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Christopher Caillavet

Allen Law (Image: Seveno Capital)

Park Hotel Founder Allen Law Breached Fiduciary Duty, Singapore High Court Finds

2025/08/08 by Christopher Caillavet Leave a Comment

Singapore’s High Court on Wednesday ruled that Park Hotel Management founder Allen Law had breached his fiduciary duty to the hospitality operator by transferring some of the firm’s assets to himself “at a gross undervalue”.

During the COVID pandemic, Park… Read More>>

Cuscaden Peak CEO Gerald Yong

Cuscaden Peak to Seek Up to $584M for Singapore’s Clementi Mall

2025/08/08 by Christopher Caillavet Leave a Comment

Temasek-owned Cuscaden Peak plans to seek a buyer for The Clementi Mall in western Singapore, with market sources not involved in the transaction confirming a guide price in the range of S$730 million to S$750 million ($568.5 million to $584… Read More>>

Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

CDL Places Top Bids for Two Suburban Singapore Residential Sites

2025/08/06 by Christopher Caillavet Leave a Comment

One of Singapore’s most aggressive suitors for Government Land Sales plots is poised to add to its project pipeline, with City Developments Ltd having entered the top bid in separate tenders for two suburban residential sites.

The builder controlled by… Read More>>

Stuart Crow JLL

Korean Office Deals Lead 15% Jump in APAC Real Estate Investment

2025/08/06 by Christopher Caillavet Leave a Comment

Commercial real estate investment in Asia Pacific jumped 15 percent year-on-year in the second quarter of 2025 to hit $31.2 billion, bringing the first-half total to $67.6 billion, up 17 percent, according to JLL.

The surge was led by South… Read More>>

Teo Swee Lian, chairman of CICT's manager

CapitaLand REIT to Buy Remaining 55% of CapitaSpring Office Tower for $810M

2025/08/05 by Christopher Caillavet Leave a Comment

CapitaLand Integrated Commercial Trust on Tuesday announced plans to acquire the 55 percent it does not already own in the commercial component of downtown Singapore’s CapitaSpring building at an agreed value of S$1.05 billion ($810 million).

SGX-listed CICT will buy… Read More>>

Guy Cawthra of Lendlease REIT

Lendlease REIT Selling Office Zone of Singapore Complex to Keppel Funds for $359M

2025/08/05 by Christopher Caillavet Leave a Comment

Lendlease Global Commercial REIT has agreed to sell the office component of a mixed-use complex in western Singapore to fund manager Keppel Ltd for S$462 million ($358.5 million).

The disposal of the office zone at Jem, a commercial development connected… Read More>>

William Tay of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT H1 Net Property Income Dips 0.9% After Divestments

2025/08/04 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT’s net property income edged down 0.9 percent year-on-year to S$523.4 million ($406.7 million) during the first six months of 2025 as the Singapore-listed trust recorded lower revenue after selling a raft of assets.

CLAR’s first-half gross revenue… Read More>>

Robert Ng Sino Group

Sino Group’s Robert Ng Steps Down as Son Takes Over Chairman Roles

2025/08/04 by Christopher Caillavet Leave a Comment

Singaporean tycoon Robert Ng has called time on his chairmanship of the Hong Kong-listed Sino Group property firms, handing the reins to eldest son Daryl Ng.

The 47-year-old scion will take over as chairman of flagship builder Sino Land, as… Read More>>

Serena Teo Capitaland

CapitaLand Ascott Trust Selling Central Tokyo Hotel to Mizuho Leasing for $166M

2025/08/02 by Christopher Caillavet Leave a Comment

CapitaLand Ascott Trust continues to make moves to enhance its portfolio, with the Singapore-listed lodging REIT announcing a deal Thursday to sell an ageing hotel in central Tokyo for JPY 25 billion ($166 million).

Japan’s Mizuho Leasing is buying the… Read More>>

Yao Changlin of Joy City

Joy City Property Eyes $370M Share Buyback in Bid to Privatise Mainland Builder

2025/08/02 by Christopher Caillavet Leave a Comment

The board of Joy City Property on Thursday proposed a HK$2.93 billion ($370 million) buyback of the mainland commercial developer’s shares as part of a plan to take the Hong Kong-listed company private.

Joy City would be wholly owned by… Read More>>

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MTD TV

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