Asia real estate and outbound investment news
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>>
Robert Kuok’s Allgreen Properties has completed its S$550 million ($410 million) purchase of the Seletar Mall in northeastern Singapore from a joint venture of Cuscaden Peak and United Engineers Ltd (UEL), the companies announced Thursday.
Allgreen, the Singapore property development… Read More>>
Seletar Mall in northeastern Singapore has moved one step closer to new ownership after SGX-listed Paragon REIT declined to buy the asset for S$550 million ($409 million), paving the way for its potential acquisition by Robert Kuok’s Allgreen Properties.
The… Read More>>
A Singapore developer controlled by the family of Shangri-La Hotel founder Robert Kuok is in talks to acquire a shopping centre in northeastern Singapore from a joint venture between Temasek Holdings-backed Cuscaden Peak and Yanlord Land’s United Engineers Ltd (UEL)… Read More>>
Singapore’s ever-active sovereign wealth fund is back in the news again today as GIC is said to be signing up for a 30 percent slice of Starbucks’ Korea operation, as the American coffee firm exits a joint venture with Shinsegae… Read More>>
In today’s roundup of regional news headlines, Singapore’s CapitaLand launches its second logistics private fund in India, Australian regulators approve the sale of a stake in a Sydney office tower to China’s sovereign wealth fund, and Canadian fund manager Ivanhoe… Read More>>
A pair of developers owned by Malaysian tycoon Robert Kuok have secured a prime mixed-use site in Singapore for S$700 million ($518 million), according to Singapore’s Housing and Development Board.
In the final round of a two phase tender, the… Read More>>
One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of Shangri-La hotels and Kerry Properties has acquired nearly half a billion dollars worth of Singapore sites. Also grabbing… Read More>>
