Asia real estate and outbound investment news
Weave Living is leading a S$75 million ($56 million) purchase of a hotel in Singapore’s Bugis district to mark its first acquisition in the Lion City.
The Warburg Pincus-backed rental housing platform is acquiring the row of two-storey shophouses at… Read More>>
Sim Lian Group placed the highest bid for a residential plot near Singapore’s Upper Bukit Timah area, topping a competitive field in a government tender for the suburban site on Tuesday.
Privately-held Sim Lian Land and Sim Lian Development offered… Read More>>
A Singaporean official has confirmed that regulators will start accepting applications for development of new data centre next quarter as part of a pilot program to reopen the city to development of new server facilities after a hiatus of more… Read More>>
Hongkong Land’s Singapore unit MCL Land is set to grow its portfolio of luxury Lion City condos by teaming up with local developer City Developments Ltd (CDL) for a four-tower residential complex project in the city-state’s lower east coast area.
Brookfield Asset Management has entered the student accommodation market in Australia, kicking off its first development project in Melbourne under a portfolio that it aims to grow to over A$500 million ($370.5 million) as the country reopens its borders to… Read More>>
A real estate project built by a unit of what is now CK Asset Holdings is facing a lawsuit in Singapore after homeowners complained of alleged defects in the Thomson Grand condominium complex near Lower Pierce Reservoir in central Singapore,… Read More>>
Hongkong Land Holdings saw its underlying profit hold steady at $966 million last year as strong leasing income from its Singapore portfolio helped blunt the impact of weaker performance by its office assets in Hong Kong.
The group’s underlying profit… Read More>>
State-backed ST Telemedia Global Data Centres has formed a $350 million joint venture with Ayala Corp and its Globe telecom unit to develop data centres in the Philippines, joining a legion of Singapore-based investors entering the Southeast Asian nation’s emerging… Read More>>
The Canada Pension Plan Investment Board (CPPIB) is ready to take a bigger slice of India’s commercial real estate market as it teams up for a second office joint venture with RMZ Corp with an INR 26.5 billion ($350 million)… Read More>>
Mapletree Logistics Trust has acquired a newly-built warehouse in South Korea for KRW 88.5 billion ($74 million) as the Singapore-based trust expands its footprint in one of Asia’s largest e-commerce markets.
The trust’s manager told the Singapore Exchange late Monday… Read More>>
