Singapore’s Ascendas-Singbridge Group today announced a new S$400 million ($300 million) investment programme with government giant Temasek Holdings to develop a portfolio of as much as 15 million square feet (1.39 million square metres) of industrial real estate projects in… Read More>>
Ascendas India Trust Buys Amazon’s Hyderabad Home in $200M Deal
Amazon will soon have a new landlord in India’s fourth largest city, as Ascendas India Trust announced today that it is acquiring seven buildings in a business park in Hyderabad.
The Singapore-listed affiliate of developer Ascendas-Singbridge is paying a combined… Read More>>
Ascendas Hospitality Trust Ventures into Korea with $68M Seoul Hotel Deal
Singapore-listed Ascendas Hospitality Trust has made its first foray into South Korea with a 73 billion won ($68.3 million) deal for a 215-room hotel in Seoul.
The trust, which already owns a portfolio of 11 hotels with over 4,000 rooms… Read More>>
Ascendas-Singbridge Names Vinamra Srivastava CEO of India Operations
Ascendas-Singbridge has named Vinamra Srivastava as Chief Executive Officer for its India Operations and Private Funds, effective April 1, as the Singaporean business park builder gears up for a new chapter of growth in India’s property sector.
Srivastava joined the… Read More>>
naked Hub to Power Workplace Community at Ascendas Innovation Place in Shanghai Sponsored Feature
Premium co-working operator naked Hub has transformed the way more than 10,000 people work in Asia, and now the Shanghai-based startup is making it possible for any landlord to join the flexible office revolution.
As the next step in this… Read More>>
China’s Country Garden Raises $3B To Pare Debt and More Asia Real Estate Headlines
Leading today’s roundup, China’s biggest developer by sales announced a $3 billion fund-raising plan to repay debt — and promptly took a beating on the Hong Kong stock exchange due to the dilution of its existing shares. Singapore housing continues… Read More>>
Ascendas-Singbridge Buys Seoul Office Tower for $92M
Singapore’s Ascendas-Singbridge is adding to its office acquisitions in South Korea by picking up a newly-completed, mid-rise office building in Seoul’s Gangnam district for S$124.3 million ($91.8 million).
A fund managed by the real estate firm acquired the 15-storey, 19,578… Read More>>
Ascendas-Singbridge Buys Downtown Sydney Tower for $200M
Singapore’s Ascendas-Singbridge is buying a landmark office tower in downtown Sydney for A$252 million ($200 million), marking its second office acquisition in Australia.
The state-backed commercial developer announced on Friday that it has agreed to acquire 66 Goulburn Street, a… Read More>>
Ascendas-Singbridge Sells Korean Office Project to IGIS for $635M
With backing from the country’s biggest pension fund, South Korea’s largest real estate fund manager has bought a $635 million prime office property in central Seoul from a fund controlled by Singaporean developer Ascendas-Singbridge, according to an announcement this week… Read More>>
Ascendas-Singbridge Launches $500M India Logistics JV
Ascendas-Singbridge has become the latest international real estate investor to bet on India’s industrial real estate sector after the Singaporean developer announced a joint venture with Bangalore-based industrial specialists Firstspace Realty.
The new joint venture, Ascendas-Firstspace, hopes to close its… Read More>>
