Local private developer Sim Lian Group placed the higher of just two bids for a residential plot on Jalan Tembusu in eastern Singapore at S$828.8 million ($625.5 million), in a government land sale that drew weaker than expected interest from… Read More>>
Angelo Gordon Hits $1B Final Close of Private Credit Fund, Beating Target
Angelo Gordon on Monday announced the final closing of its asset-based private credit fund with more than $1 billion of equity commitments, exceeding the alternative investment firm’s $800 million target.
The vehicle focuses on asset-based private credit investments in a… Read More>>
Singapore Home Sales Drop 73% in June on Dearth of New Projects
After climbing for five consecutive months, Singapore new private home sales plunged to 278 units last month as a dearth of major condo launches dragged deals to their lowest level since December 2022.
Developer sales, excluding executive condominiums, dropped by… Read More>>
Evergrande Posts Long-Delayed Results, Revealing Two-Year Loss of $81B
China Evergrande on Monday posted its long-awaited financial results for 2021 and 2022, with the world’s most indebted developer disclosing hefty but narrowing annual losses and paving the way for a potential resumption of trading in its suspended shares.
Evergrande… Read More>>
Singapore’s Centurion Gets Green Light for HKEX Delisting
The Hong Kong stock exchange has approved the proposed delisting of Singapore-based rental accommodation specialist Centurion Corp.
The HKEX’s listing committee gave the go-ahead last Thursday, Centurion said Monday in a filing. The plan still requires the approval of shareholders… Read More>>
Hong Kong’s Far East Consortium Marketing Aussie Ritz-Carltons for Reported $342M
Hong Kong-based developer Far East Consortium (FEC) is marketing a pair of newly built Ritz-Carlton hotels in Melbourne and Perth with a combined 462 luxury rooms, testing the strength of a rebound in sales of hospitality assets.
The listed firm… Read More>>
Tech Survey Gauges AI-Readiness in Asia’s Real Estate Industry
ChatGPT launched in November last year and by January the AI-powered software had become the fastest-growing consumer software application in history, according to figures from UBS, with the rapid adoption of the program raising fresh interest in applying artificial intelligence… Read More>>
Singapore Picks MS, Equinix, GDS and Airtrunk-Bytedance JV for Data Centre Permits
Singapore is working with both east and west as it said on Friday that Equinix, Microsoft, GDS Holdings and a tie-up between AirTrunk and ByteDance have won rights to develop new data centre projects as the city-state ends a four… Read More>>
Hotel Tycoon Ong Beng Seng Arrested in Singapore Transport Minister Graft Probe
Ong Beng Seng, co-founder and controlling shareholder of SGX-listed Hotel Properties Ltd (HPL), has been arrested and was requested by Singapore’s anti-graft agency to provide details regarding his interactions with Transport Minister S. Iswaran, who has been put on leave… Read More>>
Chindata Takeover Battle Looms as Bain Refuses to Sell Shares Under CMC Offer
Chindata Group Holdings on Thursday acknowledged the receipt of two rival privatisation proposals from Bain Capital and state-backed China Merchants Capital, with Bain having reiterated that it doesn’t plan to sell any of its shares in the Beijing-based data centre… Read More>>
- « Previous Page
- 1
- …
- 156
- 157
- 158
- 159
- 160
- …
- 573
- Next Page »