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Lynette Leong, CEO of CapitaLand Commercial Trust Management Limited

CapitaLand Commercial Trust Sells Wilkie Edge in Singapore for $203M

2017/07/04 by Greg Isaacson Leave a Comment

CapitaLand’s commercial REIT is selling a mixed-use development in central Singapore for S$280 million ($202.7 million), in a signal that the city-state’s sluggish commercial property market may be picking up.

CapitaLand Commercial Trust (CCT), a real estate investment trust managed… Read More>>

Xu Jiayin

Evergrande’s $6.6B Bond Sale Drags Down Debt Market and More Asia Real Estate Headlines

2017/06/28 by Michael Cole Leave a Comment

Debt is the deal at the top of today’s headlines as a bond issue that stacked an additional $3.8 billion burden onto developer China Evergrande’s already weary balance sheet has shaken up international bond markets. Also in the news, Singapore’s… Read More>>

Triple One Somerset

Perennial Puts Gucci SG HQ on the Market for S$31M and More Asia Real Estate Headlines

2017/06/22 by Michael Cole Leave a Comment

Singapore’s commercial market continues to show signs of life this month as one of the country’s biggest real estate investment companies puts a CBD office space up for sale. Also in the headlines, Li Ka-shing is still clarifying his succession… Read More>>

Robert Wong Hongkong Land

HK Land Buys $682M Stake in Central SG Office Project

2017/06/14 by Greg Isaacson Leave a Comment

Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage a pair of office towers within the Marina Bay Financial District, the companies announced Monday.

The Hong Kong-based property firm… Read More>>

Link REIT

State-Owned Giants are Eating Hong Kong and More Asia Real Estate Headlines

2017/06/08 by Michael Cole Leave a Comment

Leading today’s headlines, Hong Kong wakes up to a new one country, one set of SOEs system, Asia’s biggest REIT pays out 8.7 percent to its unit-holders and Singapore gets ready to put two more public housing projects up for… Read More>>

Ji Haipeng Logan

Chinese Developers Place Record S$1B Bid for Singapore Condo Site

2017/05/20 by Michael Cole Leave a Comment

A pair of Chinese developers has placed the highest bid ever for a Singapore real estate project as a joint venture between Logan Properties and Nanshan Group have offered just over S$1 billion ($722 million) for a residential site, according… Read More>>

Adam Neumann Shanghai

WeWork (and URWork) Prepare to Battle for Singapore Co-Working Market

2017/05/18 by Greg Isaacson Leave a Comment

Co-working unicorn WeWork is building up a team to bring its shared office platform into Singapore, with mainland competitors URWork and naked Hub also targetting the southeast Asian financial centre.

WeWork is preparing to enter the Singapore co-working space according… Read More>>

Richard Li FWD Group

Richard Li’s FWD Group Buying 50% Stake in SG Office Building for $424M

2017/05/02 by Michael Cole Leave a Comment

A unit of FWD Group, the insurance arm of Richard Li’s Pacific Century Group, has agreed to purchase a 50 percent stake in a Singapore office building from CapitaLand Commercial Trust for S$591.6 million ($424 million), according to an announcement… Read More>>

137 139 Cecil Street

Shanghai Investors Asking S$210M for SG Tower Just 8 Months After Buying at S$125M

2017/04/25 by Tyler Roney Leave a Comment

Mainland investors have gained a reputation for paying top dollar for real estate assets around the world, and now a Shanghai developer may be translating this same pricing strategy to its plan for selling an 11-storey office block in downtown… Read More>>

Wen Khai Meng

CapitaLand Names Three New CEOs for Singapore’s Largest Real Estate Group

2017/04/25 by Tyler Roney Leave a Comment

Singapore-based CapitaLand announced five appointments on Tuesday, shaking up their top management in key positions that will take effect on May 1.

Ronald Tay Boon Hwee will be taking over as chief executive officer of CapitaLand Singapore, from outgoing boss Wen… Read More>>

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