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CapitaLand Investment CEO Lee Chee Koon

CapitaLand Investment Said Nearing Buy of $5.2B Fund Manager Amid Australia Push

CapitaLand Investment CEO Lee Chee Koon

2024/11/25 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Investment is reportedly close to acquiring Melbourne-based fund manager Wingate Group, as the Temasek-backed giant carries out a strategic realignment with Australia as a focus market.

The two sides have been in talks for at least three months… Read More>>

Singapore’s CapitaLand Investment is reportedly close to acquiring Melbourne-based fund manager Wingate Group, as the … Read more>>>

Goodwin Gaw of Gaw Capital Partners 1

Gaw Capital Checks Out of Hotel California with 76% Haircut

Goodwin Gaw of Gaw Capital Partners 1

2024/11/25 by Kevin He Leave a Comment

Gaw Capital Partners has sold a hotel in California’s Bay Area for a quarter of what it paid to acquire the property eight years ago, as hospitality occupancy and revenue in the tech hub struggle to recover to pre-pandemic levels.

… Read More>>

Gaw Capital Partners has sold a hotel in California’s Bay Area for a quarter of what it paid to acquire the property … Read more>>>

Ong Beng Seng

Singapore’s Paragon REIT Selling Its 85% Stake in Aussie Mall for $106M

Ong Beng Seng

2024/11/25 by Christopher Caillavet Leave a Comment

Paragon REIT has announced plans to sell its entire 85 percent interest in a New South Wales mall for A$163.2 million ($106.4 million), a divestment which pares the Singapore-listed trust’s Australia portfolio down to a single asset.

The deal values… Read More>>

Paragon REIT has announced plans to sell its entire 85 percent interest in a New South Wales mall for A$163.2 million … Read more>>>

Shingo Tsuji Mori Building

Japan’s Mori Building Buys 11% Stake in $4.7B NYC Skyscraper From SL Green

Shingo Tsuji Mori Building

2024/11/23 by Christopher Caillavet, Michael Cole Leave a Comment

One of Japan’s largest developers just gave a vote of confidence to New York City’s office market with Mori Building announcing late this week that it has acquired an 11 percent stake in supertall One Vanderbilt Avenue from property giant… Read More>>

One of Japan's largest developers just gave a vote of confidence to New York City's office market with Mori Building … Read more>>>

Former Chinese Estates chairman Joseph Lau

Bids for Chinese Estates London Property Said to Fall 35% Below Asking Price

Former Chinese Estates chairman Joseph Lau

2024/11/22 by Kevin He Leave a Comment

Chinese Estates Holdings is said to have received bids as low as 35 percent below asking price for an office block in London’s West End, as the Hong Kong-based developer plans to divest one of its last remaining UK investment… Read More>>

Chinese Estates Holdings is said to have received bids as low as 35 percent below asking price for an office block in … Read more>>>

Tuan Sing CEO William Liem

Singapore’s Tuan Sing Plans Redevelopment of Grand Hyatt Melbourne Podium

Tuan Sing CEO William Liem

2024/11/16 by Christopher Caillavet Leave a Comment

Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, which the Singapore-based firm owns.

Tuan Sing seeks to revitalise 121-131 Collins Street and 23-25 George Parade, currently comprising the 550-room Grand… Read More>>

Tuan Sing Holdings has submitted a planning application to redevelop the retail podium of the Grand Hyatt Melbourne, … Read more>>>

William Tay, CEO of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Developing $70M South Carolina Logistics Project

William Tay, CEO of CapitaLand Ascendas REIT

2024/11/16 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of S$94.8 million ($70.5 million).

CLAR purchased a land parcel in Summerville, South Carolina, near the southern state’s largest city of Charleston,… Read More>>

CapitaLand Ascendas REIT on Friday announced its acquisition of a US logistics project at a total investment cost of … Read more>>>

Cheng Kar-Shun, NWD

Hong Kong Tycoons Selling London West End Office to US REIT Realty Income for $162M

Cheng Kar-Shun, NWD

2024/11/11 by Kevin He Leave a Comment

A private investment vehicle backed by some of Hong Kong’s biggest property tycoons is selling a prime office building in London’s St James’s district, as the city’s real estate investors continue to divest properties after being stung by slumps at… Read More>>

A private investment vehicle backed by some of Hong Kong’s biggest property tycoons is selling a prime office building … Read more>>>

Sime Darby Property managing director, Dato’ Azmir Merican

Sime Darby Buys Melbourne Site From Singaporean Investor for $76M

Sime Darby Property managing director, Dato’ Azmir Merican

2024/11/10 by Michael Cole Leave a Comment

Malaysia’s Sime Darby has purchased a car park near Melbourne’s Queen Victoria Market from the Lim family behind Singapore construction firm Evan Lim & Co and EL development for A$115 million ($76 million).

In a deal hailed as the largest… Read More>>

Malaysia’s Sime Darby has purchased a car park near Melbourne’s Queen Victoria Market from the Lim family behind … Read more>>>

Former Chinese Estates chairman Joseph Lau

Former Chinese Estates Chairman Joseph Lau Marketing London Mansion for $117M

Former Chinese Estates chairman Joseph Lau

2024/10/31 by Kevin He Leave a Comment

Former Chinese Estates Holdings chairman Joseph Lau has reportedly put up for sale a London mansion at an asking price of £90 million ($117 million), marking the latest UK asset tied to the the fugitive tycoon and the HKEX-listed developer… Read More>>

Former Chinese Estates Holdings chairman Joseph Lau has reportedly put up for sale a London mansion at an asking price … Read more>>>

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