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Alice Hung Yin

Family Office Buys Singapore Industrial Building From CapitaLand Ascendas REIT 

Alice Hung Yin

2023/04/24 by Beatrice Laforga Leave a Comment

The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the family office of a foreign investor, in a deal that values the asset at three times its acquisition value nine… Read More>>

The manager of CapitaLand Ascendas REIT has agreed to sell an industrial building in Singapore’s Toa Payoh area to the … Read more>>>

Christina Gaw of Gaw Capital Partners

Gaw Capital Partners Completes Acquisition of Guangzhou Outlet Mall

Christina Gaw of Gaw Capital Partners

2023/04/21 by Michael Cole Leave a Comment

Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, has completed the acquisition of an Italian-themed outlet mall in southern China’s Guangdong province for an undisclosed amount, according to a statement on… Read More>>

Hong Kong’s Gaw Capital Partners, through a fund under its management and together with additional financial partners, … Read more>>>

TE Capital's Solitaire on Cecil

Cecil Street Project Sets Singapore Price Record as 3 Floors Sell for $122M

TE Capital's Solitaire on Cecil

2023/04/21 by Michael Cole Leave a Comment

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>

A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, … Read more>>>

Stephen Schwarzman

Blackstone Real Estate Earnings Down 58% in Q1

Stephen Schwarzman

2023/04/21 by Michael Cole Leave a Comment

The world’s biggest commercial landlord said on Thursday that earnings from its real estate business fell 58 percent in the first quarter compared to the same period a year ago as a market slowdown reduced Blackstone Group’s income from asset… Read More>>

The world’s biggest commercial landlord said on Thursday that earnings from its real estate business fell 58 percent in … Read more>>>

42 Nassim Road SIngapore

Indonesian Family Buys Bungalows on Singapore’s Nassim Road for $155M

42 Nassim Road SIngapore

2023/04/19 by Beatrice Laforga Leave a Comment

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million ($155 million), according to a company representative, with a market source identifying the buyer to Mingtiandi as a wealthy Indonesian family.

The two-storey good… Read More>>

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million … Read more>>>

Mount Nicholson Hong Kong

House at Hong Kong’s Mount Nicholson Sells for $73M

Mount Nicholson Hong Kong

2023/04/18 by Christopher Caillavet Leave a Comment

A luxury home at the Mount Nicholson project on Hong Kong’s Peak has sold for HK$577.4 million ($73.5 million), showing that prices have barely budged at the exclusive development since the last time units transacted there almost four years ago.

… Read More>>

A luxury home at the Mount Nicholson project on Hong Kong’s Peak has sold for HK$577.4 million ($73.5 million), showing … Read more>>>

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

SilkRoad Enters Japan With Purchase of Six Greater Tokyo Assets for $150M

Peter Wittendorp is now APAC real estate head at HSBC AM (Image: SilkRoad)

2023/04/17 by Christopher Caillavet Leave a Comment

SilkRoad Property Partners on Monday announced the acquisition of six Greater Tokyo assets for JPY 19.5 billion ($150 million), marking the Singapore-based firm’s first investment in Japan.

The properties consist of an office building in central Tokyo and five multi-family… Read More>>

SilkRoad Property Partners on Monday announced the acquisition of six Greater Tokyo assets for JPY 19.5 billion ($150 … Read more>>>

LIberty House Club Street

Chinese Investor Buys Office Block in Singapore’s Chinatown For $70M

LIberty House Club Street

2023/04/16 by Beatrice Laforga Leave a Comment

A Chinese investor has purchased an office block in Singapore’s Chinatown from Liberty Insurance Singapore for 23 percent below the property’s original asking price, as mid-size acquisitions by wealthy individuals play a growing role in the city-state’s investment market.

A… Read More>>

A Chinese investor has purchased an office block in Singapore’s Chinatown from Liberty Insurance Singapore for 23 … Read more>>>

David Loh Kim Kang Centurion

Singapore’s Centurion Sells Seoul Student Housing Asset to Exit South Korea

David Loh Kim Kang Centurion

2023/04/16 by Beatrice Laforga Leave a Comment

Singapore-based Centurion Corp has sold off its sole student housing property in South Korea in a deal valued at KRW 21.25 billion ($16 million), as the rental residential specialist narrows the scope of it student accommodation strategy.

Centurion, together with… Read More>>

Singapore-based Centurion Corp has sold off its sole student housing property in South Korea in a deal valued at KRW … Read more>>>

Tripp Gantt, Manulife US REIT

Manulife US REIT Sells Oregon Office Park for $33.5M as Talks With Mirae Continue

Tripp Gantt, Manulife US REIT

2023/04/12 by Christopher Caillavet Leave a Comment

Singapore-listed Manulife US REIT has sold a three-building office park in Oregon for $33.5 million as it remains in ongoing discussions with South Korea’s Mirae Asset Global Investments on a potential sale of a stake in the trust’s manager.

The… Read More>>

Singapore-listed Manulife US REIT has sold a three-building office park in Oregon for $33.5 million as it remains in … Read more>>>

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