In today’s roundup of regional news headlines, Malaysia’s IOI Properties wins the tender for the Marina View white site in Singapore, embattled developer China Evergrande continues to whiff on offshore debt payments, and the Hong Kong government appears set to… Read More>>
IOI Properties Makes Sole Bid of $1.1B for Marina View Site in Singapore
Malaysian developer IOI Properties Group emerged as the sole bidder for a development site near Singapore’s Marina Bay at a government land sale tender that closed Tuesday.
For the Marina View “white site”, which can serve a range of uses… Read More>>
Dasin Retail Trust Dumps ARA for Sino-Ocean and More Asia Real Estate Headlines
A REIT management deal gone bust leads today’s roundup of regional news headlines, as Singapore-listed Dasin Retail Trust scraps a prospective sale with ARA Asset Management for control of the trust’s manager and 5 percent of the REIT’s equity in… Read More>>
SHK, CK, Henderson Among 6 Bidding for Central Site and More Asia Real Estate Headlines
In today’s roundup of regional headlines, Hong Kong’s biggest developers have joined the bidding as a tender for largest harbourfront plot in Central closed on Friday. Also in the news, Singapore’s GIC and US fund manager Nuveen are selling a… Read More>>
Hongkong Land Exits Singapore Office JV and More Asia Real Estate Headlines
At the top of today’s news, Malaysia’s IOI Properties is poised to go it alone on a prime office project in Singapore’s Marina Bay, after HongKong Land apparently passed on it opportunity to share the prime commercial site. And the… Read More>>
HK Land Buys $682M Stake in Central SG Office Project
Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage a pair of office towers within the Marina Bay Financial District, the companies announced Monday.
The Hong Kong-based property firm… Read More>>
BlackRock Said To Put Asia Square 2 On Market for $1.4B as Site Next Door Brings $1.9B Bid
A commercial site in Singapore’s Marina Bay financial district brought a record bid of S$2.6 billion ($1.9 billion) today as enthusiasm for office projects revives in the southeast Asian financial hub. And Blackrock may be counting on the interest that… Read More>>