Asia Pacific real estate investment news and information
The bidding war for Singapore Press Holdings’ real estate business escalated again on Monday, as Temasek-backed Cuscaden Peak announced a S$3.9 billion ($2.89 billion) offer that the Straits Times publisher judged “superior” to rival suitor Keppel Corporation’s terms.
The latest… Read More>>
Roxy-Pacific Holdings on Monday announced a takeover bid led by the Singapore-listed developer’s controlling family.
TKL & Family Pte Ltd, a holding company owned chiefly by Roxy-Pacific chairman and CEO Teo Hong Lim and his relatives, has made a… Read More>>
ARA Asset Management has found a buyer for 61 Robinson Road just over 19 months after acquiring the office building in Singapore’s downtown core, according to a representative of the property fund manager, which expects to soon complete renovation of… Read More>>
The sale of a residential site near the Greater Southern Waterfront project has provided the latest evidence of Singapore’s housing market snapping out of its pandemic-induced funk.
In the city’s biggest collective sale this year, the homeowners of Flynn Park… Read More>>
A western Singapore mall has become Firmus Capital’s second acquisition in the city-state, boosting the local private equity firm’s newly launched Firmus Opportunity Fund VCC to S$200 million ($147.8 million) in assets under management.
The single-storey Le Quest Mall in… Read More>>
Owners of a strata-title office tower in Singapore’s Tanjong Pagar area have agreed to put their 50-storey property on the market in a move that could lead to the city’s largest collective sale ever and provide the latest sign of… Read More>>
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of real estate assets, in a cash-and-scrip deal valuing the Straits Times publisher at S$3.4 billion ($2.5 billion).
Under an agreement between the two firms announced… Read More>>
Suntec REIT has sold its 30 percent stake in Swiss bank UBS’s Singapore headquarters for S$295.5 million ($220.2 million), in a transaction that puts the owners of SingHaiyi Group in full control of the recently renovated asset.
“The divestment of… Read More>>
A pair of Singapore-listed firms controlled by a mysterious mainland investor with links to the younger brother of former US president George W Bush has teamed with a Hong Kong construction firm to win a tender for a mixed-use project… Read More>>
Showing continued faith in demand for Singapore office space among corporate giants, Ascendas REIT has agreed to buy the 75 percent stake in a top-end business park property held by its sponsor, and partner in the project, CapitaLand.
The SGX-listed… Read More>>
