In today’s roundup of regional news headlines, Singapore’s Frasers Centrepoint Trust announces fresh financing to help its malls go green, and Sino-Ocean reportedly meets two key shareholders to discuss the Chinese developer’s debt load before an onshore bond matures next… Read More>>
Firmus Capital Buys Central Singapore Mall to Bring Opportunity Fund AUM to $148M
A western Singapore mall has become Firmus Capital’s second acquisition in the city-state, boosting the local private equity firm’s newly launched Firmus Opportunity Fund VCC to S$200 million ($147.8 million) in assets under management.
The single-storey Le Quest Mall in… Read More>>
GuocoLand Bids $576M for Singapore Site as Housing Market Rises
A pair of Singapore residential sites attracted competitive bidding from developers late last week as the city-state’s housing market continues to benefit from investor confidence, as shown by rising home prices and recovering sales volumes in Southeast Asia’s most expensive… Read More>>
Vanke JV Buys Hong Kong Site for HK$3.7B and More Asia Real Estate Headlines
Mainland investors continue to expand their presence in Hong Kong this week as China Vanke teamed up with a Qingdao-based builder to snatch up a residential plot in the New Territories.
Also in the news, Morgan Stanley says the Asia… Read More>>
HK-Listed Affiliate of Qingjian Group Buys Kowloon Site for HK$530M
The mainland parent of one of Singapore’s largest real estate developers will soon start work on its first Hong Kong housing project, after CNQC International paid HK$530 million ($67.7 million) for a Kowloon East site.
Hong Kong-listed CNQC International, which operates… Read More>>