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Richard Ng

Frasers Centrepoint Trust Sells Suburban Singapore Mall for $164M

2021/03/22 by Christopher Caillavet Leave a Comment

Frasers Centrepoint Trust said late Friday that it had agreed to sell the YewTee Point mall in western Singapore for S$220 million ($164 million), the latest in a string of divestments for the SGX-listed REIT.

In a press release, the… Read More>>

TikTok Leases London Building Despite Tech Spat and More Asia Real Estate Headlines

2021/03/08 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, social media sensation TikTok sweeps aside diplomatic frictions and signs a 15-year lease in London, China vows to solve the housing problem plaguing the country’s biggest cities, and JP Morgan analysts foresee a… Read More>>

HK Co-living Firms Slash Rents as Tenants Scram and More Asia Real Estate Headlines

2020/03/31 by James Hatton Leave a Comment

Communal housing leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that co-living operators in Hong Kong have been forced to slash rents as occupancy rates fall.

In other news around the region, Hong… Read More>>

Mirae Selling Chicago Office Tower for $225M and More Asia Real Estate Headlines

2020/03/12 by James Hatton Leave a Comment

A Chicago office block leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean investor is offloading the 31-storey property for $225 million – just $7 million more than its acquisition… Read More>>

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Ex-WeWorker was Paid $2M to Hush Up Sex and Drug Claims and More Asia Real Estate Headlines

2020/02/25 by James Hatton Leave a Comment

Allegations of hedonism and sexual assault lead the way in Mingtiandi’s roundup of Asia real estate headlines today as a former employee of WeWork is said to have been paid $2 million to stay quiet about the drug and sex… Read More>>

Frasers REIT Managers Propose S$5.7B Supersized Singapore Merger

2019/12/02 by James Hatton Leave a Comment

The managers of a pair of Frasers Property-sponsored real estate investment trusts have agreed to the terms of a merger, which if approved by their unit holders, will result in a single REIT with a portfolio valued at S$5.7 billion… Read More>>

Frasers Planning $4B SG REIT Merger and More Asia Real Estate Headlines

2019/11/28 by James Hatton Leave a Comment

A pair of Singapore-listed REITs lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the two real estate investment trusts are planning a merger that will create a super-REIT with a portfolio… Read More>>

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Google Leases 344,000 SqFt at Frasers’ Alexandra Technopark in Singapore

2019/06/27 by James Hatton Leave a Comment

The manager of Frasers Commercial Trust has entered into an agreement with Google Asia Pacific that will see the California-based tech giant set up a new base in Singapore, according to an announcement to the stock exchange.

The maker of… Read More>>

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