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Apricot Capital managing partner Darren Teo

David Teo’s Apricot Capital Leads Funding Round for Singapore Co-Living Operator

2024/06/26 by Christopher Caillavet Leave a Comment

Singapore’s The Assembly Place has raised S$5.33 million ($3.9 million) from a pre-Series A funding exercise anchored by Apricot Capital, surpassing the co-living owner-operator’s S$5 million target.

The fresh funds will fuel TAP’s growth as it seeks to increase its… Read More>>

David Teo’s Apricot Capital Closes on Bukit Timah Buy, Readies Co-Living Conversion

2024/02/25 by Beatrice Laforga Leave a Comment

The family of Singapore instant coffee king David Teo has completed their S$105-million ($78.1 million) purchase of a mixed-use property in the city’s upscale Bukit Timah area and is preparing to transform the asset into a combined co-living and retail… Read More>>

Christina Tan of Keppel

Keppel Buys Singapore Commercial Complex for $262M on Behalf of PGGM Fund

2024/01/08 by Beatrice Laforga Leave a Comment

Keppel Ltd announced on Monday that it has purchased a commercial complex in Singapore’s Selegie district on behalf of Dutch pension fund and asset manager PGGM for S$348 million ($262 million), confirming earlier media accounts.

The firm formerly known as… Read More>>

Lian Beng chairman Ong Pang Aik

Keppel Capital Buys Singapore Complex from Lian Beng-Apricot Capital JV

2023/11/13 by Beatrice Laforga Leave a Comment

Keppel Capital is purchasing a commercial complex in Singapore’s Rochor district from a joint venture between local investors Lian Beng Group and Apricot Capital for around S$350 million ($257 million), according to sources who spoke with Mingtiandi this past week.

… Read More>>

Eugene Lim The Assembly Place

Singapore’s The Assembly Place, Apricot Capital Launch Student Housing Project

2023/10/23 by Beatrice Laforga Leave a Comment

Singapore co-living investor and operator The Assembly Place has opened the doors to its largest student housing complex to date in a joint venture with Apricot Capital, the family office of instant coffee king David Teo.

The partners spent S$46… Read More>>

David Teo’s Apricot Capital Buys Bukit Timah Shopping Centre in Singapore for $77M

2023/10/10 by Beatrice Laforga Leave a Comment

Apricot Capital, the family office of Singapore instant coffee king David Teo and his family, is buying a mixed-residential and retail property in Bukit Timah for S$105 million ($77 million) as the city-state’s real estate market continues to appeal to… Read More>>

Ong Pang Aik Lian Beng

Lian Beng Consortium Buying Breadtalk HQ in Singapore for $88.7M

2021/01/17 by Michael Cole Leave a Comment

Financial stress on one of Singapore’s best known retail groups has turned into a real estate investment opportunity as a consortium led by Lian Beng Group is picking up the headquarters of debt-laden bakery chain Breadtalk.

SGX-listed Lian Beng, which… Read More>>

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