A joint venture led by developer Boustead Projects has agreed to acquire a mixed-use building near Singapore’s swanky Orchard Road for S$515 million ($371 million), taking advantage of a distressed-asset sale to pick up a prime property at a discount.
Singapore’s NTUC Enterprise Co-operative Ltd is close to selling off the majority of its Singapore real estate portfolio with its property arm marketing S$4.15 billion ($3 billion) in suburban malls at the same time that its insurance division is mulling… Read More>>
The family behind Singapore’s Lian Beng Group is on the move with two generations of the Ong clan announcing deals this past week, including an S$49.25 million ($35.67 million) purchase near Paya Lebar revealed on Friday.
Singapore-listed Lian Beng told… Read More>>
Perennial Holdings has teamed up with Far East Organisation and its Hong Kong-based sister firm Sino Land to buy the Golden Mile Complex in Singapore for S$700 million ($505 million), as they plan to transform the iconic property into an… Read More>>
The founder of local developer Fragrance Group has won a tender for an en bloc site in Singapore’s Farrer Park area with a bid of S$55.1 million ($40 million), as the former love hotel entrepreneur continues an acquisition spree stretching… Read More>>
ARA Asset Management and Chelsfield Asia are officially opening their office project in Singapore’s Bras Basah area this week, with top executives from the two firms confirming that the building now known as Lazada One is the target of offers… Read More>>
Private equity giant KKR on Tuesday announced its acquisition of the Twenty Anson office tower in Singapore’s downtown core, confirming a Mingtiandi report from a few weeks ago.
KKR paid Boston-based fund manager AEW just under S$599 million ($441.6 million)… Read More>>
Apple is buying an industrial building in Singapore’s Ang Mo Kio area from a unit of listed developer Yanlord Land Group for S$55 million ($40.3 million), according to people familiar with the matter,
Already the anchor tenant of the two-building… Read More>>
Mainland tech giant Alibaba is getting some new partners in a S$1.68 billion ($1.24 billion) office project in Singapore’s Tanjong Pagar area with companies controlled by mysterious Chinese investor Gordon Tang buying a 21 percent stake in the venture from… Read More>>
AEW has agreed to sell its second office tower in Singapore’s downtown core this year, as the market for commercial assets in Southeast Asia’s wealthiest city continues to attract global investors.
US private equity giant KKR is paying AEW just… Read More>>