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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>>>

Matt Walker, CEO of student housing for Mapletree

Mapletree Marketing $583M UK Student Housing Portfolio

Matt Walker, CEO of student housing for Mapletree

2024/10/29 by Kevin He Leave a Comment

Singapore’s Mapletree Investments has put up for sale a set of 24 UK purpose-built student accommodation (PBSA) properties totaling 4,844 beds, as the Temasek Holdings-backed property firm continues to rejig its S$6.2 billion student accommodation portfolio.

The assets are owned… Read More>>

Singapore’s Mapletree Investments has put up for sale a set of 24 UK purpose-built student accommodation (PBSA) … Read more>>>

Parkway Life REIT CEO Yong Yean Chau

Singapore’s Parkway Life REIT Buying 11 French Nursing Homes for $120M

Parkway Life REIT CEO Yong Yean Chau

2024/10/23 by Christopher Caillavet Leave a Comment

Parkway Life REIT has agreed to acquire 11 nursing homes in France for €111.2 million ($120.4 million), marking the Singapore-listed trust’s maiden investment in Europe.

Healthcare-focused PLife REIT is buying the properties from operator DomusVi Group and will lease them… Read More>>

Parkway Life REIT has agreed to acquire 11 nursing homes in France for €111.2 million ($120.4 million), marking the … Read more>>>

Adam Pillay, Greystar

GIC, Wee Hur in Talks to Sell Aussie Student Housing to Greystar in $1.1B Deal

Adam Pillay, Greystar

2024/10/17 by Michael Cole Leave a Comment

US multi-family giant Greystar is closing in on a deal which would give it ownership of an Australian student housing portfolio spanning 5,662 beds, according to market sources who spoke with Mingtiandi.

The biggest rental housing landlord in the US… Read More>>

US multi-family giant Greystar is closing in on a deal which would give it ownership of an Australian student housing … Read more>>>

WEE EE LIM UOL Group

Singapore Land Confirms $352M Buy of Brookfield’s Sydney Office Tower

WEE EE LIM UOL Group

2024/10/14 by Michael Cole Leave a Comment

SGX-listed Singapore Land announced late Friday that it has teamed up with another unit of its parent firm, UOL Group, in an agreement to buy a half-stake in a Sydney office tower from Brookfield Asset Management.

The UOL Group subsidiaries… Read More>>

SGX-listed Singapore Land announced late Friday that it has teamed up with another unit of its parent firm, UOL Group, … Read more>>>

Francis Choi Chee-ming

Singapore’s Metro, Sim Lian Buy Sydney Tower From Hong Kong Toy King for $132M

Francis Choi Chee-ming

2024/10/10 by Christopher Caillavet Leave a Comment

The Australia joint venture of Singapore builders Metro Holdings and Sim Lian Group has acquired a downtown Sydney office tower from Early Light International, the Hong Kong firm controlled by toy tycoon Francis Choi, for A$196.4 million ($132 million).

Metro… Read More>>

The Australia joint venture of Singapore builders Metro Holdings and Sim Lian Group has acquired a downtown Sydney … Read more>>>

John Casasante, CEO and CIO designate at Manulife US REIT

Manulife US REIT Selling California Office Building for $117M to Repay Debt

John Casasante, CEO and CIO designate at Manulife US REIT

2024/09/30 by Christopher Caillavet Leave a Comment

Manulife US REIT has agreed to sell a California office building for $117 million, with the Singapore-listed trust planning to use proceeds from the disposal to repay all loans due in 2025.

MUST will tap existing cash and the net… Read More>>

Manulife US REIT has agreed to sell a California office building for $117 million, with the Singapore-listed trust … Read more>>>

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