In today’s roundup of regional news headlines, the Singapore government awards an executive condo site after the project drew nine bids, and a Hong Kong land tender draws a strong response as well. Also making the list are Country Garden’s… Read More>>
Singaporean Investor Buys Australia’s Lindeman Island and More Asia Real Estate Headlines
Singapore’s globe trotting property investors lead Mingtiandi’s collection of regional headlines today with an investor from the city-state snatching up an island off the coast of Queensland, while India also makes the list with the opening of the country’s first… Read More>>
Boustead Projects Set for Delisting After Offer Acceptance Crosses 90%
SGX-listed Boustead Singapore has received acceptances from shareholders representing more than 90 percent of the issued shares in Boustead Projects, setting the stage for the investment firm to delist the property and construction division and take it private.
Valid acceptances… Read More>>
Insurer Ping An Changes Property Strategy and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, insurance giant Ping An increases its investment in real estate while reducing exposure to developers, and Australia’s Star Entertainment Group markets one of its Gold Coast hotels.
Ping An Adds… Read More>>
City Developments Delivers Earnings Surge and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore giant City Developments Ltd rides the hospitality recovery to an upbeat earnings report, and Chinese data centre operator GDS contemplates a stake sale after a reported data breach.
CDL’s… Read More>>
GIC Still Scouting for China Deals Despite Reports and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC says it’s still looking to invest in China after a report said it was pausing activity in the country, while South Korea’s sovereign wealth fund reports a record yearly loss.
Boustead Singapore Offers $213M Buyout of Property and Engineering Division
SGX-listed investment firm Boustead Singapore is proposing to take its property and construction division Boustead Projects private in an offer that values the company at S$281.9 million ($212.5 million), adding to a recent flurry of property company buyouts.
Boustead Singapore… Read More>>
Boustead Fund Acquires Singapore Industrial Building For $75M
A fund led by Singapore’s Boustead Projects and Metro Holdings is acquiring an industrial facility in the city-state’s Paya Lebar region for S$98.8 million ($75.16 million) as Boustead expands its management of third party capital.
The SGX-listed duo, together with… Read More>>
Vanke Approved for Property Management IPO and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Chinese developer Vanke gets the green light from mainland authorities to spin off its property management unit in a Hong Kong IPO, while the pending sale of Pfizer’s South Korean headquarters hits a… Read More>>
Boustead Projects JV Picks Up Sin Capital’s Orchard Road Tower for $371M
A joint venture led by developer Boustead Projects has agreed to acquire a mixed-use building near Singapore’s swanky Orchard Road for S$515 million ($371 million), taking advantage of a distressed-asset sale to pick up a prime property at a discount.