A joint venture between UOL Group and its Singapore Land Group subsidiary won a residential project in Singapore’s East Coast for S$392.18 million ($295.39 million) and now plans to redevelop the project into as many as 250 luxury homes, the… Read More>>
Roxy-Pacific Chairman Bids to Privatise Singapore Developer at 20% Premium
Roxy-Pacific Holdings on Monday announced a takeover bid led by the Singapore-listed developer’s controlling family.
TKL & Family Pte Ltd, a holding company owned chiefly by Roxy-Pacific chairman and CEO Teo Hong Lim and his relatives, has made a… Read More>>
Evergrande Bonds Sink After S&P Warning and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, China Evergrande’s latest credit downgrade comes with the warning of a “downward spiral”, Korea’s third-largest conglomerate readies a September IPO for SK REIT, and Hong Kong’s Wharf REIC posts a double-digit rise in… Read More>>
Sale of US Govt Property in Hong Kong Moves Ahead and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Hong Kong approves the sale of a US consular property on Shouson Hill after resolving a diplomatic impasse, while Blackstone bigwig Stephen Schwarzman deals with a backlash over his political leanings.
HSBC to Let HK Staff Work at Home Four Days a Week and More Asia Real Estate Headlines
In today’s roundup of news headlines, HSBC prepares to let Hong Kong staff work as many as four days a week from home, giant Singaporean developer CapitaLand clenches green loans to finance tech parks in India, and an SL Green-led… Read More>>
Singapore’s TE Capital, Roxy-Pacific Buy Melbourne Office Tower for A$145M
TE Capital Partners, the investment arm of Singaporean developer Tong Eng Group, said it has partnered with Singapore-listed builder Roxy-Pacific Holdings to buy an office building in Melbourne’s central business district for A$145 million ($101 million).
“We are confident in… Read More>>
SG Investors Buy Sydney Office Block for A$41M and More Asia Real Estate Headlines
Singaporean investors are in the news again today as a pair of corporates from the Lion City buy up an office block in Sydney’s Parramatta district while back at home in the Southeast Asia’s wealthiest city, developers are now required… Read More>>
ADIA Said Hiring Country Head for New India Office and More Asia Real Estate Headlines
Leading today’s news roundup, the world’s second-largest sovereign wealth fund is reported to be growing its presence in the world’s second-most-populous country, with plans to hire a head for India and eventually set up an office. Further east, China’s rental… Read More>>