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Mark Shi, NTUC Income

Singapore’s Income Insurance Hires CBRE IM to Manage $3B Real Estate Portfolio

2023/01/11 by Beatrice Laforga Leave a Comment

Singapore’s Income Insurance has tapped CBRE Investment Management to manage its $3 billion real estate portfolio, according to a statement on Wednesday, with the news coming just two weeks after its sister company, Mercatus Co-operative, sold a pair of malls… Read More>>

Tan Hong Boon JLL

Singapore Condo Complex Sells for $86M in First Collective Sale of the Year

2023/01/11 by Christopher Caillavet Leave a Comment

A condo complex on Singapore’s Upper East Coast Road has sold for S$115.3 million ($86.6 million) in the city-state’s first collective sale of 2023, with a consortium of unidentified buyers braving a slowing housing market to pick up the 43-unit… Read More>>

Eileen Yong_PGIM Real Estate

PGIM Real Estate Hires LaSalle’s Eileen Yong to Guide Asia Core Strategy

2023/01/11 by Christopher Caillavet Leave a Comment

PGIM Real Estate on Wednesday announced the hiring of Eileen Yong as deputy portfolio manager for the firm’s Asia core strategy.

Carrying the title of executive director, Yong most recently was a senior fund manager at LaSalle Investment Management and… Read More>>

Bruno Lopez st telemedia

ST Telemedia Global Data Centres Completes Sale of 40% Stake in UK Unit to Macquarie

2023/01/10 by Christopher Caillavet Leave a Comment

Temasek Holdings-backed ST Telemedia Global Data Centres has completed the sale of a 40 percent stake in its UK-based Virtus subsidiary to Macquarie Asset Management.

The investment by the Australian fund manager will enable the digital infrastructure arm of Singapore’s… Read More>>

Bastiaan van Beijsterveldt

Colliers Promotes Bastiaan van Beijsterveldt to Managing Director for Singapore

2023/01/10 by Christopher Caillavet Leave a Comment

Colliers on Tuesday announced the promotion of Bastiaan van Beijsterveldt to the role of managing director for Singapore, as the property services firm continues to refresh its Asia-based leadership.

Van Beijsterveldt moves from his previous position of executive director and… Read More>>

christine sun orangetee

Singapore Housing Market Preps for Return of PRC Buyers 

2023/01/09 by Beatrice Laforga Leave a Comment

In a much-awaited move, China lifted COVID-driven travel restrictions on its citizens on Sunday, with property analysts in Singapore expecting the move to help prop up home sales in the city-state this year as mainlanders turn to the city’s safe… Read More>>

Gordon Tang Singhaiyi

Tang Reshuffles Stake in OUE C-REIT as Chip Eng Seng Buyout Continues

2023/01/08 by Christopher Caillavet Leave a Comment

Gordon Tang has sold a 1.02 percent interest in Singapore-listed OUE Commercial REIT to his mother and son, as the mainland billionaire and wife Celine continue to build their stake in developer Chip Eng Seng in a bid to take… Read More>>

Rai Katimansah SC Capital

SC Capital Hires Sun Hung Kai & Co’s Rai Katimansah as Managing Director

2023/01/04 by Christopher Caillavet Leave a Comment

SC Capital Partners has announced the hiring of managing director Rai Katimansah, a 25-year veteran who will focus on the Singapore-based real estate fund manager’s debt strategies.

Katimansah joins SC Capital from Hong Kong’s Sun Hung Kai & Co, where… Read More>>

Lentor-Hills-Residences Singapore

Singapore Home Price Growth Slows to 0.2% in Q4 as Market Cools 

2023/01/03 by Beatrice Laforga Leave a Comment

Limited project launches have slowed down home sales and dampened Singapore’s housing market in the fourth quarter, causing prices for new private homes to rise by a mere 0.2 percent from the preceding three months and temper full-year price growth… Read More>>

Ng Kiat MLT

Singapore’s Mapletree Logistics Trust Sells Changi Shed at 39% Premium

2022/12/29 by Beatrice Laforga Leave a Comment

Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local furniture retailer for S$22 million ($16.34 million), freeing up cash to invest in fresh assets, according to a bourse filing late Tuesday.

The trust’s… Read More>>

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