Asia real estate and outbound investment news
Four days after ESR Cayman backed away from an impending $1.4 billion IPO, the warehouse developer’s Singapore affiliate today unveiled a trio of initiatives aimed at expanding its presence in Southeast Asia’s wealthiest city.
In a set of early morning… Read More>>
Gaw Capital Partners is leading an investor consortium that has entered into advanced negotiations for the acquisition of the Duo Tower office building and the connecting Duo Galleria shopping centre for a sum in excess of S$1.5 billion ($1.1 billion),… Read More>>
ARA Asset Management announced today that it has registered the initial public offering prospectus for ARA US Hospitality Trust, kicking off a $451 million listing for the hotel investment vehicle in Singapore.
The public offer, which began on Thursday night… Read More>>
Property developer Oxley Holdings has agreed to sell Chevron House, an office building at Raffles Place for up to S$1.025 billion ($758 million), according to a filing by the company with the Singapore Stock Exchange on Tuesday.
The buyer, according… Read More>>
Singapore’s Perennial Real Estate Holdings and a consortium of investors including Singapore Press Holdings (SPH) have agreed to sell a retail complex in the city’s Chinatown precinct for S$520 million ($383.28 million), the listed companies announced on Monday.
Under the… Read More>>
City Developments Ltd (CDL) and Alpha Investment Partners have agreed to sell a suburban office project in Singapore at a reported S$395 million ($291.5 million) valuation, marking the second divestment from a joint venture between the listed developer and the… Read More>>
Listed developer UOL and its subsidiary, United Industrial Corp (UIC), have agreed to pay S$675.3 million ($499.26 million) to take 100 percent ownership of the Marina Square shopping centre and the Marina Mandarin hotel in Singapore.
The pair of companies… Read More>>
Oxley Holdings has appointed new consultants to find a fresh buyer for its Novotel and Mercure hotels on Stevens Road after a previous suitor was found to have breached the terms of a letter of intent for purchase of the… Read More>>
Frasers Property Ltd and Frasers Centrepoint Trust, a REIT managed by a unit of the Singapore-listed developer, are together acquiring an additional 31.66 percent stake in a PGIM retail real estate fund that owns a set of suburban Singaporean malls,… Read More>>
Oxley Holdings announced late Thursday that it has received an unsolicited expression of interest in the amount of S$1.025 billion ($758 million) for the Chevron House building at Raffles Place, exactly one year after the Singapore-listed developer completed its purchase… Read More>>
