Real estate companies in Asia Pacific continue to jockey for the best people this week as Li Ka-shing’s CK Asset welcomes to its board a former Hong Kong consul general, a venture capital boss joins the international advisory council of… Read More>>
Asia Real Estate People in the News 2020-11-30
In this week’s edition of People in the News, a boardroom succession takes shape at Hong Kong multinational HKRI, the third generation at New World Development gains a seat on the HSBC board, and WeWork in Singapore announces a pair… Read More>>
Evergrande $3B Services IPO Approved and More Asia Real Estate Headlines
In the week’s final roundup of regional news headlines, one of China’s most indebted developers had taken another step toward securing some fresh cash as China Evergrande wins approval for its $3 billion Hong Kong property management IPO. Also in… Read More>>
Abandoned WeWork Kowloon Location to Open as New IWG Centre
Hong Kong’s prime business districts continue to welcome expansion by the world’s largest full-service flexible workspace provider, as IWG is set to scoop up more spoils from the near collapse of former co-working giant WeWork.
The Switzerland-based office operator will… Read More>>
Henderson Secures Site in HK’s Central for HK$234M and More Asia Real Estate Headlines
One of Hong Kong’s largest developers leads today’s roundup, with Henderson Land having a acquired a site in Central district with plans to develop a 20-storey residential tower on the site.
Also in the news, GIC-owned logistics… Read More>>
Asia Real Estate People in the News 2020-10-26
Today we lead off Mingtiandi’s round up of people moves around the region with some top-level turnover to go with the turmoil at Beijing-based Danke Apartments. Also in the stressed department, WeWork India has named a new CFO, chief counsel… Read More>>
Fitch Downgrades WeWork, Warns of Default and More Asia Real Estate Headlines
Over a year after its failed IPO, WeWork continues to make news with its financial struggles, as US credit rating giant Fitch warns that “default is a real possibility.”
Also in today’s real estate headlines, analysts have… Read More>>
WeWork Sells Control of China Business to Trustbridge for $200M
Beleaguered co-working operator WeWork raised some much needed cash on Thursday when it announced that it had sold a $200 million stake in its China division to a consortium led by Shanghai’s Trustbridge Partners.
Trustbridge is taking the lead among… Read More>>
Hines Founder Passes Away at 95 and More Asia Real Estate Headlines
The passing of the founder of a US blue-chip developer with projects in China, India and other APAC markets leads today’s collection of headlines from around the region, as Gerald Hines completes his final project just 95 years after it… Read More>>
Soho China Declares Blackstone Buyout Deal DOA and More Asia Real Estate Headlines
The coronavirus appears to have claimed another victim with Soho China declaring that its proposed deal with Blackstone to privatise the company had fallen apart as real estate markets struggle with shifts in valuation.
While that transaction… Read More>>
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