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Beatrice Laforga

URA chief executive officer Lim Eng Hwee

Luxury Site in Singapore’s River Valley Tipped to Sell at a Discount Amid Housing Slump

2024/03/11 by Beatrice Laforga Leave a Comment

The dark clouds hovering over Singapore’s luxury housing market have yet to clear off with analysts predicting that a residential plot launched for tender in the city-state’s posh River Valley area on Monday could sell at a markdown compared to… Read More>>

Lucas Loh Jen Yuh

Ex-CapitaLand China Boss Lucas Loh Joins Vietnamese Developer as CEO

2024/03/08 by Beatrice Laforga Leave a Comment

Former CapitaLand China and Hopson Development boss Lucas Loh Jen Yuh has joined the region’s ‘China Plus One’ wave with a new role with a Ho Chi Minh City-based township developer, according to an announcement this week.

Loh, who spent… Read More>>

Robert Kuok

Robert Kuok’s Allgreen Completes $410M Purchase of Singapore’s Seletar Mall

2024/03/07 by Beatrice Laforga Leave a Comment

Robert Kuok’s Allgreen Properties has completed its S$550 million ($410 million) purchase of the Seletar Mall in northeastern Singapore from a joint venture of Cuscaden Peak and United Engineers Ltd (UEL), the companies announced Thursday.

Allgreen, the Singapore property development… Read More>>

Mitsubishi Estate president and chief executive Atsushi Nakajima

Japan Doubled APAC Outbound Real Estate Buys to $2.24B in 2023

2024/03/06 by Beatrice Laforga Leave a Comment

Japanese investors more than doubled their overseas acquisitions of real estate in Asia Pacific last year to spend $2.24 billion on income-earning properties around the region, at the same time that most other players were stepping back.

After spending a… Read More>>

CDL chairman Kwek Leng Beng

Singapore’s CDL Buying Paris Hotel From Blackstone for $264M

2024/03/03 by Beatrice Laforga Leave a Comment

Blackstone has turned to an old friend from Singapore to sell a Paris hotel which it had held for more than a decade, with City Developments Ltd having agreed to buy the Hilton Paris Opéra from Blackstone Real Estate Partners… Read More>>

Mapletree Logistics Trust Buying Malaysian, Vietnamese Sheds for $174M

2024/03/01 by Beatrice Laforga Leave a Comment

Mapletree Logistics Trust (MLT) is adding a warehouse in Malaysia and a pair of logistics assets in Vietnam for a total of S$234 million ($174 million), as it continues to expand its Southeast Asia portfolio.

The manager of Singapore-listed MLT… Read More>>

Singapore’s Sun Venture Expands into Hospitality With London Hotel Buy

2024/02/28 by Beatrice Laforga Leave a Comment

Singapore investment manager Sun Venture has made its first hospitality bet by acquiring a 280-key hotel in central London from UK asset manager Resolution Property for less than £100 million ($126.5 million), according to market sources familiar with the transaction.

… Read More>>

Omar Eraiqat, deputy CEO of diversified investments at Mubadala

Goldman Sachs, Mubadala Launch $1B APAC Private Debt Partnership

2024/02/26 by Beatrice Laforga Leave a Comment

Goldman Sachs and Abu Dhabi’s Mubadala Investment Company have established a $1 billion partnership to invest in private debt opportunities across Asia Pacific, including real estate, in a bid to plug a financing gap left by traditional lenders.

The partners… Read More>>

Peter Young QIP

Singapore’s QIP Expands into US Beds, Sheds as Chicago Project Moves Forward

2024/02/26 by Beatrice Laforga Leave a Comment

Singapore-based private equity real estate firm Q Investment Partners (QIP) is expanding its foothold in the US with a pair of residential development projects in Chicago and a newly built warehouse facility in New York.

QIP in mid-February announced that… Read More>>

Eugene Lim The Assembly Place

Assembly Place JV Wins Contracts for Singapore Health Worker Hostels 

2024/02/26 by Beatrice Laforga Leave a Comment

Singapore’s The Assembly Place continues to ramp up its presence in the city-state’s rental residential market with joint ventures backed by the co-living investor and operator winning government contracts to renovate and manage three hostels for healthcare workers.

Together with… Read More>>

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