South Korea’s postal service picks Mirae Asset to manage a core real estate fund, with that story leading today’s headline roundup. Also making the list, bankrupt builder China Evergrande’s chairman resists disclosing his assets and Singapore-listed Far East Hospitality Trust… Read More>>
UOL, CapitaLand JV Places $597M Top Bid For Singapore Luxury Site
A government land sale has once again fallen short of expectations as a residential plot in one of Singapore’s most expensive residential districts drew a top bid representing a one-third discount from 2018 pricing for the location.
UOL Group, along… Read More>>
Singapore’s UOL Clinches East Coast Residential Site For $295M
A joint venture between UOL Group and its Singapore Land Group subsidiary won a residential project in Singapore’s East Coast for S$392.18 million ($295.39 million) and now plans to redevelop the project into as many as 250 luxury homes, the… Read More>>
Developer Controlled by UOL Chairman Said Buying Singapore Luxury Site for $52M
A private developer owned by the Wee family which controls Singapore’s UOL Group has reportedly added a new luxury site to its pipeline with the purchase of a pair of bungalows in the city’s upscale District 11.
A unit of… Read More>>
Far East Consortium Sells Singapore Project to UOL Group’s Kheng Leong for $158M
Hong Kong-based Far East Consortium has sold a central Singapore apartment building at an 8 percent mark-up after acquiring the 10-storey property from US private equity giant Blackstone three years ago.
FEC offloaded 21 Anderson, a freehold apartment block in… Read More>>