A joint venture backed by Australian property firm Lendlease has agreed to purchase a pair of ageing buildings in Singapore’s rapidly evolving Paya Lebar area for S$150 million ($111.5 million), with plans to build a sustainable commercial project on the… Read More>>
Singapore’s Fortuna Hotel Put Up for Sale at S$98.8M and More Asia Real Estate Headlines
Some sizable Singapore asset sales are in the top drawer of today’s roundup of news headlines from around the region. Elsewhere, Chinese giant Xiaomi is making a bet on smart home systems, while the fading online casino craze has… Read More>>
PGIM Buys Industrial Building in Singapore’s Paya Lebar for S$75M
PGIM Real Estate has acquired a six-storey industrial building in Singapore’s Paya Lebar region for S$75 million ($55 million) the global real estate manager announced on 11 September, underlining the growing popularity of industrial assets with some of the world’s… Read More>>
