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>>
CapitaLand Launches $297M India Logistics Fund and More Asia Real Estate Headlines
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>>
Kerry-Allgreen JV Pays S$700M for Rights to SG Resi-Retail Project
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>>
Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines
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>>