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Singapore Luxury Home Site Sold for $46M With Proceeds Going to Charity

2023/03/31 by Beatrice Laforga Leave a Comment

The family of Singaporean singer-songwriter Dick Lee has sold a set of three stand-alone homes on the city-state’s upscale Chancery Hill Road to local homebuilder Sustained Land, which is expected to develop new landed homes on the site.

Sustained Land,… Read More>>

Ren Letian of Yangzijiang Shipbuilding

Viva Land Selling Singapore Office Tower at 20% Mark-Down After Vietnam Arrests

2023/03/30 by Michael Cole Leave a Comment

Viva Land has agreed to sell 39 Robinson Road in Singapore for S$399 million ($300 million), parting with the core office asset at a more than 20 percent mark-down just over five months after a Vietnamese tycoon linked to the… Read More>>

Cross Street Exchange

Singapore Central Business District Office Rent Growth Slowed to 1% in Q1

2023/03/29 by Christopher Caillavet Leave a Comment

Grade A office rents in Singapore’s central business district rose 1 percent in the first quarter of 2023 compared with the previous three months as growth slowed for the second quarter in a row, according to JLL.

Gross effective rent… Read More>>

Peter Young QIP

Singapore’s QIP, Soilbuild Launch $246M UK Student Housing JV

2023/03/25 by Christopher Caillavet Leave a Comment

Q Investment Partners has formed a joint venture with Soilbuild Group on a £200 million ($245.5 million) UK student housing platform, as the Singapore-headquartered companies look to profit from one of the more resilient asset classes favoured by Asia-based investors.

… Read More>>

jeffrey perlman ESR

ESR Exploring Sale of Stake in Cromwell Property Group

2023/03/25 by Christopher Caillavet, Beatrice Laforga Leave a Comment

Hong Kong-listed ESR aims to divest at least $1 billion in assets this year as it continues to focus on its fund management business, and those disposals could include its stake in Cromwell Property Group.

In an earnings webcast on… Read More>>

TE Capital's Solitaire on Cecil

Pair of Floors Sold as TE Capital, LaSalle Launch Cecil Street Office Tower in Singapore Sponsored Feature

2023/03/23 by Platform Sponsor Leave a Comment

Just over one year after purchasing the PIL Building on Singapore’s Cecil Street, TE Capital Partners and LaSalle Investment Management have officially commenced sales of a landmark office development on the prime site.

During a preview period in the… Read More>>

Sofitel Brisbane Central - Facade

Singapore’s CDL Buys Brisbane Hotel From Brookfield for $119M

2023/03/22 by Beatrice Laforga Leave a Comment

City Developments Ltd has agreed to buy a five-star hotel in central Brisbane from Canada’s Brookfield Asset Management for A$177.7 million ($119 million), as Australia continues to attract Singaporean investors.

CDL, through a joint venture equally owned by its Millennium… Read More>>

Boustead Singapore chairman Wong Fong Fui

Boustead Projects Set for Delisting After Offer Acceptance Crosses 90%

2023/03/21 by Christopher Caillavet Leave a Comment

SGX-listed Boustead Singapore has received acceptances from shareholders representing more than 90 percent of the issued shares in Boustead Projects, setting the stage for the investment firm to delist the property and construction division and take it private.

Valid acceptances… Read More>>

Vinhomes chairman Pham Thieu Hoa

CapitaLand Said Investing $1.5B to Acquire Projects From Vietnam’s VinGroup

2023/03/20 by Beatrice Laforga Leave a Comment

Singaporean heavyweight CapitaLand Group is in talks to purchase Vietnamese real estate projects worth $1.5 billion from the country’s largest listed developer, Vinhomes JSC, according to an account by Reuters on Monday.

CapitaLand is in talks with the Hanoi-based firm… Read More>>

Nicholas Chua_Ho Bee Land

Singapore’s Ho Bee Land Sells Industrial Assets After Rise in Current Liabilities

2023/03/15 by Beatrice Laforga Leave a Comment

Just over a year after buying a landmark office building in London for £718 million (then $972 million), Singapore’s Ho Bee Land is selling off assets in its home market with the stock exchange having recently queried the developer over… Read More>>

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