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Cuscaden Peak CEO Gerald Yong

Cuscaden Peak Wins Approval for $2.1B Privatisation of Singapore’s Paragon REIT

2025/04/22 by Christopher Caillavet Leave a Comment

Paragon REIT unitholders overwhelmingly approved Cuscaden Peak’s privatisation of the SGX-listed retail trust at a Tuesday meeting, paving the way for a potential disposition of the portfolio’s three remaining properties.

The privatisation scheme passed with the support of unitholders representing… Read More>>

100 Mount Street in North Sydney

Hines Said Eyeing $385M North Sydney Office Tower and More Asia Real Estate Headlines

2024/12/12 by Michael Cole Leave a Comment

US developer and fund manager Hines leads today’s headline roundup with tentative plans to buy a North Sydney skyscraper. Also in the news, Hong Kong’s New World Development sells a Kowloon industrial tower and Singapore’s GIC seeks more bids for… Read More>>

ONg Beng Seng

Singapore’s Paragon REIT Selling Its 85% Stake in Aussie Mall for $106M

2024/11/25 by Christopher Caillavet Leave a Comment

Paragon REIT has announced plans to sell its entire 85 percent interest in a New South Wales mall for A$163.2 million ($106.4 million), a divestment which pares the Singapore-listed trust’s Australia portfolio down to a single asset.

The deal values… Read More>>

ONg Beng Seng

Cuscaden Peak, Kajima Seeking $596M for Singapore’s Woodleigh Mall

2024/07/13 by Christopher Caillavet Leave a Comment

Cuscaden Peak is marketing its Woodleigh Mall in north-central Singapore for S$800 million ($596 million), sources confirmed to Mingtiandi on Friday.

The retail project next to Woodleigh MRT station was completed last year and is held in a 50:50 joint… Read More>>

ONg Beng Seng

Cuscaden Peak-Managed Paragon REIT Sells Singapore Strip Mall for $58M

2024/06/22 by Michael Cole Leave a Comment

Paragon REIT has agreed to sell a strip mall in the Upper Bukit Timah area for S$78.5 million ($58 million), reducing the Singapore-listed trust to just two properties in its home market, with another two in Australia.

“The divestment is… Read More>>

Hiew Yoon Khong of Mapletree

Mapletree Buys $1.3B European Student Housing Portfolio From Cuscaden Peak

2024/04/12 by Michael Cole Leave a Comment

Singapore’s Mapletree Investments continues to expand its global portfolio of student housing with the unit of Temasek Holdings announcing on Friday that it has acquired 31 purpose-built student accommodation (PBSA) assets in Europe from its compatriots at Cuscaden Peak Investments.

… Read More>>

Robert Kuok

Robert Kuok’s Allgreen Completes $410M Purchase of Singapore’s Seletar Mall

2024/03/07 by Beatrice Laforga Leave a Comment

Robert Kuok’s Allgreen Properties has completed its S$550 million ($410 million) purchase of the Seletar Mall in northeastern Singapore from a joint venture of Cuscaden Peak and United Engineers Ltd (UEL), the companies announced Thursday.

Allgreen, the Singapore property development… Read More>>

Robert Kuok

Robert Kuok’s Allgreen in Talks to Buy Suburban Singapore Mall for $387M

2024/01/17 by Beatrice Laforga Leave a Comment

A Singapore developer controlled by the family of Shangri-La Hotel founder Robert Kuok is in talks to acquire a shopping centre in northeastern Singapore from a joint venture between Temasek Holdings-backed Cuscaden Peak and Yanlord Land’s United Engineers Ltd (UEL)… Read More>>

42 Nassim Road SIngapore

Indonesian Family Buys Bungalows on Singapore’s Nassim Road for $155M

2023/04/19 by Beatrice Laforga Leave a Comment

Temasek Holdings-backed Cuscaden Peak Investments has sold three mansions on Singapore’s Nassim Road for S$206.7 million ($155 million), according to a company representative, with a market source identifying the buyer to Mingtiandi as a wealthy Indonesian family.

The two-storey good… Read More>>

china construction

State Aid Boosts China Developer Shares and More Asia Real Estate Headlines

2022/11/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a state-led financing scheme sparks Chinese developer shares, fashion retailer Gap moves to sell its Greater China business units, and data centre giant Equinix announces a fresh investment in Japan.

… Read More>>

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