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jose huizar

Shenzhen Developer Agrees to Pay $1M Fine in California Bribery Scandal

jose huizar

2020/10/11 by Elizabeth Kerr Leave a Comment

China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the country’s developers with the merely unprofitable now giving way to a million dollar fine in one Los Angeles case.

A unit of… Read More>>

China’s surge of overseas real estate acquisitions of the past decade continues to reap negative returns for the … Read more>>>

william tay ascendas

Ascendas REIT Buys Sydney Office Project From Frasers JV for A$167.2M

william tay ascendas

2020/09/19 by Michael Cole Leave a Comment

Singapore’s Ascendas REIT is picking up an office project in suburban Sydney, marking the second acquisition by an SGX-listed trust in the Macquarie Park area in less than a week.

The REIT managed by Singapore’s CapitaLand has agreed to purchase… Read More>>

Singapore’s Ascendas REIT is picking up an office project in suburban Sydney, marking the second acquisition by an … Read more>>>

Paul Tham Keppel REIT

Keppel REIT Buys Sydney Office Park Asset From Goodman for A$306M

Paul Tham Keppel REIT

2020/09/13 by Michael Cole Leave a Comment

The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban Sydney for S$306 million ($223 million), adding a sixth Australian commercial asset to its portfolio.

The SGX-listed trust is acquiring a… Read More>>

The manager of Singapore’s Keppel REIT announced today that it has agreed to acquire an office building in suburban … Read more>>>

Kwee Liong Keng Pontiac

Pontiac Land JV for Mayo Clinic Hotel Felled by Coronavirus

Kwee Liong Keng Pontiac

2020/09/01 by Michael Cole Leave a Comment

The Trump administration’s failure to contain the coronavirus has claimed another victim this week, and this one is located in one of America’s most esteemed medical institutions.

The Mayo Clinic announced today that its joint venture with Singapore’s Pontiac Land… Read More>>

The Trump administration’s failure to contain the coronavirus has claimed another victim this week, and this one is … Read more>>>

desmond tang Straits Real Estate

Singapore’s Straits Trading Buys UK Business Park for £76.7M

desmond tang Straits Real Estate

2020/08/27 by Michael Cole Leave a Comment

Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late yesterday that it had purchased a business park near London for approximately £76.7 million ($101 million) in cash.

The SGX-listed investment firm purchased… Read More>>

Singapore’s Straits Trading has revived the island nation’s romance with UK real estate with an announcement late … Read more>>>

wang jianlin

Dalian Wanda Sells Chicago Project for $270M to Close Out Global Portfolio 

wang jianlin

2020/08/02 by Skye Li Leave a Comment

Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for $270 million, closing out the last of an overseas property portfolio that once included projects in the US,… Read More>>

Dalian Wanda Group last week announced that it had agreed to sell its 90 percent stake in a Chicago property project for … Read more>>>

george hongchoy tb

Link REIT Buying Morgan Stanley European HQ From Hines for £371.4M

george hongchoy tb

2020/07/27 by Michael Cole Leave a Comment

Link REIT has moved forward with its first acquisition in the western hemisphere as the Hong Kong-listed real estate investment trust today announced a deal to purchase 25 Cabot Square in London for £371.4 million ($475 million).

Asia’s largest REIT… Read More>>

Link REIT has moved forward with its first acquisition in the western hemisphere as the Hong Kong-listed real estate … Read more>>>

Stephen Riady OUE

Lippo’s OUE Sells Los Angeles Tower for $430M – 34% Below Book Value

Stephen Riady OUE

2020/07/19 by Jonathan Burgos Leave a Comment

OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.

The SGX-listed developer is selling the property to USBT… Read More>>

OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that … Read more>>>

Emilia Teo TE Capital

Singapore’s TE Capital, Roxy-Pacific Buy Melbourne Office Tower for A$145M

Emilia Teo TE Capital

2020/07/07 by Jonathan Burgos Leave a Comment

TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, said it has partnered with Singapore-listed builder Roxy-Pacific Holdings to buy an office building in Melbourne’s central business district for A$145 million ($101 million).

“We are confident in… Read More>>

TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, said it has partnered with … Read more>>>

Paul House ARA Venn

ARA European Real Estate Debt Fund Raises €200M

Paul House ARA Venn

2020/07/02 by Jonathan Burgos Leave a Comment

ARA Venn, the European real estate debt fund manager controlled by ARA Asset Management, said yesterday it has raised €200 million ($225 million) for Venn Commercial Real Estate Fund II (VeCREF II), marking an initial closing for its first investment… Read More>>

ARA Venn, the European real estate debt fund manager controlled by ARA Asset Management, said yesterday it has raised … Read more>>>

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