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Christopher Caillavet

URA chief executive officer Lim Eng Hwee

Singapore Home Sales Hit Five-Month High as Buyers Shrug Off Cooling Measures

2025/08/16 by Christopher Caillavet Leave a Comment

New private home sales in Singapore hit their highest level in five months in July, as buyers pounced on a trio of project launches and brushed aside fresh cooling measures.

Excluding the public-private hybrid executive condo segment, developers sold 940… Read More>>

CapitaLand Investment CEO Lee Chee Koon

CapitaLand Investment H1 Profit Dips 13% After Asset Divestments

2025/08/15 by Christopher Caillavet Leave a Comment

CapitaLand Investment’s attributable profit fell 13 percent year-on-year to S$287 million ($224.2 million) in the first half of 2025, as the bottom line took a hit from the absence of contributions from divested assets and lower fund performance at the… Read More>>

Stuart Dawes Gateway

Gateway Capital Buys Blackstone Sydney Warehouse to Help Seed $524M Fund

2025/08/14 by Christopher Caillavet Leave a Comment

Sydney-based Gateway Capital is aiming to assemble a portfolio of A$800 million ($524.4 million) in Australian industrial assets and has kicked off the fund with the acquisition of a warehouse in Sydney’s western outskirts from private equity titan Blackstone.

The… Read More>>

Evergrande Xu Jiayin

Evergrande to Delist From HKEX as Liquidators Reveal $45B in Debt Claims

2025/08/13 by Christopher Caillavet Leave a Comment

China Evergrande shares will cease to trade publicly on the Hong Kong stock exchange later this month, according to the collapsed mainland developer’s liquidators, who revealed Tuesday that the company owes much more to creditors than previously thought — effectively… Read More>>

Kwek Leng Beng

Singapore’s CDL Posts 3.9% H1 Profit Growth as Kwek Family Feud Recedes

2025/08/13 by Christopher Caillavet Leave a Comment

City Developments Ltd posted a 3.9 percent year-on-year rise in attributable profit to S$91.2 million ($71.2 million) for the first half of 2025, with the Singaporean giant turning the page after a boardroom tussle marred the early months of the… Read More>>

Calvin Chou, Invesco Real Estate

Invesco Buying Australia Retirement Village Group From New Zealanders for $551M

2025/08/08 by Christopher Caillavet Leave a Comment

Invesco has agreed to acquire a developer of retirement villages in Australia for A$845 million ($551.3 million), as the US asset manager continues to make bets on Asia Pacific senior living.

Invesco’s real estate arm will purchase RetireAustralia from a… Read More>>

Centurion group CEO Kong Chee Min

Centurion H1 Profit Dips 38% on Lower Valuation Gains as Revenue Jumps 13%

2025/08/08 by Christopher Caillavet Leave a Comment

Centurion Corp’s first-half attributable profit fell 38 percent year-on-year to S$73.9 million ($57.5 million) as the Singaporean developer of purpose-built accommodation booked lower fair-value gains on investment properties during the period.

Revenue rose 13 percent year-on-year to S$140.7 million on… Read More>>

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>>

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