Asia real estate and outbound investment news
After opening the year selling a trio of mall properties for more than S$2.8 billion, Mercatus Co-operative has headed back to the market with a set of community retail assets carrying a price tag of S$265 million ($194 million).
Marketing… Read More>>
Average rents for grade A offices in Singapore’s central business district fell for the first time in over two years during the third quarter, sliding by 0.3 percent in the face of dipping demand and an influx of new space,… Read More>>
Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>
Industrial specialist Logos has begun construction of a Singapore warehouse for global logistics operator DSV, with the partners investing a total of S$200 million ($147 million) in the built-to-suit project.
Spanning 720,000 square feet (66,890 square metres) in the city-state’s… Read More>>
Property heavyweights GuocoLand and City Developments Ltd submitted the highest bids for two separate northern Singapore projects as the Urban Redevelopment Authority closed the tender for the sites on Tuesday.
For the 1.47 hectare (3.63 acre) site at Lentor Central,… Read More>>
Singapore-listed Frasers Centrepoint Trust is selling a mall near Changi airport for S$338 million ($250 million) to a mainland Chinese family, according to sources who spoke with Mingtiandi.
FCT’s manager told the local bourse on Wednesday that it has entered… Read More>>
GuocoLand’s full-year profit fell 47 percent on lighter investment gains and rising financial costs, but revenue surged 60 percent as the company began recording rental income from the Guoco Midtown office tower.
The Singapore development arm of Malaysia’s Hong Leong… Read More>>
Hotel Properties Ltd, the builder controlled by billionaire Ong Beng Seng, has secured provisional permission from Singapore’s Urban Redevelopment Authority to transform a set of Orchard Road buildings into a mixed-use project with hotel, retail, office and residential components.
The… Read More>>
An investment company which controls one of Asia’s largest family-owned shipping firms has snapped up an office floor near Singapore’s Orchard Road for S$24 million ($17.7 million) as the city-state’s strata office market continues to gather steam.
IMC Group, founded… Read More>>
Rents and prices in Singapore’s industrial property market rose for an 11th consecutive quarter during the April-June period despite softness in trade indicators, according to Colliers.
The rental index climbed 2.1 percent, decelerating from a 2.8 percent increase in the… Read More>>
