* SoftBank Group Corp. will propose to provide about US$5 billion in financing to The We Co., the parent of coworking giant WeWork Cos. Inc., the Nikkei Asian Review reported. The additional investment will not give the Japanese conglomerate a majority in terms of voting rights. WeWork is also in talks with JPMorgan Chase & Co.-led backers for a potential debt package of around US$5 billion.
* A joint venture between Allianz Real Estate and Alpha Investment Partners Ltd. acquired an 85% stake in Ronsin Technology Center, an office complex in Beijing, for about S$1.3 billion. The transaction is expected to complete in the fourth quarter.
* Blackstone Group Inc. is finalizing negotiations with an unnamed overseas investor for the sale of Emergent Cold-occupied properties in Queensland for approximately A$350 million, The Australian reported. CBRE Group Inc. is overseeing the off-market deal.
* Charter Hall Group's Charter Hall Prime Industrial Fund now has the capability to grow its assets to more than A$5 billion after raising A$725 million its latest funding round, IPE Real Assets reported. Local and offshore investors have committed to the industrial property fund, which owns a A$3.9 billion portfolio of 63 properties.
* Ingenia Communities Group raised A$131 million for planned purchases of estates and for investments into its joint venture with U.S.-based Sun Communities Inc., The Australian reported. The Australia-listed retirement living trust earmarked about A$102.7 million for the potential acquisition of six development sites including three established communities.
* Country Garden Holdings Co. Ltd. renamed its international property development business Risland Holding Pte. Ltd., The Australian Financial Review reported. Risland Holding has projects in countries including the U.S., New Zealand, Thailand, India and Indonesia, according to its website.
* Best Mart 360 Holdings Ltd. said 59 retail stores of the group were damaged by the protests in Hong Kong as of Oct. 13. The company also noted that recent unrest in the city might affect the group's financial performance.
* Yuzhou Properties Co. Ltd. obtained a US$220 million 42-month loan facility from a group of financial institutions, with an option to increase to US$300 million.
* Kaisa Group Holdings Ltd. is issuing US$400 million of 11.95% senior notes that will mature Oct. 22, 2022. Net proceeds from the offering will be used to refinance the company's existing medium- to long-term offshore debts scheduled to mature within a year, according to a filing.
* CK Asset Holdings Ltd. received 1,600 deposits for units it is offering at its Seaside Sonata development, or 6.3 times oversubscribed, Hong Kong Economic Times reported.
* Hong Kong Chief Executive Carrie Lam unveiled a number of property measures including a mortgage insurance program for first-time homebuyers. Additionally, the embattled leader also urged developers in the city to support the land resumption ordinance for the construction of public housing and homes for first-time buyers.
* Mapletree Commercial Trust plans to raise at least S$902.3 million from issuing new units, of which about S$884.9 million is earmarked for the purchase of the second phase of the Mapletree Business City Development and the adjacent common premises.
* CBRE launched the public tender for the two-story bungalow at 40 Nassim Rd. The marketing agent expects the property, which has a total floor area of approximately 13,839 square feet and a land area of about 58,784 square feet, to attract offers exceeding S$175 million before the tender closes on Nov. 14.
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Aries Poon, Emily Lai and Jaekwon Lim contributed to this report.