Asia real estate and outbound investment news
CapitaLand has teamed up with UOL and its Singapore Land unit to win a mixed-use plot in northeastern Singapore’s Tampines area with a winning bid of S$1.2 billion ($900 million), the Housing and Development Board announced Tuesday.
The 50:50 JV… Read More>>
Generational change leads this week’s set of personnel moves from Asia’s real estate community with 94-year-old tycoon Wee Cho Yaw deciding to take a step back from one of the Singapore-listed companies under his leadership. Also in the news are… Read More>>
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>>
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>>
A senior appointment by one of China’s crew of defaulting privately-controlled developers leads this week’s roundup of personnel moves on Mingtiandi, as Shimao Group gives additional responsibilities to one of its long-term leaders. KKR is also making some changes as… Read More>>
SingHaiyi Group has set the highest bid for the largest new residential project sold in Singapore over the past four years, with the developer controlled by mysterious mainland tycoon Gordon Tang offering S$1.28 billion ($1 billion) for a plot which… Read More>>
Singapore Land Group (SingLand) announced Thursday that it has received provisional approval to refurbish its Raffles Place headquarters into a new building which could reach as high as 50 storeys, as office rents continue to rise in the city-state’s central… Read More>>
In today’s roundup of regional news headlines, China begins its antitrust review of Blackstone’s $3 billion takeover of developer Soho, Hong Kong’s CK Asset confirms plans to convert some of its hotels into housing, and Singapore Land Group swings to… Read More>>
