Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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>>
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>>
With investors from China still hobbled by that country’s restrictions on capital outflows, the mainland slowdown is leaving the stage open for buyers from one of Asia’s smallest nations to land deals in a growing list of locations.
Today, the… Read More>>
Singaporean property heavyweight City Developments Limited (CDL) has offered to buy out the outside investors in its Millennium & Copthorne Hotels, in a deal that values the London-listed global hotelier at £1.8 billion ($2.4 billion).
CDL, which already holds a… Read More>>
The Singapore housing market is on the rebound and one of the southeast Asian financial hub’s biggest development groups has bought out the residents of a 200-unit housing block on the island city’s east coast to add to its project… Read More>>
China’s burgeoning co-working sector just got another burst of cash, with Shanghai-based shared office startup Distrii closing on a RMB 200 million ($30 million) round of financing from a group of global investors.
Singapore’s City Developments Limited (CDL) and California-based… Read More>>
