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>>
CapitaLand has announced that it is selling a shopping mall for S$296 million ($217 million) to a Singapore megachurch that generated S$143 million in income last year and is led by one of the world’s richest pastors.
The Singapore-listed developer… Read More>>
CBRE has appointed Greg Hyland as managing director of capital markets for Asia Pacific, according to an announcement by the company.
The former JLL head of capital markets for Singapore takes charge of the consulting firm’s capital markets teams across… Read More>>
Singapore-based Hoi Hup Realty has entered into a binding agreement to buy the Andaz Singapore hotel, according to a statement posted today on the developer’s website, in what ranks as the largest ever purchase of a single hotel asset in… Read More>>
Less than one month after closing on $1.3 billion in fresh cash for its latest Asia real estate fund, US private equity firm has agreed to purchase an office complex in Singapore.
The New York based fund manager has signed… Read More>>
OUE has agreed to sell the hotel and serviced residence component of its OUE Downtown project, along with the associated business operations, to a pair of joint ventures between Far East Consortium and Hong Kong investment bank AMTD Group for… Read More>>
Arch Capital Management is buying Anson House in Singapore for S$210 million ($152 million), according to market sources.
A sale and purchase agreement is due to be signed this week, with Arch acting on behalf of an unnamed German fund,… Read More>>
Real estate transaction volumes in Asia Pacific hit a historic high of $86 billion in the first half of 2019, an increase of six percent year on year, despite property investment dropping by nineteen percent globally, according to a recent… Read More>>
A unit of Germany’s Commerzbank is selling an office tower in Singapore’s central business district at a 12 percent mark-down, some eleven years after purchasing the 13-storey office tower for S$744 million (now $542.79 million).
Commerz Real has sold 71… Read More>>
Allianz Real Estate and Gaw Capital have agreed to acquire the Duo Tower and Duo Galleria in Singapore for S$1.6 billion ($1.2 billion), according to a joint announcement by the two companies.
The Munich-based insurer is set to own a… Read More>>