Embattled Chinese developer Country Garden posts a record loss for 2023, with that belated earnings release leading today’s headline roundup. Also in the news, CapitaLand India Trust reveals a data centre leasing deal and Paragon REIT’s sale of an Australian… Read More>>
AIMS APAC REIT Selling Singapore Warehouse for $18M and More Asia Real Estate Headlines
An industrial REIT announces plans to sell a western Singapore shed, with that disposal leading today’s headline roundup. Also making the list, China Evergrande seeks a buyer for founder Xu Jiayin’s private jet and Fosun Tourism bids to take itself… Read More>>
Commercial Complex on Singapore’s Orchard Road Up for Collective Sale at $699M
The Far East Shopping Centre along Orchard Road in Singapore has been put up for collective sale at a price of S$928 million ($699 million) in a move that could add to the rejuvenation of the famous shopping belt.
Owners… Read More>>
GIC Makes $122M Exit From Mumbai Mall Venture and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore’s GIC sells its half-stake in a Mumbai mall, and Fitch puts industrial giant GLP on a negative ratings watch. Also happening in India, Blackstone’s Nexus Select Trust IPO was oversubscribed on the… Read More>>
Far East Organization Selling Western Singapore Warehouse for $89M
Far East Organization has agreed to sell a logistics facility in Singapore’s Tuas district to a global pool manufacturer for S$120.6 million ($89.4 million), parting with its fifth and final asset from an industrial complex which it developed nearly three… Read More>>
Far East-Sekisui House, Bukit Sembawang Top Bidding in Muted Singapore Land Sales
A joint venture between Singapore builder Far East Organization and Japan’s Sekisui House emerged as the highest bidder for one of two residential land sales in the Lion City that closed late Thursday. Analysts, however, were quick to point to… Read More>>
Perennial, Sino Land, Far East JV Buying Singapore’s Golden Mile for $505M
Perennial Holdings has teamed up with Far East Organization and its Hong Kong-based sister firm Sino Land to buy the Golden Mile Complex in Singapore for S$700 million ($505 million), as they plan to transform the iconic property into an… Read More>>
Far East, Sino Land Win Central Singapore Mixed-Use Site for $770M
A joint bid by Singapore-based Far East Organization and Hong Kong’s Sino Group has won a tender for a commercial and residential site in the leafy Jalan Anak Bukit area of central Singapore, with the S$1.03 billion ($770 million) offer… Read More>>
Far East Org, Sino Make 3 of 5 Bids for Bukit Timah Site and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, sister firms Far East Organization and Sino Group place multiple bids for a Singapore development site, Hongkong Land adds to its pile of sustainability-linked loans, and China’s fresh grads struggle to pay rents… Read More>>
Blackstone India JV to Sell Business Park for $1.3B and More Asia Real Estate Headlines
In today’s batch of regional news headlines, India’s Embassy REIT agrees to buy business park assets from a Blackstone-led joint venture, property services firm Sunac eyes a $1 billion capital raise from its Hong Kong IPO, and department store chain… Read More>>