Leading today’s roundup, the owners of Singapore’s Mandarin Gardens condominium agreed to put the mammoth project up for collective sale — but it won’t be cheap. Also in the headlines, a Singaporean developer is chipping in to a European property… Read More>>
Quek and Kwek Buy SG Site for $744M in Biggest En Bloc Sale Since 2007
Companies controlled by Singaporean tycoon Kwek Leng Beng and his cousin, Malaysian magnate Quek Leng Chan, have teamed up to buy a prime freehold site in the city’s River Valley neighborhood for S$980 million ($744 million).
The deal is Singapore’s… Read More>>
CLSA Links Up with Avignon for Europe Deals and More Asia Real Estate Headlines
Asian cross-border capital flows are at the top of the news again today, as Hong Kong-based CLSA is moving into Europe by partnering with a London-based asset management player. Singapore’s acquisitive sovereign wealth fund is making a slightly shorter trip… Read More>>
Home Prices Slip in 11 Major Mainland Cities and More Asia Real Estate Headlines
Leading today’s news roundup, home prices slid in 11 of China’s biggest cities in January, as smaller conurbations continued to climb. Also in the headlines, prime office rents in Singapore’s downtown core are believed to have hit bottom at S$9… Read More>>
CDL Submits Plans for £1.25B London Project and More Asia Real Estate Headlines
As Asia gets back to work after the lunar new year holiday, the region’s investors are making the headlines in both London and Sydney as we head into the year of the dog. Also in the news, two more Singapore… Read More>>
Singapore’s City Towers Sells for $304M and More Asia Real Estate Headlines
Leading today’s news roundup, Singapore has notched another large collective sale, with a freehold development in District 10 changing hands for more than 13 percent above the reserve price. There’s some tech news as well, as a Hangzhou-based startup that… Read More>>
HNA Says It Will Sell $16B in Assets Before July and More Asia Real Estate Headlines
It’s traditional to get rid of things you don’t need and to pay off debts before Chinese New Year, and China’s HNA Group appears to be honoring this heritage with the revelation of a planned sale of $16 billion in… Read More>>
Mega-Sites Join Singapore En Bloc Surge and More Asia Real Estate Headlines
Leading today’s news roundup, Singapore’s collective sale frenzy is kicking into high gear, with the owners of a massive condo development moving to offer the million-square-foot site for sale — and analysts say it could fetch over S$2 billion ($1.5… Read More>>
Wanda Close To Selling Aussie Projects and More Asia Real Estate Headlines
Leading the news today, Dalian Wanda Group continues to unwind its overseas property empire, with reports emerging that the Chinese conglomerate is close to selling its flagship Australian projects — and the buyer could be a controversial mainland developer. Things… Read More>>
China’s Country Garden Raises $3B To Pare Debt and More Asia Real Estate Headlines
Leading today’s roundup, China’s biggest developer by sales announced a $3 billion fund-raising plan to repay debt — and promptly took a beating on the Hong Kong stock exchange due to the dilution of its existing shares. Singapore housing continues… Read More>>
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