The wife of disgraced Three Arrows Capital co-founder Zhu Su has completed the sale of a Singapore mansion, with that disposal leading today’s headline roundup. Also making news, a Sentosa plot once belonging to a money launderer changes hands and… Read More>>
OCBC Marketing Sentosa Site to Recover Losses From $2.2B Money Laundering Case
Oversea-Chinese Banking Corp (OCBC) is putting up for sale a residential plot on Singapore’s Sentosa island, after repossessing the property from a suspect arrested in the city-state’s S$3 billion ($2.2 billion) money-laundering case.
OCBC has appointed Edmund Tie to manage… Read More>>
Blackstone Sells Interest in CDL Singapore Project to BlackRock as Fund Ages Out
Blackstone has sold its interest in an upscale apartment complex in Singapore’s Sentosa Cove to BlackRock in a deal described by market analysts as a stressed sale of the financial rights.
Having invested S$367 million ($276 million) in a profit… Read More>>
Cromwell E-REIT Buys UK Warehouse and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, Singapore-listed Cromwell E-REIT picks up a third logistics property in the UK, a Sentosa Cove housing project sells half of its available units at launch, and private equity giant Carlyle Group slashes its… Read More>>
Actis to Invest $700M in India Life Science Assets and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, UK investor Actis prepares to make a large bet on India’s life sciences sector, Hong Kong home prices resume their decline after a brief rebound, and expats recoil from Singapore’s skyrocketing rents.
Li Ka-Shing Boosts CK Asset Buy-Back Scheme and More Asia Real Estate Headlines
Hong Kong’s richest man is showing some faith in the future of the city’s second-largest property developer, as CK Asset leads today’s real estate headline roundup with a report that the Li Ka-shing Foundation will fund a buy-back of shares… Read More>>
Hong Kong Home Sales Jumped 20% in April and More Asia Real Estate Headlines
Hong Kong has the world’s most expensive homes, but the city’s famous unaffordability seemed to only attract more buyers in April, as housing sales rose 20 percent. Also in the news, a Singaporean developer expands its Sydney footprint, and John… Read More>>