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Beatrice Laforga

Chris Heady, head of Asia real estate at Blackstone

Blackstone Buys Sydney Logistics Complex From Charter Hall for $39M 

2024/04/30 by Beatrice Laforga Leave a Comment

Blackstone has acquired a south Sydney industrial complex from Charter Hall for A$55.75 million ($39.4 million), according to sources familiar with the transaction, as Australia’s logistics real estate market continues to show opportunities for rising income.

Colliers and CBRE, which… Read More>>

ChingChiatKwong oxley holding

Singapore’s LHN Inks Second Co-Living JV This Month with Oxley Boss Ching Chiat Kwong

2024/04/23 by Beatrice Laforga Leave a Comment

LHN Group has signed its second deal this month with the family behind listed builder Oxley Holdings, with the partners now working on two rental residential projects in Singapore’s District 6.

The developer announced to the SGX on Monday that… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore Site Tender Triggered One Week After CDL-Mitsui Awarded Neighbouring Plot

2024/04/22 by Beatrice Laforga Leave a Comment

Less than a week after a joint venture between City Developments Ltd and Mitsui Fudosan of Japan captured a residential project in Singapore’s upscale District 10 with a below-market bid, an unnamed developer has made an offer on an adjacent… Read More>>

tim-cook

Apple Investing $250M to Expand Singapore Hub in the Age of AI

2024/04/18 by Beatrice Laforga Leave a Comment

As Singapore grows in prominence as a financial centre, Southeast Asia’s wealthiest nation continues to serve as the top tech hub in the region, with iPhone maker Apple announcing on Wednesday that it will upgrade and expand a set of… Read More>>

Sherman Kwek of CDL

CDL-Dominated Building on Singapore’s Orchard Road Up for Sale at $321M

2024/04/18 by Beatrice Laforga Leave a Comment

Singapore’s Orchard Road continues to be a redevelopment hot spot with an ageing building near the Four Seasons and Pan Pacific Orchard hotels launched for sale on Thursday at a reserve price of S$438 million ($321 million).

Delfi Orchard, an… Read More>>

su baolin Singapore

OCBC Marketing Sentosa Site to Recover Losses From $2.2B Money Laundering Case

2024/04/16 by Beatrice Laforga Leave a Comment

Oversea-Chinese Banking Corp (OCBC) is putting up for sale a residential plot on Singapore’s Sentosa island, after repossessing the property from a suspect arrested in the city-state’s S$3 billion ($2.2 billion) money-laundering case.

OCBC has appointed Edmund Tie to manage… Read More>>

GuocoLand-Hong Leong Lentor JV Leads Singapore Home Sales Rebound in March

2024/04/15 by Beatrice Laforga Leave a Comment

New private home sales in Singapore climbed 46 percent year-on-year to 718 units in March, snapping two months of decline as a new project by GuocoLand and Hong Leong Holdings accounted for nearly 57 percent of the monthly total.

Lentor… Read More>>

Du Shuanghua

Mainland Investor Du Shuanghua Backs Out of Singapore’s Biggest Property Deal of 2023 

2024/04/14 by Beatrice Laforga Leave a Comment

Chinese-backed investor Bright Ruby Resources has walked away from the largest property deal signed in Singapore during 2023, cancelling its planned S$908 million ($668 million) purchase of a shopping mall on Orchard Road after failing to win government approval to… Read More>>

ESR-Logos REIT chief executive Adrian Chui

ESR-Logos REIT Selling Melbourne Shed to Australia’s Fife Capital for $43M

2024/04/13 by Beatrice Laforga Leave a Comment

ESR-Logos REIT is selling a logistics facility outside Melbourne, Australia to alternative asset manager Fife Capital for A$65.5 million ($42.75 million), as the Singapore-listed trust continues to sell down peripheral assets.

The trust’s manager on Wednesday announced that it has… Read More>>

Christina Tan of Keppel

Singapore’s Keppel Tallies $1.7B Raised for Greener Cities With APAC Fund Closing

2024/04/08 by Beatrice Laforga Leave a Comment

Keppel Ltd has found some like-minded investors ready to bet that making the built environment more sustainable can also boost profits, with the Singaporean group announcing on Monday that it has brought its green urban renewal strategy to $1.7 billion… Read More>>

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MTD TV

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