joint shopping expedition, while a Hong Kong-based private equity firm… Read More>>
