In today’s roundup of regional news headlines, Singapore property tycoon Ong Beng Seng is reportedly back in the country after a post-arrest jaunt in Bali and Dalian Wanda spooks markets as it wrestles with an offshore bond nearing maturity. Also… Read More>>
Singapore URA Adding Sites to Housing Master Plan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Singapore government seeks to beef up public housing supply in an eastern neighbourhood of the island, and Aussie developer Lendlease secures the backing of Japan’s Daiwa House for a build-to-rent project in… Read More>>
SingHaiyi Katong Project Over Half-Sold in Singapore’s Biggest Launch Since 2021
SingHaiyi Group’s Grand Dunman mega development sold more than 520 of its 1,008 residential units at the weekend, the most for any Singapore project launch in over two years.
The city-fringe condo project along Katong’s Dunman Road in the upmarket… Read More>>
Chindata Takeover Battle Looms as Bain Refuses to Sell Shares Under CMC Offer
Chindata Group Holdings on Thursday acknowledged the receipt of two rival privatisation proposals from Bain Capital and state-backed China Merchants Capital, with Bain having reiterated that it doesn’t plan to sell any of its shares in the Beijing-based data centre… Read More>>
CK Asset $2.6B Sale of 21 Borrett Road Luxury Project Collapses in Hong Kong
Li Ka-shing’s CK Asset said Thursday that a deal to sell its 21 Borrett Road luxury project in Hong Kong’s Mid-Levels to Sino Suisse fell through after the Singapore-based firm failed to make the first payment on the HK$20.8 billion… Read More>>
Carlyle Seeks $4B Exit Deal for McDonald’s China and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, US private equity giant Carlyle Group reportedly seeks a buyer for part of its stake in McDonald’s China, and McKinsey warns on remote work. Also on the list, Guangzhou R&F Properties faces a… Read More>>
Mapletree Expands Japan Logistics Portfolio into Kyushu with Fukuoka Warehouse
Singapore’s Mapletree Investments has made its first foray into the logistics market of Japan’s third-largest island of Kyushu with the development of a warehouse near Fukuoka.
The first phase of Mapletree Chikushino Logistics Centre is nearing completion this month and… Read More>>
Retail a Bright Spot as Economic Slowdown Grips Hong Kong Property in First Half
Rising interest rates and a waning economic recovery in China weighed on Hong Kong’s residential, investment and land markets in the first half of the year, but the retail sector picked up notably after the February border reopening, according to… Read More>>
Pair of Peak Mansions Trade for $71.5M and More Asia Real Estate Headlines
In today’s roundup of regional headlines, a report says two mansions at Hong Kong’s Peak changed hands at a heavily discounted price, and developer GSH agrees to sell nine strata office units in Singapore’s downtown. Also, in the news, Hong… Read More>>
CapitaLand JV With UOL, SingLand Wins Tampines Mixed-Use Site for $900M
CapitaLand has teamed up with UOL and its Singapore Land unit to win a mixed-use plot in northeastern Singapore’s Tampines area with a winning bid of S$1.2 billion ($900 million), the Housing and Development Board announced Tuesday.
The 50:50 JV… Read More>>
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