Asia real estate and outbound investment news
The latest tender for a residential plot in Singapore’s One-North R&D hub closed Tuesday with no bids, as economic jitters and the site’s own negatives proved a deal-breaker for the city-state’s cautious developers.
The Urban Redevelopment Authority announced the news… Read More>>
Singapore’s Amara Holdings has received a buyout offer from parties led by the Teo family that controls the company, setting the stage for a deal that would value the SGX-listed hotel owner and operator at S$514.6 million ($391.9 million).
DRC… Read More>>
Sino Group chairman Robert Ng and three of his children have been designated as “politically significant persons” under a Singapore law designed to prevent foreign interference in the country’s political process.
With Singapore’s next election less than two weeks away,… Read More>>
Paragon REIT unitholders overwhelmingly approved Cuscaden Peak’s privatisation of the SGX-listed retail trust at a Tuesday meeting, paving the way for a potential disposition of the portfolio’s three remaining properties.
The privatisation scheme passed with the support of unitholders representing… Read More>>
Singapore’s Keppel Ltd has announced capital commitments totalling S$2 billion ($1.5 billion) for its latest data centre and education asset funds and an existing strategy focused on sustainable urban renewal.
The funding haul includes a $580 million first closing on… Read More>>
The boom in Asia’s living sector may be set to pay dividends for Singapore’s LHN Group as the developer prepares a separate SGX listing for its rental residential business.
LHN has applied to list Coliwoo, its co-living unit, on the… Read More>>
DWS has promoted Sharon Tan to head of its Singapore business, according to a recent announcement by the asset management affiliate of Germany’s Deutsche Bank.
Having spent more than a decade with the Frankfurt-based finance firm, Tan has been named… Read More>>
The Urban Redevelopment Authority on Tuesday released two western Singapore residential sites for tender under the Government Land Sales programme with capacity to yield 955 homes.
The site at Dunearn Road in the new Bukit Timah Turf City housing estate… Read More>>
Singapore is set to declare one of its wealthiest property tycoons and three of his children as “politically significant persons” under a law designed to prevent foreign meddling in the country’s politics.
In a statement on Monday, the island nation’s… Read More>>
An Indonesian-born, Ivy League-educated billionaire has acquired a 48-room hotel in the Boat Quay area near downtown Singapore, with market sources who spoke to Mingtiandi confirming a transaction price of S$100 million ($74.9 million).
Leo KoGuan — a software magnate… Read More>>
