Asia Pacific real estate investment news and information
Weave Living has confirmed the acquisition of an apartment complex in Singapore through a partnership with a BlackRock fund and local developer Lian Beng Group.
The partners paid more than S$100 million ($77.4 million) to acquire Momentus Serviced Residences Novena… Read More>>
Keppel Ltd announced on Monday that it has purchased a commercial complex in Singapore’s Selegie district on behalf of Dutch pension fund and asset manager PGGM for S$348 million ($262 million), confirming earlier media accounts.
The firm formerly known as… Read More>>
Keppel Capital is purchasing a commercial complex in Singapore’s Rochor district from a joint venture between local investors Lian Beng Group and Apricot Capital for around S$350 million ($257 million), according to sources who spoke with Mingtiandi this past week.
In today’s roundup of regional news headlines, Dalian Wanda’s property management unit reportedly eyes the sale of an unidentified asset to raise cash to pay a maturing offshore bond, with rating agencies warning of an imminent default. Also making the… Read More>>
The Ong family behind Lian Beng Group has persuaded enough shareholders to accept a sweetened buyout offer for the Singapore-listed developer for the privatisation to move ahead towards a delisting.
Led by Lian Beng chairman and patriarch Ong Paik Ang,… Read More>>
In today’s roundup of regional news headlines, industrial giant ESR announces a new project in India’s Gujarat state, and Blackstone-backed Nexus Select Trust seeks to double its India mall holdings through acquisitions. Also on the list is a Cadillac Fairview… Read More>>
Lian Beng Group has joined the procession of Singapore-listed developers in line to be taken private by their controlling shareholders, with the Ong family on Tuesday announcing a voluntary unconditional cash offer of S$0.62 per share for the builder.
The… Read More>>
In today’s roundup of regional news headlines, lived-in home prices in Hong Kong fall to their lowest since early 2019, while city-based lender Bank of East Asia sustains record-high bond losses driven by China’s housing crisis.
Hong… Read More>>
In today’s roundup of regional news headlines, a billionaire property tycoon urges an end to Hong Kong’s onerous travel restrictions, Singapore’s Lian Beng looks to unload a Joo Chiat commercial property, and SGX-listed Cromwell E-REIT sells some industrial assets.
Hong Kong’s stumbling office market looks like a bargain to at least one major US investment manager, with Chicago-based Citadel said to be tripling its footprint in the IFC. Also in the news today, Swire Properties has announced plans for… Read More>>
