Asia real estate and outbound investment news
Singapore’s CapitaLand announced early Monday that it had agreed to buy a controlling stake owned by Temasek Holdings in fellow government-backed developer Ascendas-Singbridge in a deal which would value the target company at S$11 billion ($8.13 billion).
CapitaLand has agreed… Read More>>
COFCO Property has been given a green light by the China Securities Regulatory Commission (CSRC) to buy back a controlling 64.18 percent stake in Hong Kong-listed commercial real estate developer Joy City Property for RMB 14.76 billion ($2.15 billion), re-integrating… Read More>>
Mergers and acquisitions in China’s real estate sector totalled US$6.8 billion through the last week in November, with the value of transactions increasing nearly five times over the mark achieved during the same month of 2012. The deal volume represents… Read More>>
