In today’s roundup of regional news headlines, Weave Living opens its latest rental residential property in Hong Kong’s Mid-Levels, US-based Equinix eyes a second Malaysia data centre, and China property stocks tumble amid an uncertain economic recovery.
Wanda Seeks to Refinance $275M Debt Facility and More Asia Real Estate Headlines
In today’s roundup of regional real estate headlines, debt-saddled conglomerate Dalian Wanda is attempting to extend a maturing debt facility, and flexible office giant WeWork loses another C-level executive. Also in the news, Singapore’s Keppel Group buys into a Vietnam… Read More>>
WeWork Boss Sandeep Mathrani Steps Down, Joins Sycamore Partners
WeWork’s ongoing turnaround will continue without the leadership of chairman and CEO Sandeep Mathrani, who is leaving the flexible space provider to become a director at private equity firm Sycamore Partners.
Mathrani will exit his roles at WeWork on 26… Read More>>
Asia Real Estate People in the News 2023-05-15
A promotion at a Singapore-based fund manager leads this week’s roundup of personnel moves in Asia Pacific’s real estate industry, followed by a top level change at Joseph Lau’s Chinese Estates in Hong Kong. Also making the list are new… Read More>>
Wanda Talks Loan Relief With ICBC, Other Creditors and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese conglomerate Dalian Wanda reportedly discusses loan repayment extensions as IPO hopes fade, and Chengdu-based Sichuan Languang Development receives a delisting notice. Also in the news are declining losses at WeWork and a… Read More>>
Speaker Bio: Conan Quan of WeWork Greater China MTD TV Productions
Conan is the Vice President of WeWork Greater China, General Manager of WeWork North and South China, Hongkong and Taiwan, and General Manager of WeWork Greater China Community and Building Operations, who in charge of Community and Building Operations across… Read More>>
Blackstone Pulls Sale of JP Morgan Sydney HQ and More Asia Real Estate Headlines
The world’s biggest landlord leads Mingtiandi’s headline roundup today as Blackstone is reported to have shelved its attempt to sell JP Morgan’s Australian headquarters in Sydney’s central business district. Also making the news, investors are selling down Dalian Wanda Group’s… Read More>>
Wheelock Boss Splashes $7.6M for HK Condo and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Douglas Woo of Wheelock & Co bags a luxe apartment in Hong Kong’s Repulse Bay, and mainland developer Sunac warns of a 2022 loss on the order of $4 billion.
SoftBank Throws WeWork $1.5B Lifeline After Stock Slides 90% Since Listing
WeWork has struck a deal with bondholders and key backer SoftBank on a restructuring plan to cancel or convert to equity about $1.5 billion in debt and extend the maturity date of $1.9 billion in other debt, as the loss-making… Read More>>
WeWork Still Waiting to Turn a Profit After Q4 Miss and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, WeWork reports a quarterly loss nearly $200 million greater than what analysts predicted as the flexible office giant’s long-promised profitability remains far off.
WeWork Misses Analyst Views With $527M Q4… Read More>>
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