Uhouzz Network Technology, a China-based online platform that provides homes sales and rental services for overseas students, has raised a $14 million Series B round led by Translink Capital.
Dutch pension fund manager APG Asset Management has committed $175 million to Virtuous Retail South Asia (VRSA), its India-focused retail joint venture with London-based emerging markets investment firm Xander Group.
UK-based Airbnb management company Hostmaker has received a $15 million round led by Hong Kong private equity firm Gaw Capital and Thailand real estate developer Sansiri for an Asian expansion.
Private equity-backed Vincom Retail, the leading shopping mall operator in Vietnam, has completed the country’s largest-ever IPO, after increasing the size and pricing of its offering to raise VND16.8 trillion ($740 million).
A group of investors including Meridian Capital and Eastern Bell Venture Capital has invested RMB90 million ($13.6 million) in China-based retail property-leasing platform Putiandi.
Chinese PE firm Yunfeng Capital has led a $120 million Series E round of funding for Xiaozhu.com, a Beijing-based short-term rentals platform.
Warburg Pincus has secured its first partial exit in Southeast Asia after Vietnam-based shopping mall operator Vincom Retail raised VND16.1 trillion ($709 million) in its IPO.
Tujia's access to property supply and consumer traffic channels in China give an edge that other market entrants struggle to replicate. This gave All-Stars Investment the confidence to co-lead a $300 million round
Indian hotel chain Lemon Tree Hotels has filed for an IPO that will provide a partial exit for Warburg Pincus.
Next Capital has agreed to sell its controlling stake in Australia-based aged care business Infinite Care to Moelis Australia. The GP first invested in the company in December 2014.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $50 million investment in Indian developer Mahindra Lifespace (MLDL).
China-focused private equity firms Hony Capital and Poly Capital have partnered with Digital Domain Holdings, a Hong Kong-listed digital visual effects and virtual reality (VR) technology developer, to establish a joint venture that will open VR theaters...
US-based co-working space operator WeWork has received commitments totaling $4.4 billion from Japan’s SoftBank Group and its SoftBank Vision Fund.
US-based co-working space operator WeWork plans to acquire Singapore-based counterpart Spacemob for an undisclosed sum. The capital will come from a $500 million investment pool established to fuel WeWork's expansion in Southeast Asia and South Korea.
Fabhotels has received $25 million in Series B funding from Accel Partners and Goldman Sachs to give India's budget hotel space a technology-enabled upgrade
US-based co-working space operator WeWork has raised $500 million from investors led by Hony Capital and Japan’s SoftBank to create a dedicated Chinese entity as part of efforts to compete with local rivals.
Asian co-working space operators Naked Hub and JustCo have decided to join forces to fend off competition from WeWork, a US-based sector leader now encroaching on the regional market. As a joint expansion program rolls out, pricing control will be a key...
Gome Holding Group, one of China's largest electrical appliance retailers, has invested RMB216 million ($31 million) in a Series C round of funding for Ikongjian.com, a VC-backed online-to-offline (O2O) interior design platform.
Bigger, a Beijing-based co-working space operator established by Hong Kong-listed property developer Modern Land, has completed a $18 million Series A round led by an investment unit of real estate company Hongfu Group.
Chinese PE-backed co-working space operators UrWork and 5Lmeet – both of which were founded by Daqing Mao, formerly a real estate executive at China Vanke – have raised a total of RMB800 million ($116 million) from conglomerate Beijing Xingpai Group.
Co-working spaces are proliferating in Asia as companies – from multinationals to start-ups – opt for more flexible real estate arrangements. The transition is real, but are the valuations justified?
Canada Pension Plan Investment Board (CPPIB) has committed $500 million to IndoSpace Core, a joint venture focused on acquiring and developing logistics facilities in India.
The International Finance Corporation (IFC) is considering an investment of up to $40 million in debt in Aavas Financiers, a housing finance business that Partners Group and Kedaara Capital bought last year from non-banking financial company (NBFC) Au...
UrWork, a Chinese VC-backed co-working office space provider, has agreed to merge with its industry peer New Space. The combined entity will be worth RMB9 billion ($1.3 billion).