Just over a year after buying a landmark office building in London for £718 million (then $972 million), Singapore’s Ho Bee Land is selling off assets in its home market with the stock exchange having recently queried the developer over… Read More>>
M&G Completes $248M Purchase of Four Singapore Auto Facilities From Cycle & Carriage
M&G Real Estate has completed its purchase of four car showrooms in Singapore from auto distributor Jardine Cycle & Carriage (JC&C) for a combined S$333 million ($248 million), in the city-state’s largest industrial deal in nearly four years.
“The attraction… Read More>>
Philips Selling APAC HQ in Singapore to Ascendas REIT for $76M
Philips has agreed to sell its Asia Pacific headquarters in Singapore’s Toa Payoh area to Ascendas REIT for S$104.8 million ($76.2 million), as the Amsterdam-based conglomerate continues to restructure its global operations.
After selling off its domestic appliance and lighting… Read More>>
Mingtiandi Singapore Focus Forum 2022 On-Site Event
The Mingtiandi Singapore Focus Forum 2022 will bring market leaders face-to-face for a full-day of discussions in Singapore of the opportunities and challenges facing investors in the city-state’s real estate markets.
The all-day, hybrid forum will kick off with a… Read More>>
SLB Development Picks Up Singapore Industrial Site for S$112.5M
Singapore’s light industrial assets continued to find favour with investors last week as a developer listed on the city’s Catalist exchange picked up a plot in the city’s Bukit Merah district for S$112,500,000 ($83 million).
SLB Development has agreed to… Read More>>
AIMS APAC REIT to Buy Warehouse in Singapore’s Jurong for S$129.6M
SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for S$129.6 million ($94.4 million), notching the city’s biggest industrial deal thus far in 2020 as investors compete for logistics investment opportunities.