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KKR, TPG Lead S$300M Round for SG’s PropertyGuru and More Asia Real Estate Headlines

2020/09/03 by Shiunne Bulsombut Leave a Comment

Technology seems to finally be enjoying its day in the real estate industry’s centre ring this week as news of a fresh funding round for an online property platform adds to near-daily coverage of data centre initiatives.

… Read More>>

northpoint city singapore

Frasers Sells Half of S$1.1B Mall to Thai Cousin at Mark-Up Amid Retail Slump

2020/07/15 by Jonathan Burgos Leave a Comment

Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase half of a suburban Singapore shopping centre from Frasers Property, the SGX-listed developer controlled by the Thai billionaire.

TCC Prosperity’s purchase of the south… Read More>>

Eagle Hospitality Trust Manager Investigated and More Asia Real Estate Headlines 

2020/06/09 by James Hatton Leave a Comment

An SGX-listed REIT leads the way in Mingtiandi’s roundup of Asia real estate headlines as the directors of the trust manager are probed in connection with suspected breaches of stock exchange disclosure requirements.

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

AXA Tower

Alibaba Takes on Half of S$365M Debt in SG’s AXA Tower Deal and More Asia Real Estate Headlines

2020/05/14 by James Hatton Leave a Comment

A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>

UOL Deputy CEO Liam Wee Sin

UOL, Frasers, JBE Win Singapore Housing Sites at Discounts

2020/03/04 by James Hatton Leave a Comment

UOL Group, JBE Holdings and Frasers Property each won Singapore government residential land sales on Tuesday with bids as much as 4 percent below expectations, as the potential long-term impact of the coronavirus outbreak adds to developer concerns over the… Read More>>

hong kong housing

HK Property Crisis Looms as Homeowners Face Negative Equity and More Asia Real Estate Headlines

2020/02/26 by James Hatton Leave a Comment

Hong Kong leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that falling prices are driving homeowners into negative equity, spelling more trouble ahead for the property market.

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

low chee wah frasers

Frasers Buys Manager of Singapore Mall Properties From PGIM

2020/02/10 by Michael Cole Leave a Comment

Frasers Property announced today that it has agreed to buy the property manager of a Singapore commercial real estate portfolio, picking up the company from PGIM for an undisclosed amount.

The sale of AsiaMalls Management Pte Ltd by the real… Read More>>

Panote Sirivadhanabhakdi

Frasers Property Buying Cisco UK Headquarters for £135M

2020/01/23 by Michael Cole Leave a Comment

Frasers Property is betting on the UK’s tech sector as it adds another commercial asset to its Great Britain portfolio, according to an announcement today to the Singapore stock exchange by the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi.

The… Read More>>

The Park Hotel New Delhi

India’s Park Hotels Files for INR 10B IPO and More Asia Real Estate Headlines

2020/01/07 by James Hatton Leave a Comment

Luxury hotels lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an Indian hospitality group has filed paperwork for a $139 million initial public offering.

In other news around the region, a Mumbai-based… 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>>

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