A set of three floors in Singapore Suntec City complex have been put up for sale with a combined guide price of S$135 million ($106 million), offering investors exposure to one of the city’s most actively traded strata office locations.
HSBC AM Completes SilkRoad Buyout, Peter Wittendorp to Head Asia Real Estate
HSBC Asset Management (HSBC AM) has completed its acquisition of SilkRoad Property Partners and appointed Peter Wittendorp, founder and former chief executive officer of the Singapore-based private equity firm, to lead its real estate business in Asia Pacific.
The transaction… Read More>>
HSBC AM Buying Singapore’s SilkRoad to Build Real Estate Deal Team
HSBC Asset Management has agreed to acquire Singapore-based real estate private equity firm SilkRoad Property Partners as the UK financial services giant ramps up its property investment platform in Asia.
“HSBC Asset Management has entered into an agreement to acquire… Read More>>
Asia Real Estate People in the News 2023-04-24
Some sad news mixes in with Mingtiandi’s usual crop of promotions and new hires this week as a mainland developer announces the passing of its founder and chairman. Also making our list of personnel moves this week, a Hong Kong… Read More>>
SilkRoad Enters Japan With Purchase of Six Greater Tokyo Assets for $150M
SilkRoad Property Partners on Monday announced the acquisition of six Greater Tokyo assets for JPY 19.5 billion ($150 million), marking the Singapore-based firm’s first investment in Japan.
The properties consist of an office building in central Tokyo and five multi-family… Read More>>
SilkRoad Buys 14 Central Singapore Shophouses for $80M
SilkRoad Property Partners picked up a portfolio of 14 shophouses in central Singapore’s Chinatown area for over S$110 million ($80 million) in the latest acquisition on behalf of its value-add strategy, according to market insiders who spoke with Mingtiandi.
The… Read More>>
SilkRoad Reaches $144M First Closing of Asia Core Fund on Way to $400M Target
SilkRoad Property Partners has reached a $144 million first closing on its first ever core-plus Asia real estate fund, which brings the Hong Kong and Singapore-based fund manager nearly halfway to its target of raising $400 million for… Read More>>
SilkRoad Acquires Fifth Hong Kong Industrial Asset for Reported $167M
SilkRoad Property Partners is adding a fifth industrial asset to its Hong Kong portfolio after consolidating block C at the Hang Wai Industrial Centre in the New Territories through a series of transactions said to total over HK$1.3 billion ($167.1… Read More>>
SilkRoad Buys Hong Kong Cold Chain Asset for $41M
SilkRoad Property Partners has acquired a cold-storage building in Fanling, an industrial area which is becoming a hotspot for alternative investments in Hong Kong’s New Territories.
Having just closed on $549 million in fresh capital last month, SilkRoad paid HK$321… Read More>>
SilkRoad Achieves $549M Final Closing of 2nd Pan-Asia Fund
SilkRoad Property Partners on Wednesday announced the final closing of its latest real estate fund, SilkRoad Asia Value Partners II (SAVP II), at $549 million, exceeding the investment manager’s $500 million target.
The company announced its latest financial milestone after… Read More>>