Property giant CapitaLand is teaming up with a Japanese partner and its own REIT affiliate to build a new S$1.82 billion ($1.32 billion) mixed-use project in Singapore’s downtown financial district, amid a flurry of office investment deals in the island… Read More>>
While Shanghai may not have supplanted Hong Kong as Asia’s financial centre, it seems to be surpassing its southern neighbor for land values, judging by recent auction prices. Plus CapitaLand Commercial Trust doubles down on its own project in Singapore,… Read More>>
Fosun International Ltd became the latest Chinese company to acquire a US trophy asset last week when it agreed to purchase 1 Chase Manhattan Plaza from JP Morgan Chase for US$725 million.
With the acquisition the closely-held Shanghai firm now… Read More>>