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Marina Bay Sands Singapore

Singapore’s Marina Bay Sands Sinks to S$113M Q2 Loss and More Asia Real Estate Headlines

2020/07/23 by Michael Cole Leave a Comment

The impact of the coronavirus is becoming clearer this week as companies around the region declare earnings, with Singapore’s best-known casino dropping to a loss and the Bangkok residential market losing 27 percent of its value.

On a more positive… Read More>>

tony tan

CapitaLand Group Proposes $6.1B Merger of Office, Retail REITs

2020/01/22 by Michael Cole Leave a Comment

Just one year after CapitaLand began its S$11 billion acquisition of Ascendas-Singbridge, Southeast Asia’s largest real estate group has proposed to merge a pair of commercial real estate investment trusts in a S$8.27 billion ($6.13 billion) cash-and-stock deal.

In a… Read More>>

Warburg Pincus-Backed Trax Closes $100M Round and More Asia Real Estate Headlines 

2019/07/24 by James Hatton Leave a Comment

Retail proptech leads the way in Mingtiandi’s roundup of Asia real estate headlines today with news that a Singapore-headquartered provider of image recognition technology that tracks products on shelves has raised $100 million in a HOPU-led funding round.

In other… Read More>>

Kevin Chee Tien Jin

WeWork Leases HSBC Building in Singapore From CapitaLand Commercial Trust

2019/07/17 by Michael Cole Leave a Comment

Shared office giant WeWork is taking over Singapore’s HSBC building after the bank moves out early next year, according to an announcement by the office tower’s landlord today.

WeWork is set to gain occupancy of the 200,470 square foot (18,624… Read More>>

HNA Chen Feng

HNA Woes Deepen as HK Airlines Auditor Resigns and More Asia Real Estate Headlines

2019/05/09 by James Hatton Leave a Comment

HNA’s turbulent financial trajectory leads the headlines from around Asia today with the news that the auditor at the company’s Hongkong Airlines affiliate has jumped ship, hopefully not taking the last parachute, while there could be stormy weather ahead for… Read More>>

Tencent Shenzhen

Tencent Goes Full Gadget for New Shenzhen HQ and More Asia Real Estate Headlines

2019/01/23 by Michael Cole Leave a Comment

Leading today’s real estate news from around the region, Tencent is hoping that its newly opened Shenzhen offices will help the tech giant to build a vertical community campus, while slightly further south in Hong Kong it was revealed that… Read More>>

HSBC Building Singapore

HSBC Gets One More Year in SG’s 21 Collyer Quay and More Asia Real Estate Headlines

2018/09/13 by Michael Cole Leave a Comment

CapitaLand Commercial Trust, which owns the current home of HSBC in Singapore, is giving the bank one more year in its home in the city’s Raffles Place as speculation builds that the listed trust may sell off or redevelop the… Read More>>

Westgate shopping centre

CapitaLand Sells 70% Stake in Singapore’s Westgate Mall for S$789.6M

2018/08/30 by Emma Zhou Leave a Comment

CapitaLand announced on August 27th that the company is selling its 70 percent stake in the Westgate shopping centre in Singapore to its CapitaLand Mall Trust (CMT) affiliate for S$789.6 million ($578.6 million). The transaction, which is expected to be… Read More>>

CapitaLand Commercial Trust Sells SG Office Tower for $379M

2018/06/30 by Greg Isaacson Leave a Comment

CapitaLand Commercial Trust (CCT) has chalked up Singapore’s biggest office transaction of the year by agreeing to sell Twenty Anson, a 20-storey office building in the Tanjong Pagar neighbourhood, for a total of S$516 million ($379 million).

The Singapore-listed trust,… Read More>>

The Spire London

Greenland Halts Spire London Work Over Safety Fears and More Asia Real Estate Headlines

2018/05/29 by Greg Isaacson Leave a Comment

China’s overseas projects are back in the roundup, as state-owned developer Greenland Group is halting work on its Spire London skyscraper while it reviews the design amid an outcry over safety standards. Also in the headlines, the mainland co-working brand… Read More>>

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