The founder of local developer Fragrance Group has won a tender for an en bloc site in Singapore’s Farrer Park area with a bid of S$55.1 million ($40 million), as the former love hotel entrepreneur continues an acquisition spree stretching… Read More>>
A Savills Investment Management fund backed by the family office of ARA founder John Lim and Singapore conglomerate Straits Trading has acquired four UK assets for £75 million ($97.6 million), according to a statement last week.
The four retail parks,… Read More>>
Hong Kong’s Swire Properties this month announced a fourth addition to its Taikoo Li commercial projects on the mainland, having formed a joint venture to acquire a high-end retail site in the second-tier city of Xi’an through a government land… Read More>>
UK private equity firm Schroders has agreed to buy a northern Singapore mall for S$208 million ($154.8 million), as neighbourhood retail continues to attract property investors during the COVID-19 era.
The British finance firm, which took over Hong Kong’s Pamfleet… Read More>>
CapitaLand Integrated Commercial Trust (CICT) has agreed to sell a mall in western Singapore’s Jurong Lake District to CapitaLand for S$340 million ($253 million), the second disposal of a local asset announced by the SGX-listed REIT in less than three… Read More>>
Delhi’s top court has rejected a plea from a retail unit of billionaire Kishore Biyani’s Future Group to quash Singapore arbitration proceedings filed by e-commerce giant Amazon, dashing the troubled Indian retailer’s hopes to overturn a case that… Read More>>
GIC is set to add some retail items to its shopping cart of Australian property acquisitions, as the Singapore sovereign wealth fund teams up with an ASX-listed REIT to launch a convenience centre fund targeting A$750 million ($532 million) in… Read More>>
Beijing-based Dalian Wanda Group filed papers Thursday to bring its commercial property business back to the Hong Kong stock market, as the developer controlled by billionaire Wang Jianlin looks to end five years marooned as a private firm after an… Read More>>
A western Singapore mall has become Firmus Capital’s second acquisition in the city-state, boosting the local private equity firm’s newly launched Firmus Opportunity Fund VCC to S$200 million ($147.8 million) in assets under management.
The single-storey Le Quest Mall in… Read More>>
Asia’s largest real estate investment trust has made its second major bet on mainland China retail this year with the RMB 3.2 billion ($501 million) acquisition of a shopping mall in Guangzhou.
Link REIT announced late Friday that it was… Read More>>