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john lim ara

ARA Steps Up Battle to Take Over Cromwell and More Asia Real Estate Headlines

2020/07/22 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management leads today’s real estate headlines in Asia Pacific as the Warburg Pincus-backed fund manager formalises its takeover bid for an Aussie real estate investment firm.

A pair of Softbank-backed startups also reappear with more bad news,… Read More>>

AXA Tower

Alibaba Takes on Half of S$365M Debt in SG’s AXA Tower Deal and More Asia Real Estate Headlines

2020/05/14 by James Hatton Leave a Comment

A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>

jack ma Alibaba

Alibaba Buys 50% of SG’s S$1.7B AXA Tower From Perennial Consortium

2020/05/06 by James Hatton Leave a Comment

Alibaba has agreed to acquire a 50 percent stake in Singapore’s AXA Tower in a deal that values the landmark office property at S$1.68 billion ($1.2 billion) in one of the few major transactions the city has seen this year.

… Read More>>

pua seck guan perennial

Perennial Sells Remaining Stake in Singapore Complex to Shun Tak for S$155M

2020/04/16 by Michael Cole Leave a Comment

Singapore’s Perennial Real Estate Holdings has broken through a virus-induced lull in the investment market to notch the Southeast Asian financial hub’s biggest property sale so far in 2020.

The SGX-listed developer announced today that it has agreed to sell… Read More>>

Yanlord Land Offers to Buy Out United Engineers in S$1.7B Deal

2019/10/25 by James Hatton Leave a Comment

Shanghai-based Yanlord Land Group is making a mandatory cash offer for United Engineers Limited in a deal that values the century-old property company at S$1.7 billion ($1.25 billion).

The developer chaired by mainland native Zhong Sheng Jian, who is also… Read More>>

SPH Takes 20% Stake in Prime US REIT Manager and More Asia Real Estate Headlines 

2019/08/07 by James Hatton Leave a Comment

A Singapore-listed real estate investment trust leads Mingtiandi’s roundup of real estate headlines today with the news that the kingpin of the city state’s newspaper business has taken a 20 percent stake in the REIT’s manager.

Also in the news,… Read More>>

pua seck guan perennial

Perennial and SPH Sell Singapore Mall to Mitsubishi-CLSA Fund in S$520M Deal

2019/04/22 by Jan Kot Leave a Comment

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>>

Singapore CBD

Singapore CBD Office Rents Jump Nearly 15% and More Asia Real Estate Headlines

2019/02/14 by Michael Cole Leave a Comment

Singapore jumps to the top of Asia’s real estate headlines today as a new report shows office rents rising nearly 15 percent in Southeast Asia’s financial capital, and a major Singaporean developer makes news as its net profit falls by… Read More>>

60 margaret sydney

Blackstone Buys 50% Stake in Sydney Complex From PAG and More Asia Real Estate Headlines

2018/12/22 by Michael Cole Leave a Comment

Real estate investors across Asia seemed in a hurry to finish their Christmas shopping this past week with Blackstone closing a pair of deals in Sydney and India’s national capital region to go with a Shanghai acquisition and Singaporean investors… Read More>>

Turochas Fuad spacemob

WeWork Opening in Manila, HCMC and More Asia Real Estate Headlines

2018/11/08 by Michael Cole Leave a Comment

Flexible office phenomenon WeWork hits the headlines again today as the co-working pioneer announces impending openings in a pair of new Southeast Asian markets – the Philippines and Vietnam. Also in the news, Chinese gadget maker Xiaomi has decided to… Read More>>

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