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Ng Beng Tiong ARA

ARA Boosts Down Under Assets with A$97M Brisbane Office Buy

2019/04/01 by James Hatton Leave a Comment

Warburg Pincus-backed ARA Asset Management announced on Friday that it had acquired a commercial block in the central business district of Brisbane for a reported A$96.5 million ($68.8 million), in the latest in a series of big-ticket investments down under… Read More>>

Jeong Young-chae

Korea’s NH Investment, ARA Team Up for $890M Seoul Office Buy

2019/02/28 by Jesus Alcocer Leave a Comment

A fund managed by Singapore’s ARA Asset Management has agreed to purchase the iconic Seoul Square building from KR1 CR REIT, a locally listed trust whose largest shareholder is a division of Singapore’s Keppel Capital.

The deal, which is said… Read More>>

Suntec City Singapore

ARA Sells Six Floors in SG’s Suntec City to Alpha for S$160M

2019/02/14 by Jesus Alcocer Leave a Comment

ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>

Ng Beng Tiong ARA

ARA-Chelsfield JV Buys SG’s Manulife Centre From CDL and Alpha for S$555M

2019/01/05 by Michael Cole Leave a Comment

A joint venture between ARA Asset Management and Chelsfield Asia has purchased the Manulife Centre on Singapore’s Bras Basah Road for S$555.5 million ($408.8 million), according to statements released late Friday.

Singapore-based ARA and Chelsfield, the Asian arm of a… Read More>>

John Lim ARA

ARA Enters US Market With Purchase of 38 Hyatt Hotels

2018/12/03 by Vincent Morkri Leave a Comment

Singapore-based real estate fund manager ARA Asset Management announced on Monday that it had purchased a portfolio of 38 Hyatt-branded hotels in the United States from a unit of Lone Star Funds at an undisclosed price, marking ARA’s first foray… Read More>>

Humbert-Pang gaw

Gaw, Quadreal Buy Shanghai’s Ocean Towers From ARA for RMB 3B

2018/11/30 by Michael Cole Leave a Comment

Gaw Capital Partners announced today that the private equity firm, through a fund under its management and in league with partners including British Columbia’s QuadReal Property Group, have acquired the Ocean Towers office building in Shanghai.

The consortium purchased the… Read More>>

Link Asset Management CEO George Hongchoy

Link REIT Buys Beijing Shopping Centre from ARA Fund for RMB 2.56B

2018/11/27 by Michael Cole Leave a Comment

Link Asset Management Limited, the manager of Hong Kong’s Link Real Estate Investment Trust, announced today its acquisition of Beijing Jingtong Roosevelt Plaza, a recently completed shopping centre in Beijing’s suburban Tongzhou district for RMB 2.56 billion ($369 million).

The… Read More>>

xiong lin ziroom

Ziroom Pulls Listings for 20,000 Rental Homes and More Asia Real Estate Headlines

2018/09/12 by Michael Cole Leave a Comment

China’s nascent rental housing market hits the news again today as leading rental operator Ziroom pulls down 20,000 recent home listings over formaldehyde concerns.

Singapore’s ARA Asset Management also gets some ink as it searches for bargains in Malaysia and… Read More>>

Cheng Wai Keung

Wing Tai in Talks to Buy London Bank HQ for $548M and More Asia Real Estate Headlines

2018/09/04 by Michael Cole Leave a Comment

In what could be a north Asia to southeast Asia handoff, the lead story in today’s collection of real estate headlines from the region tracks Singaporean developer Wing Tai’s potential purchase of a $548 million London asset from Korea’s Samsung… Read More>>

John-Lim-APREA

ARA Closes on Buy of $317M Stake in Cromwell Property, Raising AUM to $58B

2018/06/05 by Shawna Kwan Leave a Comment

ARA Asset Management has closed on its acquisition of a 19.5 percent stake in Australia’s Cromwell Property, boosting the Singapore-based company’s assets under management to S$77.2 billion ($57.7 billion).

The Singaporean asset manager implemented the deal by purchasing 86.5 million… Read More>>

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