Asia Pacific real estate investment news and information
Singapore’s Urban Redevelopment Authority on Thursday released two residential sites under the Government Land Sales programme, including the first plot to be used entirely for long-stay rental apartments, as the city-state seeks to boost the supply of living spaces.
The… Read More>>
Singapore’s City Developments Ltd is on its way to adding one more redevelopment project to a rapidly transforming Orchard Road after winning a tender for a commercial building along the city-state’s famed shopping street.
The developer known as CDL was… Read More>>
The manager of Mapletree Logistics Trust has tapped the Singapore-listed REIT’s head of investment, Jean Kam, to serve as the next CEO.
Kam succeeds Ng Kiat, who is stepping down on 22 July to assume new responsibilities at sponsor Mapletree… Read More>>
Malaysia’s IOI Properties Group is strengthening its Singapore commitment with the hiring of Lorraine Shiow as the developer’s chief executive in the Lion City.
Shiow’s appointment to the newly created position will support long-term plans for continued expansion of the… Read More>>
Trades of income-earning real estate in Singapore plunged to $1.8 billion in the first quarter from $4.2 billion a year ago, recording the steepest drop of any major market in Asia Pacific, according to MSCI Real Assets.
While falling rents… Read More>>
One month after Singapore authorities said they would begin requiring employers to facilitate employee requests for flexible work, global banking giant Citigroup is reported to be considering shrinking its footprint in one of the city-state’s priciest commercial hubs.
Citi is… Read More>>
Less than two months after a mainland Chinese buyer walked away from a deal to buy the Far East Shopping Centre on Singapore’s Orchard Road, the committee representing the owners of the strata-title property has received a new offer said… Read More>>
Australian builder and property investor Lendlease Group has agreed to sell its Asia Pacific life sciences platform to a newly established 50:50 joint venture with US private equity giant Warburg Pincus, as the embattled builder continues to overhaul its business… Read More>>
Frasers Property has confirmed its sale of a riverfront apartment complex near Singapore’s Robertson Quay with the developer informing the Singapore exchange on Tuesday that it is selling the rental residential and commercial space for S$140.9 million ($104 million).
The… Read More>>
PGIM Real Estate is closing in on deals to sell a pair of office floors in downtown Singapore after completing renovations on the 12-storey building between Tanjong Pagar and Raffles Place.
“We have received firm offers and are close to… Read More>>
