A leadership change at one of Singapore’s largest developers leads today’s review of real estate stories from around Asia as Frasers Property bids farewell to a top honcho. A Taiwan shipping tycoon also makes the news with a high-end Hong… Read More>>
Frasers Centrepoint Trust Buying Out Northern Singapore Mall for $880M
Frasers Centrepoint Trust has agreed to acquire the remaining half of a northern Singapore mall complex that it doesn’t already own for S$1.17 billion ($880 million), the SGX-listed REIT announced Tuesday.
The seller of Northpoint City’s south wing is a… Read More>>
Frasers, Gemdale JV Buys Site in Shanghai’s Songjiang and More Asia Real Estate Headlines
Frasers Property announces a Shanghai residential project in collaboration with mainland builder Gemdale, with that joint venture leading today’s headline roundup. Also making the list, Singaporean giant CDL posts a steep profit drop and Hong Kong’s Sino Land reports its… Read More>>
Frasers Property Chairman Charoen Retires as Developer Welcomes New Directors
Thai billionaire Charoen Sirivadhanabhakdi has retired from his role as chairman of Frasers Property as part of a board refresh at the Singapore-based real estate giant.
Charoen, the 80-year-old patriarch of Frasers Property’s controlling family, stepped down on 8 February… Read More>>
GIC Industrial JV Buys Vancouver Project for $100M and More Asia Real Estate Headlines
GIC teams with a Canadian REIT to buy a North Vancouver industrial project, with that deal leading today’s headline roundup. Also in the news, Singtel’s Nxera secures financing for a Singapore data centre and Temasek’s SeaTown lends $100 million to… Read More>>
Asia Real Estate People in the News 2024-12-09
A new chief for one of the Singapore exchange’s largest China REITs leads this week’s collection of personnel moves from around Asia, with CapitaLand China Trust naming a new CEO. Also making the list is a new Singapore hire for… Read More>>
Frasers Teams With Sekisui House to Add 348 Luxury Homes on Singapore Riverfront
Six months after confirming its sale of a riverfront apartment complex near Singapore’s Robertson Quay, Frasers Property on Monday announced a retail-residential project to add 348 luxury homes in the area.
Frasers Property and Japanese builder Sekisui House will jointly… Read More>>
GLP China Stake Sale Said to Stall and More Asia Real Estate Headlines
Discussions on the sale of a stake in GLP’s China arm to a state-owned firm hit a snag, with that story leading today’s headline roundup. Also making the list, a residential plot in Hong Kong’s New Territories draws six bids… Read More>>
ThaiBev, TCC Assets Complete $1.7B Frasers Property Share Swap
ThaiBev, the SGX-listed beverage and food giant founded by billionaire Charoen Sirivadhanabhakdi, has completed the transfer of its stake in Frasers Property to a private vehicle controlled by the Thai liquor tycoon, as part of a S$2.1 billion ($1.7 billion)… Read More>>
ThaiBev Proposes $1.6B Frasers Share Swap in Bid to Boost Valuation
ThaiBev, the SGX-listed beverage and food giant founded by Thai billionaire Charoen Sirivadhanabhakdi, has agreed to transfer its stake in Frasers Property to a private vehicle controlled by Sirivadhanabhakdi, as part of a proposed share swap intended to boost the… Read More>>
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