Morgan Stanley is said to be raising cash for a Japan real estate fund to be managed by the investment banking giant, with that report leading today’s headline roundup. Also in the news, Chinese-backed Kingsford enters the top bid for… Read More>>
Chinese Builders Kingsford, MCC Buying Singapore Project for $637M
Kingsford Development has teamed up with a unit of state-owned conglomerate Metallurgy Corporation of China, to sign a deal for Singapore’s largest en bloc sale so far this year after making a S$890 million ($637.2 million) offer.
A notice sent… Read More>>
Sites in Singapore’s One North Draw Top Range Bids as Housing Market Heats Up
Two lesser-known players in Singapore’s property market have emerged as the top bidders at a tender for a pair of residential sites with commercial elements in the city’s One North new-economy hub.
Bidding for Parcel A, the larger of the… Read More>>