Stamford Land Corporation has snapped up a commercial building on one of the City of London’s most historic streets, teaming up with a private firm controlled by the chairman of the Singapore-listed company to acquire the asset for £260 million… Read More>>
Arch Capital Buys Sydney Office Block for A$45M and More Asia Real Estate Headlines
A Hong Kong-based fund manager leads the way in Mingtiandi’s roundup of real estate headlines today with the news of a A$45 million transaction down under, while a S$2 billion collective-sale flop in Singapore adds another duck to a litany… Read More>>
Perennial and SPH Sell Singapore Mall to Mitsubishi-CLSA Fund in S$520M Deal
Singapore’s Perennial Real Estate Holdings and a consortium of investors including Singapore Press Holdings (SPH) have agreed to sell a retail complex in the city’s Chinatown precinct for S$520 million ($383.28 million), the listed companies announced on Monday.
Under the… Read More>>
JP Morgan to Lease 7 Floors in CapitaLand’s SG Office Tower CapitaSpring
JP Morgan has signed up as the first anchor tenant of CapitaLand’s latest skyscraper in downtown Singapore, with the financial services firm agreeing to lease 155,000 square feet of office space spanning seven stories – almost a quarter of the… Read More>>
CapitaLand and Friends Break Ground on 51-Storey Downtown Singapore Tower
CapitaLand has broken ground on a 51-storey, mixed-use skyscraper in downtown Singapore that will provide futuristic offices, serviced apartments and amenities from food stalls to a four-storey tropical garden upon completion in 2021.
The integrated development will bring 635,000 square… Read More>>
CapitaLand, CCT and Mitsubishi Team Up for $1.3B Singapore Tower
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>>
Shanghai Land Prices Soar Past HK and More Greater China Real Estate Headlines
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 Pays US$725 Mil for Chase Manhattan Building and the Big Buyer Trophy
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… Read More>>