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Hoi Hup, Wong Swee Chun

Temasek JV Selling Andaz Singapore Hotel for Record S$475M

Hoi Hup, Wong Swee Chun

2019/10/09 by James Hatton Leave a Comment

Singapore-based Hoi Hup Realty has entered into a binding agreement to buy the Andaz Singapore hotel, according to a statement posted today on the developer’s website, in what ranks as the largest ever purchase of a single hotel asset in… Read More>>

Singapore-based Hoi Hup Realty has entered into a binding agreement to buy the Andaz Singapore hotel, according to a … Read more>>>

TPG, KKR-Backed PropertyGuru Seeks to Raise A$380M in Australian IPO 

2019/10/08 by James Hatton Leave a Comment

Southeast Asia property listings platform PropertyGuru has filed for an initial public offering that could value the media business at A$1.2 billion ($810 million), according to a prospectus lodged with the Australian Securities and Investment Commission this week.

The 12-year-old… Read More>>

Southeast Asia property listings platform PropertyGuru has filed for an initial public offering that could value the … Read more>>>

ritesh agarwal oyo

Softbank-backed Oyo Hotels Raising $1.5B to Expand into US, Europe

ritesh agarwal oyo

2019/10/07 by Michael Cole Leave a Comment

Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion into the US, Europe and other global markets.

25-year-old Oyo founder Ritesh Agarwal is leading the financing round with support from… Read More>>

Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion … Read more>>>

Rush Desai of Allianz

Blackstone Selling Japan Rental Apartment Portfolio to Allianz for €1.1B

Rush Desai of Allianz

2019/10/06 by James Hatton Leave a Comment

Blackstone has agreed to sell a portfolio of rental apartment properties in Japan to Allianz Real Estate for €1.1 billion ($1.2 billion), according to an announcement by the Paris and Munich-headquartered insurer.

Marking its entry into the Japanese residential market,… Read More>>

Blackstone has agreed to sell a portfolio of rental apartment properties in Japan to Allianz Real Estate for €1.1 … Read more>>>

Stephen Lau

Kimberley Hotel in Hong Kong’s Tsim Sha Tsui Said to Receive HK$4.8B Offer

Stephen Lau

2019/10/03 by Jan Kot 2 Comments

A four-star hotel in Hong Kong’s Tsim Sha Tsui district, which fell into receivership after its owner was tortured to death on the mainland has received an offer from an interested buyer, according to a report in the Hong Kong… Read More>>

A four-star hotel in Hong Kong’s Tsim Sha Tsui district, which fell into receivership after its owner was tortured to … Read more>>>

Pacific Place

CBRE Said Fleeing Hong Kong’s Central for Pacific Place, Kowloon East

Pacific Place

2019/10/03 by James Hatton Leave a Comment

Property services firm CBRE is set to be the latest global corporation to flee Hong Kong’s Central district, as companies continue to question whether their businesses benefit from being in the world’s most expensive office location, according to a report… Read More>>

Property services firm CBRE is set to be the latest global corporation to flee Hong Kong’s Central district, as … Read more>>>

wilson leung Angelo Gordon

Angelo Gordon Buys SG Office Tower From Keppel REIT for S$548M

wilson leung Angelo Gordon

2019/10/01 by Michael Cole Leave a Comment

Less than one month after closing on $1.3 billion in fresh cash for its latest Asia real estate fund, US private equity firm has agreed to purchase an office complex in Singapore.

The New York based fund manager has signed… Read More>>

Less than one month after closing on $1.3 billion in fresh cash for its latest Asia real estate fund, US private equity … Read more>>>

PGIM's Benett Theseira

PGIM Real Estate Achieves $447M First Close on Asia Core Fund 

PGIM's Benett Theseira

2019/09/30 by James Hatton Leave a Comment

PGIM Real Estate has reached a first close of $447 million on its Asia Core Fund, according to an announcement by the asset management unit of US financial giant Prudential.

Seeded with a $290 million portfolio of four assets in… Read More>>

PGIM Real Estate has reached a first close of $447 million on its Asia Core Fund, according to an announcement by the … Read more>>>

ben lee keppel

Keppel Buys Office Building in Shanghai’s Zhangjiang High Tech Park for RMB 493M

ben lee keppel

2019/09/30 by Jan Kot Leave a Comment

Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial property in Shanghai’s Zhangjiang High Tech Park for RMB 493 million ($69.23 million), according to an announcement by the Singapore-listed developer on Friday.

… Read More>>

Keppel Land China, the mainland property arm of Keppel Corporation, has agreed to acquire a completed commercial … Read more>>>

Sharon Lim Mapletree Commercial Trust

Mapletree REIT to Acquire Google APAC HQ in S$1.55B Singapore Biz Park Buy

Sharon Lim Mapletree Commercial Trust

2019/09/28 by James Hatton Leave a Comment

The manager of Mapletree Commercial Trust has agreed to acquire Google’s Asia Pacific headquarters in Singapore as part of a S$1.55 billion ($1.14 billion) purchase of four buildings in the city’s Pasir Panjang area.

Mapletree Commercial Trust Management, in an… Read More>>

The manager of Mapletree Commercial Trust has agreed to acquire Google’s Asia Pacific headquarters in Singapore as part … Read more>>>

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