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Liak_teng_lit

Singapore’s Perennial Hires New CEO for Healthcare Division

2017/02/22 by Michael Cole Leave a Comment

Perennial Real Estate Holdings has hired health care industry veteran Liak Teng Lit to serve as CEO of its rapidly expanding healthcare division, and COO of the Singapore-listed property group.

The top level hire was announced by Perennial on Friday,… Read More>>

Hong Kong harbour

Hong Kong and Singapore Rank in Top 5 Globally for Outrageous Home Rentals

2017/02/21 by Tyler Roney Leave a Comment

While Hong Kong may have distinguished itself as the least affordable place to own a home, residents of the Asian financial capital may take some comfort from the news that their city ranks only third in the world for degree… Read More>>

Ng Kee Choe

CapitaLand Buys $440 Mil Japan Portfolio Following Positive Q4

2017/02/19 by Tyler Roney Leave a Comment

Just days after the release of encouraging financial results for the fourth quarter, the retail wing of Singapore’s largest property developer says it plans to spend JPY49.7 billion ($440.5 million) to add three office buildings and a shopping mall to… Read More>>

yi jun cscec

CSCEC Unit Wins $205 Mil Contest for West Singapore Site

2017/02/13 by Tyler Roney Leave a Comment

A subsidiary of China’s biggest construction firm snatched up a development site in Singapore’s West Coast Vale on Thursday of last week for S$291.99 million ($205.22 million), according to a statement from the Singapore Urban Development Authority.

Coming in just… Read More>>

DBS Manulife

DBS Sells Singapore’s PWC Building to Manulife for $526 Mil

2017/02/12 by Michael Cole Leave a Comment

DBS Group has sold the PwC Building in Singapore’s financial district to Canadian insurer Manulife for an agreed value of S$747 million ($525.7 million) according to an announcement on Friday to the city’s stock exchange.

The deal for the 28-storey… Read More>>

JI Changqun

Mainland Developer Buying Singapore’s GSH Plaza for S$725 Mil

2017/02/07 by Michael Cole Leave a Comment

Fullshare Holdings, a Nanjing-based property developer known for it astounding share price performance, announced this week that it has entered into agreement to buy GSH Plaza, a prime office building in Singapore’s Raffles Place for S$725.2 million ($512 million).

The… Read More>>

Pua Seck Guan

Stanley Ho’s Shun Tak Pays $216M for 61% Stake in Orchard Road Commercial Complex

2017/02/02 by Michael Cole 2 Comments

Billionaire Stanley Ho’s Shun Tak Holdings has made its first major commercial acquisition in Singapore after the Hong Kong-listed company acquired a 61 percent stake in a commercial project along the city’s famed Orchard Road commercial strip.

Shun Tak paid… Read More>>

Graham Mackie UBS Asset Management

UBS AM to Manage $176M ADIC Investment in Singapore Industrial Projects

2017/01/23 by Michael Cole Leave a Comment

The real estate investment wing of Swiss financial giant UBS is set to manage S$250 million ($176 million) in investment into industrial real estate projects in Singapore on behalf of Abu Dhabi Investment Corporation (ADIC), according to a recent statement… Read More>>

Kiran Patel

Savills IM Transacted Record $868M in APAC Deals in 2016

2017/01/19 by Michael Cole Leave a Comment

Real estate investment volumes may have slid from their 2015 global peaks last year, but real estate specialists Savills Investment Management cruised to a new record despite the down year.

The London-based firm announced record transaction volumes of $5.3 billion… Read More>>

Jeffrey Shen ESR

E-Shang Redwood Acquires Manager of Singapore’s Cambridge Industrial Trust

2017/01/18 by Michael Cole Leave a Comment

e-Shang Redwood is on its way to an IPO this year, and part of the preparation for that stock market debut seems to be some new acquisitions.

Already active in China, Japan and Korea, E-Shang Redwood has now expanded into… Read More>>

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