Wing Tai Holdings has won a tender for the collective purchase of a residential building in Singapore’s posh Holland Village area for S$76.3 million ($56.8 million), with the developer planning to remake the site into luxury housing as the city-state’s… Read More>>
AirTrunk Starts Next Phase of 2nd Tokyo Facility and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Australia’s AirTrunk begins construction on the second phase of its second Tokyo data centre, and Singapore’s Hong Heng Mansions launches a collective sale.
AirTrunk Breaks Ground on Second Phase of… Read More>>
Singapore’s Orchard Towers Fails to Sell at $1.2B Price Tag
Singaporean real estate firm Hiap Hoe announced that the attempted collective sale of Orchard Towers has failed, a year after owners of units in the notorious entertainment and office complex put the property on the market with a reserve price… Read More>>
LHN Buys $60M Office Block Near Singapore Management Uni for Co-Living Venture
Singapore-listed LHN Group continues to add properties to its rental residential portfolio with a deal to purchase a commercial block in the city-state’s Rochor district for S$80 million ($60.1 million), which was revealed in a regulatory filing on Friday.
LHN’s… Read More>>
Singapore’s UOL Clinches East Coast Residential Site For $295M
A joint venture between UOL Group and its Singapore Land Group subsidiary won a residential project in Singapore’s East Coast for S$392.18 million ($295.39 million) and now plans to redevelop the project into as many as 250 luxury homes, the… Read More>>
CPPIB Net Assets Climb to $398B and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, the Canada Pension Plan Investment Board reports a positive quarterly investment return, though values of private assets under management “remained relatively flat”.
CPPIB Reports 1.9% Return, Net Assets Increase to… Read More>>
Singapore Condo Complex Sells for $86M in First Collective Sale of the Year
A condo complex on Singapore’s Upper East Coast Road has sold for S$115.3 million ($86.6 million) in the city-state’s first collective sale of 2023, with a consortium of unidentified buyers braving a slowing housing market to pick up the 43-unit… Read More>>
Singapore’s Hiranandani Buying Orchard Road Commercial Building in Record $127M Deal
Singapore’s Royal Group has agreed to buy a commercial building near the city’s Orchard Road shopping strip for S$172 million ($126.7 million), setting a city-wide record high price per square foot of buildable area as it plans to redevelop the… Read More>>
Digital Core REIT Buying Frankfurt Data Centre Stake and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Digital Core REIT proceeds with buying a stake in a German data centre while forgoing an acquisition in Dallas, and a journalistic probe illuminates casino boss Steve Wynn’s shadowy connections in China.
Singapore Office Tower on Market for $473M and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a 1970s-era commercial tower heads for collective sale in Singapore, SGX-listed First REIT reportedly targets a portfolio of Aussie healthcare assets, and China’s stimulus measures boost Hong Kong-listed property stocks.
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