Asia Pacific real estate investment news and information
The world’s largest asset manager is set to pick up its second Singapore residential property this year as a deal for Citadines Raffles Place enters the final stages, according to sources familiar with the discussions who spoke with Mingtiandi.
BlackRock… Read More>>
Sweden’s EQT has agreed to buy PropertyGuru, the online real estate portal backed by fund managers KKR and TPG, in an all-cash deal valuing the Singapore-based platform at $1.1 billion, according to a Friday announcement.
Private equity firm EQT will… Read More>>
New private home sales in Singapore more than doubled in July compared with June figures to reach their highest level in four months, according to data released by the Urban Redevelopment Authority on Thursday.
Developers sold 571 new homes last… Read More>>
Singapore’s Centurion Corp posted a 209 percent year-on-year surge in attributable profit to S$118.2 million ($89.7 million) for the first half of the year, boosted by net fair value gains of S$61.6 million.
Excluding fair value adjustments, net profit from… Read More>>
Singapore’s City Developments Ltd reported a first-half attributable profit of S$87.8 million ($66.8 million), up 32 percent year-on-year, with divestment gains and hotel income weighing heavily as development revenue dipped.
CDL’s overall revenue for the six months tumbled 42 percent… Read More>>
Singapore’s real estate investment market started off the week with a pair of major transactions as SGX-listed Singapore Land late Monday announced the sale of a commercial building near City Hall at an agreed property value of S$132 million ($99.9… Read More>>
Princeton Digital Group has acquired a Yahoo data centre in western Singapore as the Warburg Pincus-backed platform continues to expand aggressively in the city-state and neighbouring territories.
Known as SG3, the five-megawatt data centre is on the fifth floor of… Read More>>
Singapore’s commercial real estate is showing signs of a pulse this month with developer Ho Bee Land announcing early Monday that it has agreed to sell a 49 percent stake in a life science complex in the city-state’s One North… Read More>>
ESR-Logos REIT has entered into separate agreements to acquire a Japan logistics facility and a majority stake in a Singapore industrial complex for a total of S$772.6 million ($577.3 million).
The Singapore-listed trust will buy ESR Yatomi Kisosaki Distribution Centre… Read More>>
CapitaLand Ascendas REIT (CLAR)’s net property income increased 3.9 percent year-on-year to S$528.4 million during the first six months of the year, with the trust’s manager attributing the growth to contributions from last year’s acquisitions and newly completed properties.
SGX-listed… Read More>>
