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>>
Hong Leong Wins Hillview Rise Site in Western Singapore for S$460M
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
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>>
Shanghai’s Distrii Opens First Overseas Co-Working Centre in Raffles Place
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>>
GIC Enters $300M Mexico Multi-Family JV and More Asia Real Estate Headlines
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 Submits Plans for £1.25B London Project and More Asia Real Estate Headlines
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>>
CDL Places Top Bids for Two SG Housing Sites and More Asia Real Estate Headlines
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>>
CDL Appoints AXA Veteran Frank Khoo To Build Fund Management Business
Singaporean property giant City Developments Limited (CDL) has appointed former AXA Investment Managers executive Frank Khoo as group chief investment officer to drive the company’s new real estate fund management business.
Khoo will assist the group CEO, Sherman Kwek, in… Read More>>
Singapore’s CDL Praised for Green, Female-Friendly Culture
Singaporean property giant City Developments Limited (CDL) is the world’s only real estate company to be honoured for both its female-friendly culture and green initiatives by a pair of newly released international rankings.
The listed developer of over 18 million… Read More>>
Developer CWG Buys Hangzhou Site for $178M and More Asia Real Estate Headlines
Singapore-listed companies and Southeast Asian happenings lead the news today, with a SGX-listed developer winning a residential and commercial plot in Hangzhou, China for $178 million. Also in the news, a Malaysian developer has unveiled the country’s biggest indoor theme… Read More>>
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