A company linked to jailed Vietnamese businesswoman Truong My Lan is in the process of selling a five-star hotel along Singapore’s Robinson Road at a 30 percent discount from what it paid for the property last year, according to market… Read More>>
IOI Boss Buys Shenton House for $392M in Singapore’s Second-Largest Deal of 2023
A private company controlled by the vice chairman of Malaysia’s IOI Properties Group has struck a deal to make Singapore’s second largest real estate acquisition of 2023, picking up the Shenton House commercial tower in the central business district for… Read More>>
ESR-Logos REIT Selling Singapore Building for $39M in Ninth Divestment in 10 Months
ESR-Logos REIT said on Monday that it has agreed to sell an industrial building on the west coast of Singapore for S$53 million ($38.5 million) in its ninth sale of a building from its portfolio in the past 10 months.
Mainland Billionaire’s Bright Ruby Buying Singapore Mall for Reported $667M
Bright Ruby Resources has won the tender for an en bloc redevelopment site along Singapore’s Orchard Road for a reported S$908 million ($667 million), agreeing to a deal which now becomes the largest collective sale in the city-state so far… Read More>>
TE Capital in Due Diligence for Office Building in Singapore’s Orchard Area
Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>
Pan Pacific Selling Little India Hotel to Worldwide for $389M in Singapore Record Deal
Pan Pacific Hotels Group is selling the Parkroyal on Kitchener Road hotel in Singapore’s Little India neighbourhood for S$525 million ($389 million) in the city-state’s largest hospitality deal ever.
The hospitality arm of Singapore property conglomerate UOL Group said in… Read More>>
LaSalle-TE Capital Singapore JV Solitaire on Cecil Sold Out in Three Months
TE Capital and LaSalle Investment Management have sold out the last of the office floors in their Solitaire on Cecil project in Singapore’s central business district less than three months after the official launch, amid strong demand from family offices… Read More>>
TE Capital, LaSalle Near Sell-Out of Cecil Street Office Project in Singapore
TE Capital and LaSalle Investment Management are close to selling two-thirds of their joint venture office project on Cecil Street in under five months as investors continue to buy up floors in the freehold project in Singapore’s central business district.
Cecil Street Project Sets Singapore Price Record as 3 Floors Sell for $122M
A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>
Chinese Investor Buys Office Block in Singapore’s Chinatown For $70M
A Chinese investor has purchased an office block in Singapore’s Chinatown from Liberty Insurance Singapore for 23 percent below the property’s original asking price, as mid-size acquisitions by wealthy individuals play a growing role in the city-state’s investment market.
A… Read More>>
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