A few months after the fraud arrest of his wife in Ho Chi Minh City, local businessman Eric Chu Nap-Kee has sold a commercial and residential site on Hong Kong island at the heavily discounted price of HK$435 million ($55.46… Read More>>
Heitman Sells Singapore Self-Storage JV to Warburg Pincus-backed StorHub
Heitman exited a self-storage joint venture in Singapore with the sale of Mandarin Self Storage to Warburg Pincus-backed StorHub late last year for an estimated S$230 million ($172.2 million), Mingtiandi has learned.
The sale came after the Chicago-based… Read More>>
Kerry Properties Wins Residential Site in Hong Kong’s Tsuen Wan with $180M Bid
Kerry Properties won a residential site in Hong Kong’s New Territories for HK$1.44 billion ($180 million) to record the city’s first successful government land sale this year.
The HKEX-listed developer, through its subsidiary Wealthy Guide Ltd, has been awarded the… Read More>>
MTR Withdraws Tender for Lantau Island Site in Third Hong Kong Land Sale Fail of 2023
Hong Kong’s MTR Corporation has ended a tender for a HK$10 billion ($1.27 billion) project in northern Lantau island without finding a buyer after the three bids received for the commercial and residential site fell short of the government-backed transport… Read More>>
LHN Buys $60M Office Block Near Singapore Management Uni for Co-Living Venture
Singapore-listed LHN Group continues to add properties to its rental residential portfolio with a deal to purchase a commercial block in the city-state’s Rochor district for S$80 million ($60.1 million), which was revealed in a regulatory filing on Friday.
LHN’s… Read More>>
Singapore’s UOL Clinches East Coast Residential Site For $295M
A joint venture between UOL Group and its Singapore Land Group subsidiary won a residential project in Singapore’s East Coast for S$392.18 million ($295.39 million) and now plans to redevelop the project into as many as 250 luxury homes, the… Read More>>
China’s Ping An Real Estate Said Marketing Half Stake in Sydney’s Salesforce Tower
Chinese property investment firm Ping An Real Estate has put up for sale its half stake in Sydney’s A$2.4 billion ($1.67 billion) Salesforce Tower, according to reports published this week.
With the tower at 180 George Street in Circular Quay… Read More>>
Boustead Singapore Offers $213M Buyout of Property and Engineering Division
SGX-listed investment firm Boustead Singapore is proposing to take its property and construction division Boustead Projects private in an offer that values the company at S$281.9 million ($212.5 million), adding to a recent flurry of property company buyouts.
Boustead Singapore… Read More>>
Singapore’s SLB Buys South Bridge Road Commercial Assets From Hwa Hong for $10M
Singapore-listed builder SLB Development has picked up a pair of low-rise office buildings between the city-state’s Boat Quay and Clarke Quay areas with plans to renovate or redevelop the ageing assets near the Singapore River, Mingtiandi has learned.
The property… Read More>>
Singapore’s Centurion Plans $92M Sydney Student Housing Project
Singapore-based Centurion Properties is proposing to build a 732-unit student housing complex in Sydney, Australia for A$132.17 million ($91.5 million) to serve the growing demand for high quality facilities generated by a wave of returning overseas students.
A unit of… Read More>>
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