Asia Pacific real estate investment news and information
Singapore’s Cuscaden Peak has put its 50 percent interest in a South Australia mall on the market as the Temasek-owned investment group continues to sell down its real estate portfolio.
Market sources say the half-stake in Westfield Marion, the largest… Read More>>
Chinese investor Elegant Group is adding a fifth Singapore shopping centre to its portfolio, with the company led by Zhao Zhichao having agreed to purchase the Clementi Mall from Temasek Holdings’ Cuscaden Peak Investments for S$809 million ($624.6 million), according… Read More>>
An entity tied to mysterious mainland Chinese investors has emerged as the front-runner to acquire The Clementi Mall in western Singapore, market sources confirmed Thursday.
The suburban mall was put on the market at a guide price of S$750 million… Read More>>
Temasek-owned Cuscaden Peak plans to seek a buyer for The Clementi Mall in western Singapore, with market sources not involved in the transaction confirming a guide price in the range of S$730 million to S$750 million ($568.5 million to $584… Read More>>
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>>
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>>
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>>
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>>
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>>
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.
