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Far East Shopping Centre

Mainland Billionaire’s Bright Ruby Buying Singapore Mall for Reported $667M

2023/10/01 by Beatrice Laforga Leave a Comment

Bright Ruby Resources has won the tender for an en bloc redevelopment site along Singapore’s Orchard Road for a reported S$908 million ($667 million), agreeing to a deal which now becomes the largest collective sale in the city-state so far… Read More>>

Paul Gately Baring

BPEA Completes $370M Acquisition of Sydney Hilton From Bright Ruby

2022/08/04 by Christopher Caillavet Leave a Comment

Baring Private Equity Asia on Thursday announced the acquisition of the Sydney Hilton hotel by the firm’s affiliated real estate funds for A$530 million ($370 million), confirming Mingtiandi’s May report on the disposal by Chinese-backed investor Bright Ruby Resources.

The… Read More>>

Du Shuanghua Bright Ruby

NTUC Selling 16 Collyer Quay in Singapore to China’s Bright Ruby for $717M

2022/07/01 by Beatrice Laforga Leave a Comment

Bright Ruby Resources, an investment firm backed by Chinese billionaire Du Shuanghua, has won the tender for 16 Collyer Quay, picking up the Raffles Place office tower from NTUC Income for approximately S$1 billion ($717.2 million), according to multiple sources… Read More>>

Paul Gately Baring

BPEA Buying Hilton Sydney From Bright Ruby for Record $365M

2022/05/12 by Michael Cole Leave a Comment

Baring Private Equity is making Australia’s biggest hotel purchase ever, with the Hong Kong-based firm agreeing to acquire the five-star Hilton Sydney from Bright Ruby Resources for A$530 million ($364.7 million), insiders confirmed on Thursday.

In addition to being the… Read More>>

400 Capitol - Exterior

Singapore-Listed US REIT Adds $143M for Acquisitions and More Asia Real Estate Headlines

2019/09/20 by Michael Cole Leave a Comment

Singapore’s asset hungry investors lead today’s digest of real estate news from around the region, as a REIT set up to invest in US real estate assets completes $143 million in equity fund raising to fuel its acquisitions.

The collapse… Read More>>

China outbound real estate investment

China’s Overseas Real Estate Investment Passes US$5 Bil in 2013

2013/11/14 by Michael Cole Leave a Comment

China’s direct investment into international real estate in 2013 has already surpassed the total amount spent in 2013 as Chinese capital floods into global property markets.

According to a statement today by Jones Lang LaSalle, Chinese offshore real estate investment… Read More>>

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MTD TV

Link REIT Spotlight Session 2022-07-19
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People in the News

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People in the News

Asia Real Estate People in the News 2023-10-02

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A man pegged to be Singapore’s next prime minister leads this week’s review of personnel updates in the region as … Read More>>

Evergrande Says Chairman Suspected of Crimes, Subject to “Mandatory Measures”

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In an announcement to the Hong Kong stock exchange late on the eve of China’s Mid-Autumn Festival holiday on Thursday … Read More>>

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Peter Dinning Avison

Canadian property consultancy Avison Young has entered the Vietnam market, linking up with an existing 100-person team … Read More>>

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