Korean offices lead Mingtiandi’s review of real estate headlines from around the region today as a pair of asset managers trade a newly completed Seoul project. Also making the news are Link REIT’s effort to exit its first Australian asset… Read More>>
LaSalle, Elevate Buying Singapore Building From Raffles Education for $94M
Raffles Education has agreed to sell a commercial building in Singapore’s Clarke Quay area for S$121.8 million ($94 million), with market sources confirming a joint venture of LaSalle Investment Management and Elevate Capital Group as the buyer.
The private school… Read More>>
Hongkong Land Said to Weigh Sale of MCL Unit and More Asia Real Estate Headlines
Jardine Matheson’s Hongkong Land Holdings is reportedly considering the sale of its Singapore-based MCL Land unit, with that story leading today’s headline roundup. Also in the news, a French investor mulls a Singapore healthcare REIT and CapitaLand Investment expands its… Read More>>
PGIM JV Confirms $99.9M Stamford Court Buy for Singapore Value-Add Project
PGIM Real Estate on Monday announced its purchase of the Stamford Court commercial building near Singapore’s City Hall for S$132 million ($99.9 million) in a joint venture with private equity startup Elevate Capital Group, confirming a Mingtiandi report from August.
PGIM JV Buying Stamford Court From Singapore Land for $99.9M
Singapore’s real estate investment market started off the week with a pair of major transactions as SGX-listed Singapore Land late Monday announced the sale of a commercial building near City Hall at an agreed property value of S$132 million ($99.9… Read More>>