ESR Group grew its assets under management (AUM) 9 percent from a year ago to $147 billion by the end of June, the company said on Wednesday, despite rising interest rates and a slower market for asset sales.
“Despite a… Read More>>
Asia real estate and outbound investment news
ESR Group grew its assets under management (AUM) 9 percent from a year ago to $147 billion by the end of June, the company said on Wednesday, despite rising interest rates and a slower market for asset sales.
“Despite a… Read More>>
PropertyGuru, an online property marketplace backed by KKR and TPG, plans to pull out of the Indonesian market this year as Singapore firm retreats from a Southeast Asian expansion that has generated three years of red ink.
In a statement… Read More>>
An investment company which controls one of Asia’s largest family-owned shipping firms has snapped up an office floor near Singapore’s Orchard Road for S$24 million ($17.7 million) as the city-state’s strata office market continues to gather steam.
IMC Group, founded… Read More>>
China Evergrande Group said on Wednesday that it is facing a probe by China’s securities watchdog on alleged violations of rules regarding disclosure of financial information, with the embattled property developer later that day saying it will delay a scheduled… Read More>>
Sales of new private homes in Singapore jumped by 408 percent to 1,412 units in July from just 278 condos sold in June after developers launched 2,500 new homes during the month.
The latest figure, which excludes subsidised housing and… Read More>>
Chindata Group Holdings announced Friday that it is set to go private after the company’s board agreed to a sweetened $3.16 billion from Bain Capital, ending a bidding war between the US private equity titan and state-backed China Merchants Capital.
CapitaLand Investment Ltd’s profit after tax and minority interests plunged 19 percent to S$351 million ($260 million) in the first half of the year from S$433 million a year ago as a slow market for asset trades translated into smaller… Read More>>
CapitaLand Investment (CLI) has raised S$368 million ($273.1 million) in a first closing for its second India business park development strategy as the Singapore property giant expands its private funds business in the world’s largest country.
CLI on Thursday announced… Read More>>
Mainland China’s pilot infrastructure REIT program grew by 80 percent in value during 2022, propelling the economic giant to the fourth spot among real estate investment trust markets in Asia as many of the region’s more development markets saw steep… Read More>>
Wing Tai Holdings sold 23 percent of its upcoming condo project in Singapore’s suburban Jurong district during its launch weekend, a modest take-up for the developer which warned late last week of lower profits in its latest financial year.
The… Read More>>