Asia real estate and outbound investment news
Mainland investor Gordon Tang is set to privatise Singapore-listed property firm SingHaiyi Group following a successful takeover bid by a private holding firm controlled by the mysterious property investor.
SingHaiyi told the Singapore bourse late Thursday that Haiyi Treasure, a… Read More>>
The Singapore government on Thursday raised taxes on residential real estate purchases and tightened lending rules in a bid to tamp down record growth in home prices and maintain housing affordability in Southeast Asia’s wealthiest nation.
The state increased the… Read More>>
Singapore’s residential market went from hot to scorching in November as hungry homebuyers and limited supply of new homes combined to drive the volume of new homes sold and prices for second-hand condos to multi-year highs, according to a pair… Read More>>
New office investment hotspots are emerging across the Asia Pacific region, according to a report released today by the asset management affiliate of Germany’s Deutsche Bank, as technology and life sciences businesses fuel demand for affordable and accessible work spaces… Read More>>
City Developments Ltd (CDL) is set to sell the Hilton Millennium Hotel in Seoul, along with an adjoining site, to local fund manager IGIS Asset Management for KRW 1.1 trillion ($930 million) as the Singapore-listed developer continues to divest loss-making… Read More>>
Hong Kong’s Shun Tak Holdings has picked up a residential site near Singapore’s posh Orchard Road shopping district for S$556.7 million ($407.5 million) as it readies another upscale residential development amid growing demand for premium homes.
The company founded by… Read More>>
Singapore-based Digital Edge has formed a $100 million joint venture with a Philippine real estate firm to build a 10 megawatt data centre in the Greater Manila area to supply the growing server hosting needs of a burgeoning tech sector.
Singapore’s sovereign wealth fund GIC has teamed up with Aussie fund manager Charter Hall to buy an office building in Canberra, Australia for A$335 million ($236.06 million) as it continues to ramp up its investment in the country’s booming office… Read More>>
Sunshine 100 China Holdings Ltd on Sunday became the latest Chinese developer to default on an overseas bond when the Beijing-based builder failed to repay $170 million of principal and $8.93 million of interest on notes due that day.
The… Read More>>
City Developments Ltd (CDL) will acquire the Central Square complex near Clarke Quay from Far East Hospitality Trust for S$315 million ($230 million), according to a statement late Thursday, as part of a plan to redevelop its neighbouring Central Mall… Read More>>
