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Changi Chairman Liew Mun Leong resigned from CAG

Changi Chairman Steps Down in Maid Abuse Scandal and More Asia Real Estate Headlines

2020/09/12 by Sirirat Mongkolnawarat Leave a Comment

A modern rendition of Shakespeare in Singapore reached a new stage this week when a prince of the Temasek realm finally relinquished his titles as an investigation progresses into possible false theft complaints against a domestic servant, with both Changi… Read More>>

Marina Bay Sands Singapore

Singapore’s Marina Bay Sands Sinks to S$113M Q2 Loss and More Asia Real Estate Headlines

2020/07/23 by Michael Cole Leave a Comment

The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with Singapore’s best-known casino dropping to a loss and the Bangkok residential market losing 27 percent of its value.

On a more positive… Read More>>

Ascendas REIT 16 Kangaroo Ave

Ascendas REIT Buys Sydney Logistics Project for S$21M and More Asia Real Estate Headlines

2020/07/02 by Michael Cole Leave a Comment

The latest investment in Australia by a Singapore-listed fund leads today’s collection of real estate headlines here on Mingtiandi, as Ascendas REIT adds a new logistics project to its Aussie portfolio.

Also in the news, as its… Read More>>

william tay ascendas

Ascendas REIT Buys Out Mitsui Stake in SG Business Park for S$103M

2020/04/02 by James Hatton Leave a Comment

Ascendas Real Estate Investment Trust has acquired a 25 percent ownership interest in a Singapore business park for S$102.91 million ($72 million), after buying out the company’s Japanese development partner, according to an announcement by the SGX-listed REIT.

The manager… Read More>>

LEE_Chee_Koon CapitaLand

Ascendas REIT to Acquire 30 US and SG Biz Park Assets From CapitaLand for S$1.66B

2019/11/03 by James Hatton Leave a Comment

Ascendas Real Estate Investment Trust has entered into agreements to acquire a portfolio of 30 business park assets in the US and Singapore for S$1.66 billion ($1.22 billion) from its controlling unitholder CapitaLand.

Under the terms of the proposed deal,… Read More>>

William Tay Ascendas

Frasers-ESR Sell Melbourne Office Project to Ascendas REIT for A$111M

2019/10/06 by Michael Cole Leave a Comment

Singapore-listed Ascendas REIT will soon be adding a fourth Australian office property to its portfolio after the real estate investment trust’s manager announced last week that it had agreed to acquire a Melbourne development project.

Ascendas Funds Management, a unit… Read More>>

Anthony Tan Grab

Ascendas REIT to Build Grab’s New $135M HQ and More Asia Real Estate Headlines

2019/01/31 by Michael Cole Leave a Comment

Southeast Asia’s biggest ride-hailing app has found a new home in Singapore as Grab announces plans for a new $134.5 million headquarters to be built by Ascendas REIT. Also in the news, China’s Evergrande continues to buy up auto assets… Read More>>

william tay ascendas

Ascendas REIT Doubles UK Logistics Portfolio With $335M Acquisition

2018/10/01 by Oliver Jones Leave a Comment

Singapore-based Ascendas Funds Management announced on Friday that it has agreed to acquire 26 logistics properties in the UK for Ascendas REIT from Griffin UK Logistics Fund Limited (GULF) for GBP 257.46 million ($335.4 million).

The deal follows the REIT’s… Read More>>

William Tay Ascendas

Ascendas REIT Agrees to Buy Brisbane Industrial Project for A$33.5M

2018/08/05 by Michael Cole Leave a Comment

Singapore-listed Ascendas REIT continues to build out its portfolio of industrial properties as the manager of the real estate investment trust announced the acquisition of Cargo Business Park in Brisbane, Australia late last week.

A-REIT has agreed to acquire the… Read More>>

William Tay Ascendas

Ascendas REIT Enters Europe with £207M Purchase of UK Logistics Portfolio

2018/07/30 by Richard Meyer Leave a Comment

Singapore’s Ascendas REIT is making its first investment in Europe, buying 12 logistics assets in the UK for £207 million ($272 million). The purchase of 2.6 million square feet (241,000 square metres) of prime logistics space adds to more than… Read More>>

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