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Boustead Singapore chairman Wong Fong Fui

Boustead Singapore Offers $213M Buyout of Property and Engineering Division

2023/02/07 by Beatrice Laforga Leave a Comment

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

2023/02/02 by Beatrice Laforga Leave a Comment

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 sign square

Vanke Approved for Property Management IPO and More Asia Real Estate Headlines

2022/07/19 by Proud Channara Leave a Comment

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 chairman John Lim Kok-Min

Boustead Projects JV Picks Up Sin Capital’s Orchard Road Tower for $371M

2022/06/25 by Christopher Caillavet Leave a Comment

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.

… Read More>>

Skyglass tower seattle gemdale

Gemdale Gets $113M Loan for Seattle Project and More Asia Real Estate Headlines

2021/08/05 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Gemdale’s US division secures a construction loan for a Seattle high-rise, Singapore’s CapitaLand spots opportunity as China tightens credit standards, and returning mainland students give a boost to Hong Kong’s mass-housing… Read More>>

Doubletree by Hilton Salt Lake City Airport

EHT Gets Court Nod to Sell 14 Hotels for $481.9M and More Asia Real Estate Headlines

2021/06/02 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, 14 hotel properties in Singapore’s Eagle Hospitality Trust clear another hurdle towards completion of their sale, while an EHT unitholder denies claims that he benefited from funds taken out of an EHT unit.

… Read More>>

GLP China New shed in Mainland China

GLP Eyeing $2B HK IPO for China Logistics Portfolio and More Asia Real Estate Headlines

2021/05/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, fund manager GLP weighs a spinoff of its mainland logistics portfolio into a REIT, data centre operator BDx expands capacity at its Singapore facility, and Hong Kong’s lived-in home prices are on track… Read More>>

Li Ka-shing

Li Ka-Shing Boosts CK Asset Buy-Back Scheme and More Asia Real Estate Headlines

2021/04/15 by Michael Cole Leave a Comment

Hong Kong’s richest man is showing some faith in the future of the city’s second-largest property developer, as CK Asset leads today’s real estate headline roundup with a report that the Li Ka-shing Foundation will fund a buy-back of shares… Read More>>

Xu Jiayin Evergrande

Evergrande Courts HK Tycoons for Electric Car Push and More Asia Real Estate Headlines

2021/03/04 by Pimfha Chandhapradit Leave a Comment

In our latest roundup of regional news headlines, Evergrande seeks help from deep-pocketed Hong Kong investors to boost its electric car venture, Singapore’s Boustead Projects launches an industrial fund to hold the firm’s real estate assets, and Frasers breaks ground… Read More>>

Korea’s Hana Buys N Carolina Office Building for $201M and More Asia Real Estate Headlines

2021/02/01 by Pimfha Chandhapradit Leave a Comment

In today’s edition of our regional news roundup, a North Carolina office tower finds a South Korean buyer, office-sharing firm WeWork mulls another path to going public after its failed IPO, and a unit of China Evergrande Group eyes the… Read More>>

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