A Tokyo hospitality deal leads today’s look at real estate news from around the region as a CapitaLand-sponsored REIT offloads another ageing Japanese property. Also making the list are the sale of a portfolio of Singapore shophouses and a UOL-CapitaLand… Read More>>
Court Clears UOL, CapitaLand to Complete $637M Purchase of Singapore Condo Complex
A joint venture of UOL and CapitaLand Development is a step closer to the collective purchase of a Singapore condo complex for S$810 million ($637.4 million) after the city-state’s High Court granted a sale order on Tuesday.
The collective sale… Read More>>
Brookfield Raises $6B for Distressed Fund and More Asia Real Estate Headlines
Asset management giant Brookfield announces nearly $6 billion in commitments to its largest-ever real estate fund, with that story leading today’s headline roundup. Also making the list, Singapore’s CapitaLand Development expands its partnership with Vietnamese builder Vinhomes and Brookfield India… Read More>>
UOL, CapitaLand Confirm $601M Singapore Condo Buy and More Asia Real Estate Headlines
A joint venture of UOL and CapitaLand completes its acquisition of a Singapore condo complex, with that collective purchase leading today’s headline roundup. Also making the list, Japan’s Daiwa House REIT agrees to buy a residential property in Chiba and… Read More>>
KKR Japan REIT Buying Hotel Project for $21M and More Asia Real Estate Headlines
The magnetism of Japan’s hospitality industry again leads Mingtiandi’s roundup of Asia real estate headlines today, with a Tokyo-listed REIT managed by KKR picking up a hotel in Kamakura, south of Tokyo for $21 million. Also making the news is… Read More>>
UOL Teams With CapitaLand to Buy Singapore Condo Complex for Reduced $612M
A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo complex for S$810 million ($611.7 million), with the two heavyweights set to pick up the property at an 11.8 percent… Read More>>
LHN Marketing Singapore Co-Living Assets and More Asia Real Estate Headlines
Three freehold co-living properties have been put up for sale for a guide price of $91.6 million, with that story leading today’s headline roundup. In other news, developers’ sales in Singapore regained some footing in September after clocking their lowest-ever… Read More>>
CapitaLand Development Enters $284M Top Bid for Central Singapore Industrial Site
CapitaLand Development made the top bid of S$368.9 million ($284.5 million) for a development site in Singapore’s Kolam Ayer industrial estate, with the builder’s proposed project to serve food-related end-users.
The 44,107 square metre (474,764 square foot) parcel at Kallang… Read More>>
BlackRock Set to Buy Citadines Raffles Place From CapitaLand JV for Circa $222M
The world’s largest asset manager is set to pick up its second Singapore residential property this year as a deal for Citadines Raffles Place enters the final stages, according to sources familiar with the discussions who spoke with Mingtiandi.
BlackRock… Read More>>
UOL, CapitaLand JV Places $597M Top Bid For Singapore Luxury Site
A government land sale has once again fallen short of expectations as a residential plot in one of Singapore’s most expensive residential districts drew a top bid representing a one-third discount from 2018 pricing for the location.
UOL Group, along… Read More>>