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15-37 Bank Street in South Melbourne

Macquarie’s Local Residential Acquires $259M Melbourne Project From Hines

15-37 Bank Street in South Melbourne

2026/02/01 by Christopher Caillavet Leave a Comment

Local Residential has acquired a rental apartment development in Melbourne from US builder Hines, with the project said to have a stabilised asset value of A$370 million ($258.8 million).

The site at 15-37 Bank Street will yield 355 apartments with… Read More>>

Local Residential has acquired a rental apartment development in Melbourne from US builder Hines, with the project said … Read more>>>

Adrian Cheng, CEO and executive vice-chairman of New World Development

Adrian Cheng’s C Capital Buys Australia Land for $3.2B in Industrial Projects

Adrian Cheng, CEO and executive vice-chairman of New World Development

2026/01/29 by Christopher Caillavet Leave a Comment

C Capital, the private equity firm co-founded by former New World Development CEO Adrian Cheng, has acquired 507 hectares (1,253 acres) of land near Melbourne for industrial projects with an expected end value of A$4.5 billion ($3.2 billion).

The land… Read More>>

C Capital, the private equity firm co-founded by former New World Development CEO Adrian Cheng, has acquired 507 … Read more>>>

You Zhenhua

Ascott Groundbreaking Showcases Chinese Tycoon’s Singapore Property Ambitions

You Zhenhua

2026/01/27 by Michael Cole Leave a Comment

Another Chinese tycoon is displaying a taste for Singapore commercial property with the groundbreaking of a Tanjong Pagar project highlighting the market entry of one of the mainland’s biggest steel entrepreneurs.

The Ascott Ltd, the hospitality division of CapitaLand Investment… Read More>>

Another Chinese tycoon is displaying a taste for Singapore commercial property with the groundbreaking of a Tanjong … Read more>>>

Liam Wee Sin UOL

UOL-CapitaLand JV Wins Suburban Singapore Development Site With $1.1B Bid

Liam Wee Sin UOL

2026/01/15 by Christopher Caillavet Leave a Comment

Singapore’s Housing and Development Board on Wednesday awarded a residential and commercial site to a consortium of UOL and CapitaLand affiliates after they made the top bid of S$1.5 billion ($1.1 billion) for the plot in the city-state’s northeast.

The… Read More>>

Singapore’s Housing and Development Board on Wednesday awarded a residential and commercial site to a consortium of UOL … Read more>>>

Tom Mackellar of Lendlease

Lendlease, Mirvac, Coombes to Develop Megaproject at Sydney Metro Station

Tom Mackellar of Lendlease

2026/01/06 by Christopher Caillavet Leave a Comment

Transit operator Sydney Metro has appointed Australian property groups Lendlease, Mirvac and Coombes to develop a pair of commercial towers above the future Hunter Street station in the Harbour City’s central business district.

Lendlease and Sydney Metro will deliver the… Read More>>

Transit operator Sydney Metro has appointed Australian property groups Lendlease, Mirvac and Coombes to develop a pair … Read more>>>

Chinachem Group CEO Andy Cheung

Hong Kong’s Chinachem Wins New Territories Residential Site With $320M Bid

Chinachem Group CEO Andy Cheung

2025/11/19 by Christopher Caillavet Leave a Comment

Hong Kong builder Chinachem Group on Tuesday was awarded a government tender for a New Territories residential plot after placing a bid of HK$2.48 billion ($320 million).

Situated at the corner of Wing Shun Street and Texaco Road in Chinachem’s… Read More>>

Hong Kong builder Chinachem Group on Tuesday was awarded a government tender for a New Territories residential plot … Read more>>>

Kojun Nishima of Sumitomo Realty

Sumitomo Realty Buys Land Beneath Tokyo Station Mixed-Use Project

Kojun Nishima of Sumitomo Realty

2025/11/15 by Christopher Caillavet Leave a Comment

Sumitomo Realty & Development has solidified its hold on a project it is building in front of Tokyo’s central railway station by acquiring the land underneath the mixed-use complex.

The property arm of Sumitomo Corporation closed on the purchase of… Read More>>

Sumitomo Realty & Development has solidified its hold on a project it is building in front of Tokyo’s central … Read more>>>

Kuok Khoon Hong

Singapore’s Perennial Seeking $269M for Caldecott Hill Residential Site

Kuok Khoon Hong

2025/11/13 by Christopher Caillavet Leave a Comment

Nearly five years after buying a hilltop residential site in central Singapore, Perennial Holdings has put the prime plot on the market at a guide price of S$350 million ($268.8 million).

The private builder controlled by local billionaire Kuok Khoon… Read More>>

Nearly five years after buying a hilltop residential site in central Singapore, Perennial Holdings has put the prime … Read more>>>

URA chief executive officer Lim Eng Hwee

Site on Singapore’s Bukit Timah Road Draws Top Bid of $436M as Luxury Market Surges

URA chief executive officer Lim Eng Hwee

2025/11/11 by Michael Cole Leave a Comment

A condo site in an upscale Singapore residential enclave has drawn a top bid of S$566.3 million ($436 million), according to an announcement from the Urban Redevelopment Authority on Tuesday, as developers display their appetites for luxury projects.

The leading… Read More>>

A condo site in an upscale Singapore residential enclave has drawn a top bid of S$566.3 million ($436 million), … Read more>>>

Wee Ping Goh, Wee Hur Holdings

Wee Hur Sets Up $37M Fund for Aussie Student Housing Project

Wee Ping Goh, Wee Hur Holdings

2025/10/25 by Christopher Caillavet Leave a Comment

Singapore’s Wee Hur Holdings plans to sell a student housing project in South Australia into a newly created fund with a committed capital target of A$57 million ($37.2 million).

Wee Hur currently holds an 80 percent stake in the project… Read More>>

Singapore’s Wee Hur Holdings plans to sell a student housing project in South Australia into a newly created fund with a … Read more>>>

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