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Koh Wee Meng Fragrance Hotels

Fragrance Group Puts Singapore Office Tower Up for Sale at S$715M

Koh Wee Meng Fragrance Hotels

2020/07/22 by Jonathan Burgos Leave a Comment

Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore’s downtown core for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking up in the… Read More>>

Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore's … Read more>>>

john lim ara

ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines

john lim ara

2020/07/22 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.

A pair of Softbank-backed startups also reappear with more bad news,… Read More>>

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund … Read more>>>

pil building cecil street

Troubled Shipping Firm Puts Singapore Office Building on the Block for S$350M

pil building cecil street

2020/07/22 by Jonathan Burgos Leave a Comment

Financially troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office building near the city’s Raffles Place central business district on the market for an indicative price of S$350 million ($252 million), a source familiar with the… Read More>>

Financially troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office … Read more>>>

pan sutong goldin

Goldin Boss Pan Sutong Hocks HK House, Stock to Pay Over HK$10B in Debt

pan sutong goldin

2020/07/21 by Michael Cole Leave a Comment

Last week Pan Sutong’s Goldin Financial Holdings announced that creditors had seized its Kowloon East headquarters, now local media reports indicate the billionaire real estate boss has had to remortgage his mansion and borrow against his shares in the Hong… Read More>>

Last week Pan Sutong’s Goldin Financial Holdings announced that creditors had seized its Kowloon East headquarters, now … Read more>>>

ESR IPO

Canadian Pension Fund Boosts ESR Stake by 7% and More Asia Real Estate Headlines

ESR IPO

2020/07/21 by Michael Cole Leave a Comment

Warehouses lead Mingtiandi’s real estate headlines from around the region today, with Warburg Pincus selling 7 percent of Hong Kong-listed ESR to a Canadian pension fund manager that had taken a cornerstone stake in the logistics developer’s IPO.

Read More>>

Warehouses lead Mingtiandi’s real estate headlines from around the region today, with Warburg Pincus selling 7 percent … Read more>>>

pan sutong goldin

Goldin Struggles to Pay HK$10.3B in Debts as Headquarters Seized by Creditors

pan sutong goldin

2020/07/20 by Michael Cole Leave a Comment

Trading in shares of Goldin Financial Holdings remained suspended on the Hong Kong exchange today as the real estate and investment firm controlled by mainland tycoon Pan Sutong struggles to raise funds after having its corporate headquarters taken over by… Read More>>

Trading in shares of Goldin Financial Holdings remained suspended on the Hong Kong exchange today as the real estate and … Read more>>>

Stuart Crow JLL

APAC Real Estate Deals to Rebound After Slumping 32% Jan to June: JLL

Stuart Crow JLL

2020/07/20 by Jonathan Burgos Leave a Comment

Real estate investment volumes across Asia Pacific slumped 32 percent in the first half of 2020 compared to last year, falling to $60.4 billion as the full economic impact of the Covid-19 pandemic hit the region, property brokerage JLL said… Read More>>

Real estate investment volumes across Asia Pacific slumped 32 percent in the first half of 2020 compared to last year, … Read more>>>

Ma Jun Aoyuan

Asia Real Estate People in the News 2020-07-20

Ma Jun Aoyuan

2020/07/20 by Michael Cole Leave a Comment

Top level moves at developers in mainland China and Singapore lead this week’s collection of real estate people moves from around Asia Pacific as Guocoland’s CFO abruptly departs the company and Guangzhou’s Aoyuan Group puts in place a management team… Read More>>

Top level moves at developers in mainland China and Singapore lead this week’s collection of real estate people moves … Read more>>>

proptech event banner

Join the Mingtiandi Proptech Forum 2021 MTD TV Productions

proptech event banner

2020/07/20 by Mingtiandi Team 2 Comments

Continuing its series of online industry events, we are pleased to bring you our latest MTD TV production, the Mingtiandi Proptech Forum 2021, an online event to be held in January 2021, exploring the digitisation of Asia’s real estate… Read More>>

Continuing its series of online industry events, we are pleased to bring you our latest MTD TV production, the … 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>>>

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