AEW has agreed to buy an office tower in Singapore’s Jurong East from local investment firm Sun Venture for S$680 million ($488.54 million) in the latest vote of global investor confidence in the city’s rebounding office market, Mingtiandi has learned.
Singapore Condo Project on Market for $681M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Singapore condominium relaunches its collective sale and new properties hit the Lion City market on Cecil Street and in Geylang. Also in the news, US flexible workspace provider Industrious expands in Asia… Read More>>
Asia Real Estate People in the News 2022-05-09
Top level moves at a pair of Singapore-listed cross-border trusts lead Mingtiandi’s collection of personnel changes from around Asia as Manulife US REIT and ARA US Hospitality REIT announce new appointments. Goldman Sachs also makes the list with a senior… Read More>>
Asia Real Estate People in the News 2022-05-02
New board appointments in Singapore lead Mingtiandi’s first roundup of personnel moves for May, as CapitaLand’s primary commercial REIT adds a new independent, non-executive director, and SGX-listed Heeton Holdings makes a similar change in its top decision-making body. There are… Read More>>
Historic Singapore Estate Overlooking Lee Kuan Yew Residence for Sale at $220M
A Singapore mansion located just five minutes walk from the former residence of late Prime Minister Lee Kuan Yew has been put up for sale in a rare chance to grab a freehold residential site in the city’s posh Orchard… Read More>>
Asia Real Estate People in the News 2022-04-18
A top level change at Hong Kong developer Chinachem leads Mingtiandi’s roundup of personnel moves this week as the privately held builder announces the departure of its managing director of real estate. Also witnessing director departures this week are Hong… Read More>>
Asia Real Estate People in the News 2022-04-11
Departing directors lead this week’s roundup of personnel moves from around the region, with a pair of state-sector veterans leaving their board seats at China Fortune Land Development. Also losing some leadership is Singapore’s Surbang Jurong, which is saying goodbye… Read More>>
Asia Real Estate People in the News 2022-04-04
Top level moves at fund manager Actis and WeWork lead this week’s review of personnel changes from around Asia Pacific, as the UK fund manager expands into Japan and the trouble co-working pioneer reshuffles its leadership. Also reporting fresh management… Read More>>
AEW Selling 20 Anson Office Tower in Singapore to KKR for $442M
AEW has agreed to sell its second office tower in Singapore’s downtown core this year, as the market for commercial assets in Southeast Asia’s wealthiest city continues to attract global investors.
US private equity giant KKR is paying AEW just… Read More>>
CBRE Promotes Luke Moffat to APAC Head of Advisory and Transaction Services
Global property consultancy CBRE on Tuesday announced the promotion of Luke Moffat to regional managing director and head of advisory and transaction services for Asia Pacific.
Moffat succeeds Manish Kashyap, who was elevated to global president of advisory and transaction… Read More>>
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