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CDL chairman Kwek Leng Beng

CDL Selling 50.1% Stake in $2.1B Singapore Complex to JV Partner IOI Properties

2025/06/04 by Christopher Caillavet Leave a Comment

SGX-listed City Developments Ltd has agreed to sell its 50.1 percent interest in a central Singapore mixed-use complex to its joint venture partner, Malaysia’s IOI Properties Group, in a deal valuing the asset at S$2.75 billion ($2.1 billion).

CDL is… Read More>>

Kwek Leng Beng

CDL Bests Five Rival Bids to Place Top Offer of $472M for Singapore Residential Site

2025/06/03 by Michael Cole Leave a Comment

Singapore developers have shown that attractive residential sites can still spur competitive bidding with top builder City Developments Ltd placing the top offer for a plot in the city-state’s Jurong Lake in a tender which closed on Tuesday.

The developer… Read More>>

Panote Sirivadhanabhakdi_BOD

Frasers Buying Theatre Complex Next to Northern Singapore Mall for $37M

2025/06/03 by Michael Cole Leave a Comment

Just days after entities under its controlling shareholders completed the sale of its remaining wing of a mall in northern Singapore to a REIT under its sponsorship, Frasers Property has acquired a cinema complex next to the shopping centre for… Read More>>

William Tay of CapitaLand Ascendas REIT

CapitaLand Ascendas REIT Buying Shopee HQ, Data Centre for $544M

2025/05/28 by Christopher Caillavet Leave a Comment

CapitaLand Ascendas REIT has agreed to buy the headquarters building of e-commerce player Shopee and a co-location data centre for a total of S$700.2 million ($543.6 million), as the SGX-listed trust seeks to grow its portfolio with tech-driven assets.

The… Read More>>

Weave Living founder and CEO Sachin Doshi

Weave Confirms $77M Singapore Apartment Acquisition with BlackRock, Lian Beng

2025/05/26 by Michael Cole Leave a Comment

Weave Living has confirmed the acquisition of an apartment complex in Singapore through a partnership with a BlackRock fund and local developer Lian Beng Group.

The partners paid more than S$100 million ($77.4 million) to acquire Momentus Serviced Residences Novena… Read More>>

Weave Living founder and CEO Sachin Doshi

Weave Reunites With BlackRock to Buy Singapore Apartment Complex for $77M

2025/05/22 by Christopher Caillavet Leave a Comment

Weave Living has teamed up for a second time with asset management titan BlackRock to acquire a Singapore serviced apartment building for around S$100 million ($77.4 million), market sources confirmed to Mingtiandi on Thursday.

The partners are acquiring the 78-unit… Read More>>

Kelvin Lim - Coliwoo

Singapore’s LHN Selling Former Coliwoo Property in Run-Up to SGX Mainboard Debut

2025/05/22 by Christopher Caillavet Leave a Comment

Singapore’s LHN Group has agreed to sell a formerly Coliwoo-branded co-living hotel in the city-state’s Geylang area for S$25.8 million ($20 million), as the listed builder looks to streamline operations and shift assets off its books.

The S$10.7 million in… Read More>>

Andrew Burych, Brookfield Asset Management

Brookfield Picks Business Parks, Industrial Complex for $413M as First Singapore Buy

2025/05/19 by Christopher Caillavet Leave a Comment

Brookfield Asset Management has revealed plans to acquire two business parks and an industrial building complex in Singapore from a Mapletree REIT for a total of S$535.3 million ($413 million), marking the Canadian giant’s maiden property investment in the city-state.

… Read More>>

Satinder Garcha

Nepali Tycoon Buys Singapore Shophouse Hotel From Garcha Group for $62M

2025/05/19 by Iris Hong Leave a Comment

Upscale hotels fashioned from conserved Singapore shophouses continue to attract Asia’s ultra-wealthy, with a Nepali tycoon picking up a hostelry in the Tanjong Pagar area for S$80 million ($61.8 million) 

Lotus One Investment, a private company controlled by Chandra P… Read More>>

Scape founder and CEO Stephen Gaitanos speaks with Michael Cole at the Singapore Forum

Over 250 Investors Join Singapore Forum in Largest Mingtiandi Event Ever

2025/05/13 by Michael Cole Leave a Comment

More than 250 executives representing 122 companies joined the Mingtiandi Singapore Forum 2025 on Tuesday, gathering to hear insights from top executives from Asia Pacific’s real estate investment community.

With 45 speakers appearing on stage at the full-day event, representatives… Read More>>

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