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Liam Wee Sin, Group Chief Executive of UOL

UOL Teams With CapitaLand to Buy Singapore Condo Complex for Reduced $612M

Liam Wee Sin, Group Chief Executive of UOL

2024/10/28 by Christopher Caillavet Leave a Comment

A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo complex for S$810 million ($611.7 million), with the two heavyweights set to pick up the property at an 11.8 percent… Read More>>

A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo … Read more>>>

Stephen Gaitanos of Scape

Scape Principals Launch $1B Sydney BTR Project Under JV With APG, Bouwinvest

Stephen Gaitanos of Scape

2024/10/24 by Christopher Caillavet Leave a Comment

Rent-to-Live Co, the build-to-rent venture founded by Scape Australia principals Stephen Gaitanos and Craig Carracher, has launched a 1,000-apartment mixed-use precinct in Sydney, aiming to invest A$1.5 billion ($1 billion) to help ease a local housing crunch.

Backed by Dutch… Read More>>

Rent-to-Live Co, the build-to-rent venture founded by Scape Australia principals Stephen Gaitanos and Craig Carracher, … Read more>>>

CapitaLand Development Singapore CEO Tan Yew Chin (Image: CapitaLand)

CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site

CapitaLand Development Singapore CEO Tan Yew Chin (Image: CapitaLand)

2024/10/03 by Christopher Caillavet Leave a Comment

CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam Ayer industrial estate, with the builder’s proposed project to serve food-related end-users.

The 44,107 square metre (474,764 square foot) parcel at Kallang… Read More>>

CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam … Read more>>>

Stephen Gaitanos of Scape

Lendlease, Scape Secure Final Approval for $1.2B Melbourne Redevelopment Project

Stephen Gaitanos of Scape

2024/08/21 by Christopher Caillavet Leave a Comment

ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received final approval for their A$1.7 billion ($1.2 billion) transformation of Queen Victoria Market in central Melbourne.

The mixed-use project, featuring 1,100 beds for university students and… Read More>>

ASX-listed construction giant Lendlease and Australia’s largest owner-operator of student housing, Scape, have received … Read more>>>

Agile Group chairman Chen Zhuolin (Source: Getty Images)

Former Agile Project in Hong Kong’s Quarry Bay May Bring 15% of Acquisition Cost

Agile Group chairman Chen Zhuolin (Source: Getty Images)

2024/08/21 by Kevin He Leave a Comment

A residential site in Hong Kong’s Quarry Bay area formerly owned by defaulted mainland developer Agile Group Holdings has been put up for sale via tender by the receiver, with the 50,000 square foot plot having been approved for development… Read More>>

A residential site in Hong Kong’s Quarry Bay area formerly owned by defaulted mainland developer Agile Group Holdings … Read more>>>

Century City International Holdings chairman Lo Yuk-sui

Tycoon Lo Yuk-sui’s Century City Consolidates Kowloon Site for Hong Kong Condo Project

Century City International Holdings chairman Lo Yuk-sui

2024/08/20 by Kevin He Leave a Comment

Companies controlled by Hong Kong tycoon Lo Yuk-sui have acquired a tenement building in Kowloon’s Cheung Sha Wan area with plans to build 47,307 square feet (4,395 square metres) of new apartments in the redeveloping neighbourhood, despite a home sales… Read More>>

Companies controlled by Hong Kong tycoon Lo Yuk-sui have acquired a tenement building in Kowloon's Cheung Sha Wan area … Read more>>>

Wheelock Ricky Wong

Wheelock Clinches $93M Buy of South Hong Kong Island Building at Forced Auction

Wheelock Ricky Wong

2024/08/11 by Christopher Caillavet Leave a Comment

Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 million), more than two years after applying for a compulsory sale of the ageing property.

The purchase of the Ha Lung Industrial… Read More>>

Wheelock Properties has acquired an industrial building in Hong Kong’s Wong Chuk Hang area for HK$728 million ($93.4 … Read more>>>

Steve-Kim-LaSalle-IM-e1650441793976

LaSalle IM Completes $115M Acquisition of Gangnam Office Site at 33% Discount

Steve-Kim-LaSalle-IM-e1650441793976

2024/07/30 by Kevin He Leave a Comment

LaSalle Investment Management has completed the acquisition of an office site in Seoul’s Gangnam business district after having submitted the winning bid in a non-performing loan collateral auction for the project two months ago, as office assets in the… Read More>>

LaSalle Investment Management has completed the acquisition of an office site in Seoul’s Gangnam business district after … Read more>>>

SHKP chairman Raymond Kwok

SHKP Buys Hong Kong Housing Site at Half-Off 2022 Pricing as Market Slide Continues

SHKP chairman Raymond Kwok

2024/07/20 by Michael Cole Leave a Comment

Despite drawing 11 bids from interested developers, a residential site in Hong Kong’s New Territories sold for less than half of 2022 rates this past week, as the city’s housing market continues to slide.

A unit of developer Sun Hung… Read More>>

Despite drawing 11 bids from interested developers, a residential site in Hong Kong’s New Territories sold for less than … Read more>>>

Robert Kuok

Robert Kuok’s Allgreen Enters Top Bid of $544M for Central Singapore Site

Robert Kuok

2024/07/19 by Christopher Caillavet Leave a Comment

The Singapore government on Thursday closed tenders for three residential development sites, with a closely watched parcel near Havelock MRT station drawing a top bid of S$730 million ($544.4 million) from billionaire Robert Kuok’s Allgreen Properties.

Known as Zion Road… Read More>>

The Singapore government on Thursday closed tenders for three residential development sites, with a closely watched … Read more>>>

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