BlackRock is said to be on the cusp of selling Asia Square Tower 1 to the Qatari Investment Authority (QIA) for a record S$3.5 billion ($2.6 billion).
An agreement on the sale of the 1.29 million square foot (120,000 square… Read More>>
Is Li Ka-shing Fleeing Mainland Political Risk for Sunny Singapore?
Li Ka-shing has spent much of the last few years selling off property assets on the mainland and Hong Kong, while simultaneously fending off accusations that he is pessimistic about the outlook for Greater China.
Now Li’s Cheung Kong Property… Read More>>
Jonathan Davis Takes on Business Operations Role with JLL in Singapore
Long-time China real estate executive Jonathan Davis headed south this week from Shanghai to Singapore, where he will start work as JLL’s new National Director for Business Operations in Southeast Asia starting from March 1st.
Davis, who served most recently… Read More>>
Gaw Adds London Office Complex and SG Hotel to Growing List of Deals
Private equity real estate firm Gaw Capital Partners has added another $921 million in new deals to its growing list of cross-border property acquisitions by picking up an office block in London and a hotel in Singapore, according to media… Read More>>
Tang Wei Leng Takes Over at Colliers Singapore
Colliers International Group announced on Tuesday that Tang Wei Leng has been appointed as managing director of the company’s Singapore business. The new hire represents a return to Colliers for the veteran agency operative, who takes over the post vacated… Read More>>
Shanghai Investor Buys Singapore Office Tower for Over $150M
An office building in downtown Singapore has sold to a mainland Chinese investor for more than S$210 million ($150 million), through acquisition of equity in the company that owns the freehold building near the city’s upscale Marina Bay commercial area.
Singapore Govt Questions Feasibility of Chinese Development in Malaysia
The quantity of new homes being built in Malaysia’s Johor state, just across the border from Singapore, now exceeds the entire stock of privately owned housing in the entire city-state, according to a statement last week from a Singaporean government… Read More>>
Shanghai and Beijing Ranked as More Expensive Than Hong Kong
The cost of living in China’s major cities is now higher than in Hong Kong or Singapore, according to a survey of expatriate cost of living published this week by a global human resources consultancy.
The survey by ECA International… Read More>>
Singapore’s Markets Still Love Chinese Developer Bonds
Much of the world may be holding its breath waiting for the next Chinese developer to fail, but investors in Singapore seem to still have a healthy appetite for debt from China’s real estate firms.
According to a story in… Read More>>
Chinese Firm Teams with Sentosa Developer for US$2.2B S Korea Casino
A Chinese developer is teaming up with the company behind one of Singapore’s Sentosa casinos to invest US$2.2 billion in a new gambling-centred project in South Korea, the companies announced this week.
The joint venture between Genting Singapore Plc and… Read More>>