Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of the Raffles Place central business district for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking… Read More>>
Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase a 50 percent stake in a suburban Singapore shopping centre from Frasers Property, the SGX-listed developer controlled by the Thai billionaire.
TCC Prosperity’s purchase… Read More>>
Oxley Holdings has received an expression of interest from an anonymous suitor to buy the retail and banking podium of Singapore’s Chevron House for S$315 million ($223 million), the company said this week, with the reported offer coming in 34… Read More>>
Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the Southeast Asian financial hub’s biggest property sale so far in 2020.
The SGX-listed developer announced today that it has agreed to sell… Read More>>
Hong Kong-based real estate investment firm Far East Consortium International has appointed Derek Cheung as chief executive officer of a hotel trust that the group plans to list in the coming months.
Cheung, who started his new role as head… Read More>>
ARA Asset Management has announced that it has completed the purchase of Singapore’s Robinson Centre on behalf of one of its private real estate funds, marking the second acquisition by the Warburg Pincus-backed investment manager in just under two weeks.
A Warburg Pincus-backed retail real estate venture in Indonesia chose the last day of 2019 to announce the year’s largest shopping centre acquisition, buying a set of five malls for approximately rupiah 1.74 trillion ($123.5 million).
Nirvana Wastu Pratama, better… Read More>>
An ARA-managed fund is close to signing a final agreement to purchase a commercial building in Singapore’s financial district for approximately S$340 million ($251 million), according to a source familiar with the transaction who spoke to Mingtiandi.
The fund, which… Read More>>
Warburg Pincus-backed ARA Asset Management has agreed to sell its entire 10 percent stake in a Singapore-listed logistics REIT to Logos Property, parting with its ownership in the real estate trust’s manager as part of the same transaction, according to… Read More>>
Street protests and macroeconomic woes may be grabbing headlines in Asia Pacific, but investors in the region’s commercial real estate markets shrugged off the bad news to deliver a record-breaking $128 billion in transactions during the first three quarters of… Read More>>