JLL has promoted Ting Lim to head of capital markets for Singapore, the property services firm revealed to Mingtiandi today.
The capital markets executive and Singapore local, who joined JLL in 2004, has stepped up to her new role amid… Read More>>
Gaw Capital Leads $325M Purchase of Hollywood Shopping Mall
Gaw Capital USA and US private equity firm DJM have purchased a Hollywood megamall in the largest acquisition of a single US retail asset outside of Manhattan in nearly three years, according to a joint announcement by the companies.
Los… Read More>>
Blackstone Said Buying Out Indiabulls Office Portfolio for INR 48B
Blackstone is said to be within a few weeks of taking full control of Indiabulls Real Estate Limited’s office portfolio, according to people with direct knowledge of the matter cited by India’s Economic Times.
The deal will see Blackstone acquiring… Read More>>
Arch Capital Buying Singapore’s Anson House for S$210M
Arch Capital Management is buying Anson House in Singapore for S$210 million ($152 million), according to market sources.
A sale and purchase agreement is due to be signed this week, with Arch acting on behalf of an unnamed German fund,… Read More>>
WeWork Said to Pick JPMorgan to Manage $6B Debt Offering, Lead IPO
The final timing for WeWork’s upcoming initial public offering has yet to be set, however, the office-sharing startup is close to finalising the details of a $6 billion debt offering, in a deal which indicates a launch date of not… Read More>>
Singapore’s Xander Buying India Biz Park from US PE Firm for $130M
Singapore-based Xander Investment Management has agreed to purchase a business park in the Indian city of Pune for INR 900 crore ($130 million), according to market sources.
The private equity firm, which has invested over $3.7 billion in India real… Read More>>
Compulsory Sale Moves Henderson Closer to 1M SqFt Kowloon Project
Henderson Land Development has moved a step closer to consolidating a site for a 1 million square foot mixed-use project in Kowloon’s Hung Hom area, thanks to a judicial ruling last week.
Hong Kong’s Lands Tribunal last week approved an… Read More>>
US Pension Fund Revealed as Backer of HK$420M Buy of HK Apartment Tower
The buyer of a serviced apartment building at 111 High Street in Hong Kong has been revealed by market sources as a recently formed private equity fund manager backed by a US pension fund.
Hong Kong-based Crane Capital has agreed… Read More>>
Commerzbank Sells 71 Robinson Road in Singapore to Sun Venture for S$655M
A unit of Germany’s Commerzbank is selling an office tower in Singapore’s central business district at a 12 percent mark-down, some eleven years after purchasing the 13-storey office tower for S$744 million (now $542.79 million).
Commerz Real has sold 71… Read More>>
Allianz, Gaw Pair Up to Buy Singapore’s Duo Complex for S$1.6B
Allianz Real Estate and Gaw Capital have agreed to acquire the Duo Tower and Duo Galleria in Singapore for S$1.6 billion ($1.2 billion), according to a joint announcement by the two companies.
The Munich-based insurer is set to own a… Read More>>
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