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Ong Pang Aik Lian Beng

CapitaLand Mall Trust Sells SG Mall to Lian Beng JV For $189M

2018/04/19 by Shawna Kwan Leave a Comment

CapitaLand Mall Trust (CMT) has sold the Sembawang Shopping Centre for S$248 million ($189 million), generating a net gain for the Singapore-listed real estate trust of S$119.6 million ($91 million), according to a statement to the stock exchange on Thursday.

… Read More>>

Holland Village MRT

15 Bidders Vie for $759M Site on Singapore’s Holland Road

2018/03/21 by Shawna Kwan Leave a Comment

A public tender for a mixed-use commercial and residential site valued at over S$1 billion ($759 million) in Singapore’s Bukit Timah neighbourhood has drawn 15 bids from a roster of property heavyweights including CapitaLand, UOL Group and Lendlease.

Ten consortia… Read More>>

John Lim ara

ARA Pays $317M to Add Australia’s Cromwell Property to Global Footprint

2018/03/09 by Shawna Kwan Leave a Comment

Singapore-based real estate fund manager ARA Asset Management is continuing a global growth strategy by acquiring a 19.5 percent stake in an Aussie real estate investment manager, just a week after announcing a new platform for investments in Europe.

The… Read More>>

Lim Ming Yan CapitaLand

Singapore’s CapitaLand Aims for $76B in Assets Under Management by 2020

2018/02/14 by Shawna Kwan Leave a Comment

Singaporean developer CapitaLand plans to grow its total assets under management from the current S$88.8 billion ($67 billion) to around S$100 billion ($76 billion) by 2020, the company revealed in its latest financial results announcement.

The largest developer in Southeast… Read More>>

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