Leading today’s roundup, the world’s second-biggest hotelier is forging a partnership with China’s top real estate developer by sales to manage hotels across the mainland. Also in the headlines, the former chairman of Anbang Insurance is appealing a fraud conviction… Read More>>
Blackstone Buys NZ Offices from GIC, Goodman for $438M and More Asia Real Estate Headlines
New Zealand leads today’s roundup as Blackstone scoops up a set of office buildings in Auckland from a joint venture of Singaporean sovereign wealth fund GIC and a trust managed by Aussie industrial builder Goodman Group. Also in the headlines,… Read More>>
WeWork to Open Two Centres in Jakarta Amid SE Asia Growth Drive
Global flexible office giant WeWork is ramping up its presence in Southeast Asia with an upcoming debut in Indonesia, potentially followed by Thailand, Malaysia and the Philippines by year-end, the company announced.
The $20 billion New York-based startup will open… Read More>>
Chinese Builder Gets Greenlight for 2nd Melbourne Tower and More Asia Real Estate Headlines
Leading today’s roundup, low-profile Chinese developer Holder East has won approval for the design of a 208-unit residential tower in Melbourne, less than a week after getting the green light for another high-rise apartment building in the same city. Also… Read More>>
Kaisa Could Return to International Bond Market and More Asia Real Estate Headlines
One of the best-known names in Asian financial markets may be returning to the region’s bond trade as Kaisa Group hopes that the newfound appetite for Chinese developer debt may make investors overlook its 2015 default and 2016 restructuring. Also… Read More>>
WeWork Expanding India Co-Working JV to 22 Centres and More Asia Real Estate Headlines
Leading today’s roundup, WeWork’s joint venture in India is poised to lease 2.1 million square feet of space for up to 22 new centres in three cities, as the US-based flexible office giant seeks an edge over local rival CoWrks…. Read More>>
WeWork Buys China Co-Working Start Up naked Hub for Reported $400M
Global co-working giant WeWork is acquiring Shanghai-based naked Hub for a reported $400 million with the two parties issuing a joint statement today.
“China-born naked Hub and WeWork may come from vastly different backgrounds, but there is more that binds… Read More>>
HNA Misses $1.4B Payday as Airline Service IPO Scrapped and More Asia Real Estate Headlines
A trio of mainland conglomerates are claiming the attention of market watchers today, with HNA leading the news with a missed attempt at a $1.4 billion IPO in Switzerland. The troubled investment firm’s tech counterpart looks to be in worse… Read More>>
WeWork Leases Four Floors From Swire in Hong Kong’s Quarry Bay
WeWork has leased four floors in Swire Properties’ Taikoo Shing on Hong Kong island, the company has revealed to Mingtiandi, as the US co-working startup confirms an expansion plan first reported last November.
The 54,000 square foot space in Cityplaza… Read More>>
Asia Real Estate People in the News 2018-03-12
Leading today’s roundup of real estate job changes, an agency alum has taken a top job at a Warburg Pincus-backed industrial developer in Vietnam, and an urban design veteran is moving to China’s Tianjin to work for AECOM. Singapore’s Mapletree… Read More>>
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