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Lim Ming Yan CapitaLand

CapitaLand-CDL JV Buys 3.7 Hectare Singapore Site for $566M

2018/08/20 by Richard Meyer Leave a Comment

A CapitaLand-City Developments (CDL) joint bid won a government tender for a 3.7 hectare mixed-use site in northeastern Singapore with a bid of S$777.78 million ($566 million), according to announcements by the two companies.

In their first cooperation since 2007,… Read More>>

Adam Neumann Wework

WeWork Raises $1B From Softbank and More Asia Real Estate Headlines

2018/08/11 by Michael Cole Leave a Comment

Shared office giant WeWork leads the news again today as Japan’s Softbank decides to wager another $1 billion that leasing offices on a retail basis will continue to be a growth industry. Also in the news, a UK sports retailer… Read More>>

Nick Loup Chelsfield

Chelsfield Said in Due Diligence for S$550M Buy of SG’s Manulife Centre From Alpha and CDL

2018/07/15 by Richard Meyer Leave a Comment

In what would be its first Singapore deal, UK property developer Chelsfield is said to be closing in on an acquisition of the Manulife Centre on Singapore’s Bras Basah Road in the latest sign of ongoing growth in the city-state’s… Read More>>

sherman kwek cdl

CDL, Alibaba Take Cornerstone Stakes in $727M E-House IPO

2018/07/10 by Michael Cole Leave a Comment

Singaporean property developer City Developments Ltd is joining mainland tech giant Alibaba as investors taking cornerstone stakes in the initial public offering of E-House (China) Enterprise Holdings Ltd, a Shanghai-based real estate services provider with more than RMB 4.6 billion… Read More>>

Kwek Leng Beng

Hong Leong Wins Hillview Rise Site in Western Singapore for S$460M

2018/07/04 by Richard Meyer Leave a Comment

Singapore’s Hong Leong Holdings has set a new record for purchases of government land sites in western Singapore after the privately held property arm of Hong Leong investments agreed to pay S$460 million ($338 million) for a plot in the… Read More>>

CDL Names Pair of Execs to Head New Asset Management, Development Divisions

2018/05/29 by Greg Isaacson Leave a Comment

Singapore’s biggest home builder, City Developments Limited (CDL) announced a pair of new executive appointments this week as it created a pair of new business units to strengthen its commercial division and re-engineer its development process.

The owner of Republic… Read More>>

sherman kwek cdl

Shanghai’s Distrii Opens First Overseas Co-Working Centre in Raffles Place

2018/05/17 by Michael Cole Leave a Comment

Shanghai-based flexible office provider Distrii opened its first overseas location today in Republic Plaza in Singapore. The 62,000 square foot centre was opened the same day that the two-year-old company announced a new joint venture with Singapore’s City Developments Ltd,… Read More>>

hyatt ceremony

GIC Enters $300M Mexico Multi-Family JV and More Asia Real Estate Headlines

2018/03/01 by Greg Isaacson Leave a Comment

Cross-border deals dominate the news today, with Singapore’s sovereign wealth fund GIC entering into a $300 million venture to build rental residences in Mexico. Also in the headlines, a US pension fund has committed $50 million to Chinese car… Read More>>

CDL London Stag Brewery

CDL Submits Plans for £1.25B London Project and More Asia Real Estate Headlines

2018/02/22 by Michael Cole Leave a Comment

As Asia gets back to work after the lunar new year holiday, the region’s investors are making the headlines in both London and Sydney as we head into the year of the dog. Also in the news, two more Singapore… Read More>>

Sherman Kwek CDL

CDL Places Top Bids for Two SG Housing Sites and More Asia Real Estate Headlines

2018/01/31 by Greg Isaacson Leave a Comment

At the top of today’s news, Singapore’s residential market just keeps getting hotter, with property giant CDL placing the highest bids on two private housing sites — totalling S$684.6 million ($524 million). Also in the news, cryptocurrency is cropping up… Read More>>

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