WeWork’s Chinese rival UrWork can’t use name on New York office

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UrWork’s new office location is still set to open in January at 28 Liberty Street.

WeWork

Morgan Stanley buys real estate credit platform Mesa West Capital

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The move adds $5 billion in AUM to Morgan Stanley’s investment management business.


India: WeWork in talks with Blackstone to lease space at 247 Park in Mumbai suburb

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In 2015, Blackstone had acquired the entire 1.1-million sqft building from its previous owners HCC Real Estate Ltd and IL&FS Milestone Realty Advisors Pvt. Ltd for over Rs1,000 crore.


India: Godrej Properties signs JV with Royale Builders for housing project

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Between April and July, Godrej Properties finalized land parcels—three in the National Capital Region (NCR) and one in Bengaluru.


Yotel to expand to Singapore with $250m strategic investment from Starwood

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Yotel Singapore, which will open on 1 October, will be its first hotel in Asia.


Shapoorji Pallonji buys 20-acre land parcel from BPTP in Delhi

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This is the second land parcel that BPTP has sold as part of its larger land monetisation strategy.


Data centre provider Digital Realty eyes M&As, partnerships for Asia growth

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Digital Realty is seeking to expand in its core Asia markets of Japan, Australia, Singapore and HK


BlackRock sells Singapore office tower to CapitaLand Commercial Trust for $1.5b

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The sale is the latest in a series of blockbuster commercial property deals in Singapore.


Thailand: TICON plans to convert three property funds into REITs

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It will appoint BBL Asset Management as the trustee for TREIT and complete the conversion this year.


Keppel Land acquires $45m land plot from Indonesia’s BCA

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The plot is located next to the International Financial Centre Jakarta, another tower owned by Keppel Land.