Following the success of India’s first REIT last year, Blackstone is headed back to the subcontinent’s public markets again, as the US private equity giant and local partner K Rajeha get ready to raise $599 million for an office park… Read More>>
WeWork Said Exiting Korea 2 Months After Naming New Boss and More Asia Real Estate Headlines
A troubled co-working company leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the loss-making firm, which has burned through billions of dollars worth of investment from Softbank and other backers without turning a profit, is… Read More>>
SoftBank Slashes WeWork Valuation to $2.9B and More Asia Real Estate Headlines
The changing fortunes of a co-working firm lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Softbank has slashed its valuation of its once-prized investment to $2.9 billion from $47 billion last year.
GIC Invests in $1.3B Angelo Gordon NYC Project and More Asia Real Estate Headlines
Singapore’s $100 billion sovereign wealth fund leads today’s real estate headlines from around Asia as GIC picks up an unspecified stake in a $1.3 billion Angelo Gordon project in Brooklyn.
Empty shopping malls also make the news with some of… Read More>>
Blackstone Tees Up India Logistics Push and More Asia Real Estate Headlines
Indian sheds lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a US private equity giant is alleged to be lining up a $150 million logistics deal with a major Indian developer.
In… Read More>>
30% of Hong Kong Retailers Put Staff on Unpaid Leave and More Asia Real Estate Headlines
A retail slump in Hong Kong, recovering home sales in China and an ongoing hunger for data centres lead today’s collection of real estate news from around Asia.
Months of protests in Hong Kong are adding to misery initially driven… Read More>>
HKMA Buys 25% Stake in A$1.8B Aussie Development and More Asia Real Estate Headlines
Hong Kong leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the city’s monetary authority has bought a 25 percent stake in a commercial development in Sydney, spending $304 million overseas while protests continue… Read More>>
Singapore REIT Launches S$102M Offering to Fund Aussie Buy and More Asia Real Estate Headlines
Australia leads the way in Mingtiandi’s roundup of real estate headlines today with the news that a Singapore-listed REIT has launched a preferential offering to raise funds to acquire a grade A office in Adelaide.
In other news around the… Read More>>
Wing Tai Chairman Sells SG Home for S$230M and More Asia Real Estate Headlines
Luxury property leads the way in Mingtiandi’s roundup of real estate headlines today with the news that the chairman of a Singapore-listed developer is selling his Singapore bungalow for $167 million, while car-sized living spaces generated revenue of HK$1.67 billion… Read More>>
Wing Tai JV Said Buying London Office Building for £225M
A Hong Kong joint venture fronted by a privately-held affiliate of Wing Tai Group has agreed to buy an office building in London for around £225 million ($282 million), according to market sources who were in contact with Mingtiandi.
The… Read More>>
