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GIC chief executive Lim Chow Kiat (Getty Images)

Singapore’s GIC Joins BlackRock, BA Fund for London Life Sciences Complex

2023/02/09 by Greg Isaacson Leave a Comment

Singaporean sovereign wealth fund GIC is expanding its biotech portfolio by teaming up with BlackRock Alternatives Real Estate and British Airways’ New Airways Pension Scheme (NAPS) to invest in a life sciences project in London’s King’s Cross district.

Developed by… Read More>>

Steve Hyunsuk Oh, CEO of Igis Asia

IGIS Asia Closes 2nd Data Centre Fund at $151M

2023/02/08 by Greg Isaacson Leave a Comment

IGIS Asia Investment Management, the pan-Asia fund management arm of South Korea’s IGIS Asset Management, has closed on its second data centre fund with a haul of KRW 190 billion ($151 million) as the Greater Seoul area emerges as a… Read More>>

Danny Queenan CBRE

CBRE IM Appoints Danny Queenan as CEO, Hires APAC Logistics Head

2023/02/08 by Christopher Caillavet Leave a Comment

CBRE Investment Management has appointed Danny Queenan as chief executive to succeed the retiring Chuck Leitner.

Queenan is taking the top job at CBRE IM as he continues to serve as CEO of the parent group’s overarching real estate investments… Read More>>

Ming Mei

GLP Launches Separate GCP Fund Management Entity After Reorganisation

2023/02/08 by Christopher Caillavet Leave a Comment

Asian industrial giant GLP on Tuesday unveiled GLP Capital Partners, a newly minted fund management business investing in sectors including logistics, data centres, renewable energy and related technologies.

GCP is the fruit of a reorganisation exercise that saw Singapore-headquartered developer… Read More>>

Raymond Lawler_Hines Asia-Pacific CEO

Hines to Build $1B Mixed-Use Complex in South Korea’s Busan

2023/02/07 by Christopher Caillavet Leave a Comment

US developer Hines on Tuesday announced plans to build and operate a 74-storey mixed-use complex in South Korea’s second-largest city of Busan.

Dubbed the Global Quantum Complex, the $1 billion project will house the nation’s first quantum computing R&D hub,… Read More>>

Boustead Singapore chairman Wong Fong Fui

Boustead Singapore Offers $213M Buyout of Property and Engineering Division

2023/02/07 by Beatrice Laforga Leave a Comment

SGX-listed investment firm Boustead Singapore is proposing to take its property and construction division Boustead Projects private in an offer that values the company at S$281.9 million ($212.5 million), adding to a recent flurry of property company buyouts.

Boustead Singapore… Read More>>

Tan Yew Chin CapitaLand Development

CapitaLand to Redevelop Singapore’s JCube Mall Into 40-Storey Residential Project

2023/02/07 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Development has obtained provisional permission from authorities to redevelop its JCube mall into a 40-storey residential project after acquiring the property from an affiliated REIT one year ago.

Targeted for completion in 2027, the development will feature commercial… Read More>>

Nicholas Toh, group chief executive officer of DCI Data Centers

Nicholas Toh Takes Over as Group CEO at DCI Data Centers

2023/02/07 by Greg Isaacson Leave a Comment

DCI Data Centers, an arm of Brookfield Infrastructure, has tapped Nicholas Toh to serve as group chief executive officer, bringing more than two decades of experience in data centres, real estate investment and finance to the Singapore-based role.

The Australian… Read More>>

Matthew Ong, CEO of SLB Development

Singapore’s SLB Buys South Bridge Road Commercial Assets From Hwa Hong for $10M

2023/02/06 by Beatrice Laforga Leave a Comment

Singapore-listed builder SLB Development has picked up a pair of low-rise office buildings between the city-state’s Boat Quay and Clarke Quay areas with plans to renovate or redevelop the ageing assets near the Singapore River, Mingtiandi has learned.

The property… Read More>>

David Loh Kim Kang Centurion

Singapore’s Centurion Plans $92M Sydney Student Housing Project

2023/02/05 by Beatrice Laforga Leave a Comment

Singapore-based Centurion Properties is proposing to build a 732-unit student housing complex in Sydney, Australia for A$132.17 million ($91.5 million) to serve the growing demand for high quality facilities generated by a wave of returning overseas students.

A unit of… Read More>>

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