After making the Lion City’s largest purchase of a single hotel earlier this week, Singapore’s Worldwide Hotels Group has followed up with an A$170 million ($112.8 million) buy of a high-rise hotel in downtown Melbourne from one of its compatriots.
Singapore Expanding Family Office Incentives to Keep Cash Local, Go Green
The Monetary Authority of Singapore on Wednesday expanded the island financial hub’s outreach to wealthy private investors by introducing new tax policies to nudge single family offices towards sustainability-focused projects and philanthropic works.
In remarks at a briefing on MAS’s… Read More>>
Lian Beng’s $251M Buyout Moving Forward as Shareholders Accept Chairman’s Sweetened Offer
The Ong family behind Lian Beng Group has persuaded enough shareholders to accept a sweetened buyout offer for the Singapore-listed developer for the privatisation to move ahead towards a delisting.
Led by Lian Beng chairman and patriarch Ong Paik Ang,… Read More>>
Singapore Private Home Prices Fall for First Time in More Than Three Years
Singapore’s price index for private residential properties fell 0.4 percent in the April-June quarter compared with the first three months of the year, marking the first decline since the first quarter of 2020, according to the Urban Redevelopment Authority’s flash… Read More>>
Singapore Office Rents Flatten in Q2 as New Projects Enter the Market
Grade A office rent growth in Singapore’s central business district slowed for a third straight quarter and nearly ground to a halt in the April-to-June period of 2023, according to JLL.
Gross effective monthly rent for CBD Grade A office… Read More>>
Chinese National Buys Row of Singapore Shophouses From Razer Co-Founder for $59M
A Chinese investor has reportedly purchased a row of six shophouses in downtown Singapore for S$80 million ($59 million) as wealthy overseas nationals continue to play a growing role in trades of small-scale commercial assets in the Southeast Asia financial… Read More>>
ESR-Logos REIT Offloads Seven Singapore, Australia Industrial Assets for $250M
ESR-Logos REIT is selling six industrial assets in Singapore and another logistics facility in Australia for a combined S$337 million ($250 million), allowing the SGX-listed trust to reduce its debt and lower gearing.
The REIT’s manager said on Friday that… Read More>>
Singapore Launches Tender for Jurong Site to Boost Office Supply in Future CBD
Singapore’s Urban Redevelopment Authority on Thursday launched the tender of a 6.5 hectare (16 acre) mixed-use development site in Jurong Lake District as the city-state ramps up government land sales this year.
The so-called white site in Singapore’s western region… Read More>>
Singapore Ramps Up Housing Supply With Biggest Land Sale Plan in a Decade
Singapore on Wednesday unveiled plans to put up for sale eight residential sites in the second half of the year as part of the government’s plan to boost private home supply and tame a red-hot housing market.
Under the confirmed… Read More>>
Amara Hotels Could Be Next Real Estate Buyout Target on the SGX
Amara Holdings said on Monday that it is in talks with its controlling shareholders regarding a potential deal, with analysts speculating that the SGX-listed hotel owner and operator could be Singapore’s latest buyout target.
Amara, which saw its stock skyrocket… Read More>>
- « Previous Page
- 1
- …
- 30
- 31
- 32
- 33
- 34
- …
- 104
- Next Page »