Asia real estate and outbound investment news
Mainland tech giant Alibaba together with consortium partners led by Perennial Holdings are set to build Singapore’s tallest tower after regulators approved their proposal for a 305-metre (1,001-foot) skyscraper in Tanjong Pagar.
In a grant of written permission dated 7… Read More>>
In today’s roundup of regional news headlines, Chinese developer Jiayuan agrees to sell a mixed-used complex as it fends off wind-up petitions, Hong Kong rejects a New Territories housing plan submitted by two key builders, and shareholders approve ESR Cayman’s… Read More>>
ARA Asset Management and Chelsfield Asia are officially opening their office project in Singapore’s Bras Basah area this week, with top executives from the two firms confirming that the building now known as Lazada One is the target of offers… Read More>>
China’s real estate troubles have hit one of the country’s largest property service providers, with a brokerage and data provider backed by Alibaba announcing on Thursday that it is unlikely to be able to pay a $298.2 million bond due… Read More>>
Mainland tech giant Alibaba is getting some new partners in a S$1.68 billion ($1.24 billion) office project in Singapore’s Tanjong Pagar area with companies controlled by mysterious Chinese investor Gordon Tang buying a 21 percent stake in the venture from… Read More>>
ARA Asset Management and Chelsfield Asia have put Lazada’s corporate headquarters up for sale according to market sources familiar with the matter who spoke with Mingtiandi, with the marketing exercise coming almost three years after they picked up the asset… Read More>>
In today’s roundup of regional news headlines, Dutch hotel firm CitizenM raises $1 billion from a club of investors including Singapore’s GIC, Hong Kong-based GR properties sells a Los Angeles-area apartment complex, and shares of Chinese property platform Beike curiously… Read More>>
In today’s roundup of regional news headlines, global bank HSBC makes plans to shrink its property footprint by 40 percent as it gets set for new ways of doing business in preparation for the post-pandemic reality. Also in the news,… Read More>>
New leadership at Australia’s Cromwell Property Group leads our collection of regional personnel moves this week as the Sydney-based fund manager continues to set a new direction after Singapore’s ARA Asset Management and Straits Trading helped form a new board… Read More>>
Singapore’s condo market is experiencing a full-scale boom, but that upswing hasn’t been enough to cure the ills of the city’s largest non-government-backed developer, as City Developments Ltd revealed its second quarter financials today.
Also in the… Read More>>
