After making the Lion City’s largest purchase of a single hotel earlier this week, Singapore’s Worldwide Hotels Group has followed up with an A$170 million ($112.8 million) buy of a high-rise hotel in downtown Melbourne from one of its compatriots.
Hong Kong Office Market Continues to Contract in Q2 as Reopening Disappoints
Occupiers in Hong Kong’s Grade A office market gave back 172,700 square feet (16,044 square metres) more than they took up in the second quarter of 2023, mainly due to downsizing by multinational companies in Tsim Sha Tsui and Central,… Read More>>
GLP Capital Partners Hits $360M Final Closing for 8th China Income Fund
GLP Capital Partners has reached the final closing of the eighth edition of its China onshore income fund series, amassing equity commitments of RMB 2.6 billion ($360 million).
The capital for the long-term vehicle was raised from a group of… Read More>>
Wheelock Wins Residential Site in Hong Kong’s Kennedy Town with Bargain $220M Bid
Wheelock Properties has won a residential site in Hong Kong’s Kennedy Town at a lower-than-expected price of HK$1.72 billion ($220 million) as the housing market continues to cool in the Asian financial hub.
Hong Kong’s Lands Department announced the winning… Read More>>
Singapore Expanding Family Office Incentives to Keep Cash Local, Go Green
The Monetary Authority of Singapore on Wednesday expanded the island financial hub’s outreach to wealthy private investors by introducing new tax policies to nudge single family offices towards sustainability-focused projects and philanthropic works.
In remarks at a briefing on MAS’s… Read More>>
Lian Beng’s $251M Buyout Moving Forward as Shareholders Accept Chairman’s Sweetened Offer
The Ong family behind Lian Beng Group has persuaded enough shareholders to accept a sweetened buyout offer for the Singapore-listed developer for the privatisation to move ahead towards a delisting.
Led by Lian Beng chairman and patriarch Ong Paik Ang,… Read More>>
Pan Pacific Selling Little India Hotel to Worldwide for $389M in Singapore Record Deal
Pan Pacific Hotels Group is selling the Parkroyal on Kitchener Road hotel in Singapore’s Little India neighbourhood for S$525 million ($389 million) in the city-state’s largest hospitality deal ever.
The hospitality arm of Singapore property conglomerate UOL Group said in… Read More>>
Hillhouse Identified as Buyer of $232M ESR-Logos REIT Singapore Portfolio
Hillhouse Capital has made its first major industrial buy in Singapore with Mingtiandi now able to identify the Chinese private equity major as the buyer of a set of five industrial facilities in the city-state sold by ESR-Logos REIT last… Read More>>
Value Partners Buying $30M Half-Stake in Italian Logistics Portfolio From Cromwell
Australia’s Cromwell Property Group has agreed to a joint venture with Value Partners Group that will see the Hong Kong-based asset manager acquire a 50 percent stake in Cromwell’s portfolio of seven logistics assets in northern Italy.
The sale is… Read More>>
Singapore Private Home Prices Fall for First Time in More Than Three Years
Singapore’s price index for private residential properties fell 0.4 percent in the April-June quarter compared with the first three months of the year, marking the first decline since the first quarter of 2020, according to the Urban Redevelopment Authority’s flash… Read More>>
- « Previous Page
- 1
- …
- 112
- 113
- 114
- 115
- 116
- …
- 402
- Next Page »