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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>>

wework Adam Neumann

WeWork Said Targeting $3.5B September IPO

2019/07/24 by Michael Cole Leave a Comment

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>>

Darshan Hiranandani

Asia Real Estate People in the News 2019-07-22 

2019/07/22 by James Hatton Leave a Comment

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>>

Adam Neumann WeWork

WeWork Boss Said to Have Cashed Out $700M As First Taipei Location Opens  

2019/07/21 by James Hatton Leave a Comment

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>>

Kevin Chee Tien Jin

WeWork Leases HSBC Building in Singapore From CapitaLand Commercial Trust

2019/07/17 by Michael Cole Leave a Comment

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>>

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