Asia real estate and outbound investment news
OUE Limited, the Singapore-based property developer controlled by Indonesian conglomerate Lippo Group, said Friday that it has agreed to sell the iconic US Bank Tower in Los Angeles for $430 million.
The SGX-listed developer is selling the property to USBT… Read More>>
A Canadian hotels portfolio leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that Singapore’s sovereign wealth fund is in advanced talks to acquire a stake in the $1.5 billion set of North American… Read More>>
A pair of Singapore-listed property trusts affiliated with Indonesia’s Riady family may soon be merged, according to a deal proposed today by the managers of OUE Commercial REIT and OUE Hospitality Trust.
Under the proposal, unit holders in OUE Hospitality… Read More>>
Property developer OUE is selling the office component of its 1.24 million square foot (115,000 square metre) OUE Downtown complex to OUE Commercial Real Estate Investment Trust (OUE C-REIT) for S$908 million ($661 million), according to a recent announcement by… Read More>>
