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William Tay of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Buying Spanish Sheds for $146.5M and More APAC Real Estate Headlines

2026/02/27 by Michael Cole Leave a Comment

Spanish warehouses lead today’s look at real estate news from around Asia Pacific as a Singapore-listed REIT moves into a new European market. Also making the list are a Japanese logistics deal and Singapore developer CDL managing to triple its… Read More>>

William Huang GDS

GDS’s DayOne Said Picking Banks for $5B US IPO and More APAC Real Estate Headlines

2026/02/13 by Michael Cole Leave a Comment

Chinese data centre operators may be ready for a return appearance on US stock markets, with the story of GDS boss William Huang’s DayOne picking banks for a $5 billion US IPO leading Mingtiandi’s news roundup today. Also making the… Read More>>

Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

CDL JV Places Top Bid of $557M for Singapore Condo Site and More APAC Real Estate Headlines

2026/02/06 by Michael Cole Leave a Comment

Singapore’s booming housing market leads Mingtiandi’s look at real estate news today with a City Developments Ltd joint venture placing the top bid for a lower East Coast site. Also making the headlines is AustralianSuper, which vows to pursue more… Read More>>

Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

CDL Selling Sentosa Shopping Centre for $75M in Latest Singapore Retail Deal

2025/12/16 by Michael Cole Leave a Comment

City Developments Ltd has found a buyer for a community shopping centre on Sentosa Island as retail properties come back into vogue with investors in Singapore.

The developer controlled by tycoon Kwek Leng Beng said on Tuesday that it has… Read More>>

Kwek Leng Beng

Singapore’s CDL Buys Central London Holiday Inn for $370M

2025/12/03 by Christopher Caillavet Leave a Comment

City Developments Ltd has acquired a 706-key Holiday Inn hotel in central London’s Kensington area for £280 million ($370 million), expanding the Singaporean builder’s hospitality footprint in the upscale district.

CDL picked up Holiday Inn London Kensington High Street through… Read More>>

Daisuke Kitta Blackstone

Blackstone Buying Central Osaka Hotel From Singapore’s CDL for $89M

2025/11/25 by Christopher Caillavet Leave a Comment

Blackstone has agreed to buy a hotel in central Osaka from Singaporean builder City Developments Ltd for JPY 14 billion ($89.3 million), as the US fund management giant continues to bulk up on Japanese hospitality assets.

The acquisition of the… Read More>>

Kwek Leng Beng

Singapore’s CDL in Talks to Sell Sentosa Waterfront Mall as Q3 Home Sales Plunge

2025/11/18 by Christopher Caillavet Leave a Comment

Singapore property giant City Developments Ltd is in talks with potential buyers of its Quayside Isle at Sentosa Cove after putting the waterfront mall up for sale in September in a bid to optimise its portfolio.

The SGX-listed builder is… Read More>>

Sam Altman of OpenAI

OpenAI Scouting Partners for 1GW India Data Centre and More Asia Real Estate Headlines

2025/09/02 by Michael Cole Leave a Comment

The maker of ChatGPT is headed to India in search of someone to help it build a one-gigawatt data centre, with that story leading today’s review of real estate news from around the region. Also making the list is a… Read More>>

Kwek Leng Beng

Singapore’s CDL Posts 3.9% H1 Profit Growth as Kwek Family Feud Recedes

2025/08/13 by Christopher Caillavet Leave a Comment

City Developments Ltd posted a 3.9 percent year-on-year rise in attributable profit to S$91.2 million ($71.2 million) for the first half of 2025, with the Singaporean giant turning the page after a boardroom tussle marred the early months of the… Read More>>

Sherman Kwek, chief executive of City Developments Ltd (Image: CDL)

CDL Places Top Bids for Two Suburban Singapore Residential Sites

2025/08/06 by Christopher Caillavet Leave a Comment

One of Singapore’s most aggressive suitors for Government Land Sales plots is poised to add to its project pipeline, with City Developments Ltd having entered the top bid in separate tenders for two suburban residential sites.

The builder controlled by… Read More>>

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