Singapore-listed City Developments Ltd today announced RMB 6.7 billion ($974 million) in new investments in mainland China, including plans to take a 24 percent stake in mainland developer Sincere Property Group, and the acquisition of a Shanghai commercial asset from… Read More>>
In today’s roundup of real estate headlines from Asia, Hong Kong’s housing rebound leads the way with home sales reaching new records over the weekend.
Elsewhere in the region, the investors behind an online to offline coffee startup seem eager… Read More>>
Most of the region is on holiday today, but there’s still news to report leading with developers and investors from Asia making acquisitions in the US, Europe and Australia.
In addition to a Singapore-listed REIT buying a pair of office… Read More>>
Developers in tropical Singapore kept their cool at a couple of land tenders last week with a site near Bugis, at the fringe of downtown bringing 10 offers, while a second plot in the Geylang red light district attracted only… Read More>>
Singapore-listed hotel investment firm First Sponsor late last week announced the acquisition of the Westin Bellevue Hotel in Dresden, Germany for €49.5 million ($55 million), a purchase which adds to the close to €400 million the CDL Group affiliate has… Read More>>
Singapore keeps churning out the headlines today as China and Hong Kong slow down as the city-state’s Mapletree Investments makes another US purchase and a major real estate agency names a new MD in the Southeast Asian financial hub. Meanwhile… Read More>>
A joint venture between ARA Asset Management and Chelsfield Asia has purchased the Manulife Centre on Singapore’s Bras Basah Road for S$555.5 million ($408.8 million), according to statements released late Friday.
Singapore-based ARA and Chelsfield, the Asian arm of a… Read More>>
At the top of today’s real estate news from around the region, while China’s leaders seem determined to stamp out housing speculation, that sentiment seems to have had little impact on the country’s world-leading supply of empty homes. Further south,… Read More>>
Shrugging off Brexit concerns, City Developments Limited (CDL) had added another trophy asset to its London collection. The Singapore-listed developer announced on Friday that it has acquired a prime office tower in London from Blackstone for £385 million ($493.99 million) —… Read More>>
City Developments Limited (CDL) has acquired Aldgate House, a prime commercial building in London for £183 million (approximately $239 million) from a joint venture between Hermes Investment Management and the Canada Pension Plan Investment Board (CPPIB) to continue expanding recurring… Read More>>