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adam neumann wework

WeWork Said Co-Working with Goldman, JP Morgan to Raise Up to $4B in Debt Pre-IPO

2019/07/08 by Michael Cole Leave a Comment

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>>

Samuel WT Chu and Benjamin KY Lee

Phoenix Property Said Receiving Offers Over HK$9B for WeWork’s Causeway Bay Home

2019/07/01 by James Hatton Leave a Comment

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>>

Asia Real Estate People in the News 2019-06-24

2019/06/24 by James Hatton Leave a Comment

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>>

adam neumann india

WeWork Said Planning to Buy Back India Business for $1.9B

2019/06/17 by Jan Kot Leave a Comment

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>>

Wu Xiaohui Anbang

Anbang Launches Sales of Waldorf Astoria Condos and More Asia Real Estate Headlines

2019/06/12 by James Hatton Leave a Comment

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>>

LEE_Chee_Koon CapitaLand

CapitaLand, CDL Complete S$400M Buy of PGIM Mall in SG and More Asia Real Estate Headlines

2019/06/04 by James Hatton Leave a Comment

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>>

Asia Real Estate People in the News 2019-05-20

2019/05/20 by James Hatton Leave a Comment

In this week’s edition of People in the News, there is a change at the top for a mainland developer as well as some fresh moves in the co-working sphere in Shanghai, while Colliers brings in new blood to boost… Read More>>

rich gomel ark

WeWork Announces $2.9B Investment Platform with Ivanhoe, Rhone Group

2019/05/16 by Michael Cole 1 Comment

WeWork parent The We Company continued its drive to expand beyond its co-working roots today as it announced the formation of a real estate investment and management platform backed by Canadian fund manager Ivanhoe Cambridge.

“Ark will focus on acquiring,… Read More>>

Adam Neumann WeWork

WeWork Files for IPO – Valuation Remains a Mystery

2019/04/30 by Michael Cole 1 Comment

Less than one month after revealing that its losses reached $1.9 billion in 2018 – more than double its 2017 deficit – WeWork has filed for an IPO in the US.

The shared office giant late on Monday revealed that… Read More>>

Zhou Zheng

GIC, COFCO Said Piloting Mainland REIT and More Asia Real Estate Headlines

2019/04/20 by Michael Cole Leave a Comment

The launch of India’s first REIT last month may have served as a wake up call for Chinese regulators, who have been millimetring toward listed property trusts for more than a decade, but now seem ready to launch a pilot… Read More>>

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