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Stephen Schwarzman Blackstone

Blackstone Marketing Singapore Worker Housing Portfolio

2024/06/02 by Beatrice Laforga Leave a Comment

Blackstone is marketing a portfolio of foreign worker dormitories in Singapore after holding the properties for more than a decade, Mingtiandi has learned.

The private equity giant has appointed Barclays to market the Avery Lodge portfolio, a set of four… Read More>>

Sharon Lim of Mapletree

PAG Buying Mapletree Anson From MPACT for $574M in Singapore’s Biggest Deal of 2024

2024/05/31 by Beatrice Laforga Leave a Comment

Mapletree Pan Asia Commercial Trust (MPACT) is selling its flagship office building in downtown Singapore to regional private equity titan PAG for S$775 million ($574 million), in a deal which will rank as the city-state’s largest office transaction in two… Read More>>

URA chief executive officer Lim Eng Hwee

Singapore’s URA Launches Tenders for Pair of Residential Sites

2024/05/30 by Christopher Caillavet Leave a Comment

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>>

Sherman Kwek of CDL

CDL Buying Singapore’s Delfi Orchard for $326M on Way to Redevelopment Project

2024/05/28 by Michael Cole Leave a Comment

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>>

Jean Kam, incoming CEO of Mapletree Logistics Trust's manager

Jean Kam Named CEO at Mapletree Logistics Trust, Succeeding Ng Kiat

2024/05/28 by Christopher Caillavet Leave a Comment

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>>

IOI Properties Singapore CEO Lorraine Shiow

IOI Properties Taps Former Frasers Executive Lorraine Shiow to Lead Singapore Business

2024/05/28 by Christopher Caillavet Leave a Comment

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>>

Benjamin Chow MSCI

Singapore Retail Deals Overtake Office as Real Estate Investment Drops 56% in Q1

2024/05/28 by Beatrice Laforga Leave a Comment

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>>

Citi CEO Jane Fraser

Citigroup Said Ready to Hand Back Singapore Office Floor With Hybrid Work on the Rise 

2024/05/26 by Beatrice Laforga Leave a Comment

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>>

Far East Shopping Centre

Mall on Singapore’s Orchard Road Said to Receive Offer From Indonesian Developer

2024/05/22 by Beatrice Laforga Leave a Comment

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>>

Tony Lombardo, global CEO of Lendlease

Lendlease Setting Up Asia Life Sciences JV with Warburg Pincus as Chairman Set to Exit

2024/05/18 by Kevin He Leave a Comment

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>>

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