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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>>>

BIell Crystal's Yeung Kin Man

Smartphone Screen Giant Consolidates Prime Kowloon East Site

BIell Crystal's Yeung Kin Man

2023/04/16 by Mingtiandi Team Leave a Comment

Capping a more than nine-year process, Hong Kong-based Biel Crystal has acquired the last piece of a prime site in Kowloon East’s Kwun Tong area, paving the way for a 39-storey tower.

On 12 April the company took full ownership… Read More>>

Capping a more than nine-year process, Hong Kong-based Biel Crystal has acquired the last piece of a prime site in … 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>>>

AXA Kyoto Fushimi

AXA IM Buys Japan Nursing Homes and More Asia Real Estate Headlines

AXA Kyoto Fushimi

2023/04/15 by Michael Cole Leave a Comment

Japan leads Mingtiandi’s roundup of Asia real estate news today as AXA makes its latest residential acquisition in the country and casinos make their debut in Asia’s second largest economy with the government approving an integrated resort in Osaka. Meanwhile,… Read More>>

Japan leads Mingtiandi’s roundup of Asia real estate news today as AXA makes its latest residential acquisition in the … Read more>>>

Sun Dongping New Ease D&J

China’s DNE Group Signs Deal for $2B Mainland Logistics Venture

Sun Dongping New Ease D&J

2023/04/13 by Michael Cole Leave a Comment

Shanghai-based developer and fund manager DNE Group is ready to invest another RMB 14 billion ($2 billion) in China’s shed market after signing an agreement with an unnamed global institution, the company said on Thursday.

Helmed by ESR co-founder Sun… Read More>>

Shanghai-based developer and fund manager DNE Group is ready to invest another RMB 14 billion ($2 billion) in China’s … Read more>>>

Quek Leng Chan

Cautious Bidding Predicted for Singapore Site as URA Accepts Bargain Lentor Tender

Quek Leng Chan

2023/04/13 by Beatrice Laforga Leave a Comment

Singapore’s Urban Redevelopment Authority (URA) has launched a tender for a sixth residential plot in an emerging estate in Ang Mo Kio, with the government confirming the upcoming sale of its latest Lentor Central site just one day before finalising… Read More>>

Singapore’s Urban Redevelopment Authority (URA) has launched a tender for a sixth residential plot in an emerging estate … Read more>>>

Sun Hongbin Sunac

Sunac China Shares Drop 59% as Trading Resumes and More Asia Real Estate Headlines

Sun Hongbin Sunac

2023/04/13 by Michael Cole Leave a Comment

One of China’s largest developers was able to resume trading of its shares on the Hong Kong exchange today, with investors promptly selling off equity in the defaulting builder. Also making our headline roundup today is a data centre joint… Read More>>

One of China’s largest developers was able to resume trading of its shares on the Hong Kong exchange today, with … 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>>>

Shenton House

Singapore’s Shenton House Fails to Receive a Bid and More Asia Real Estate Headlines

Shenton House

2023/04/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the en bloc tender of central Singapore’s Shenton House closes without a bid, while two more residential sites in the city-state’s Lentor area are released for sale by the government.

Shenton House Sale… Read More>>

In today’s roundup of regional news headlines, the en bloc tender of central Singapore’s Shenton House closes without a … Read more>>>

Lian Beng chairman Ong Pang Aik

Chairman’s Family Offers to Buy Out Lian Beng in Latest Singapore Privatisation Bid

Lian Beng chairman Ong Pang Aik

2023/04/12 by Christopher Caillavet Leave a Comment

Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their controlling shareholders, with the Ong family on Tuesday announcing a voluntary unconditional cash offer of S$0.62 per share for the builder.

The… Read More>>

Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their … Read more>>>

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