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Amelie-Delaunay

French Fund Manager Latest to Join Migration to Singapore

2022/07/21 by Christopher Caillavet Leave a Comment

Paris-based investment group La Francaise will open a Singapore office at Frasers Tower in Tanjong Pagar, becoming the latest global fund manager to establish a beachhead in the Southeast Asian powerhouse.

Singapore is just the third Asia Pacific market for… Read More>>

Cui Zhengfeng Kingsford

Chinese Builders Kingsford, MCC Buying Singapore Project for $637M

2022/07/18 by Beatrice Laforga Leave a Comment

Kingsford Development has teamed up with a unit of state-owned conglomerate Metallurgy Corporation of China, to sign a deal for Singapore’s largest en bloc sale so far this year after making a S$890 million ($637.2 million) offer.

A notice sent… Read More>>

Rohit-Sipahimalan Temasek

Singapore’s Temasek Increases Exposure To Home City As Portfolio Hits Record $297B

2022/07/14 by Beatrice Laforga Leave a Comment

Singapore’s Temasek Holdings saw its portfolio hit a record high of S$403 billion ($297 billion) in the year to 31 March, as the sovereign fund re-established the Lion City as its biggest single-country investment location and cut back on its… Read More>>

Daniel Ding_hero

Singapore Real Estate Investment Reaches $14.5B, Nearly Doubling 2021 Level

2022/07/13 by Beatrice Laforga Leave a Comment

Investment in Singapore real estate climbed to S$20.2 billion ($14.5 billion) in the first half of 2022, up by 89 percent from the same period last year as investors continued to pursue commercial assets in the city despite growing uncertainty… Read More>>

Shop Portfolio on the Market for $43M as Singapore Retail Rebounds

2022/07/13 by Beatrice Laforga Leave a Comment

A set of retail shops in one of the oldest shopping centres in downtown Singapore is on the market for S$60 million ($42.65 million) as the neighbourhood gets a lift from nearby rejuvenation projects like CapitaLand’s Funan mall.

Four strata… Read More>>

Singapore Industrial Investments Down 5% In Q2, Leasing Fell by a Third

2022/07/11 by Beatrice Laforga Leave a Comment

Prolonged global uncertainties and tight domestic supply are hitting Singapore’s industrial real estate market, pulling down property investment deals in the sector by 4.9 percent in the second quarter to S$661.5 million ($472 million) while tempering leasing activity by a… Read More>>

Henry Low Amazon

Amazon Inks Deal for 11 Floors at IOI Central Boulevard in Singapore

2022/07/09 by Beatrice Laforga Leave a Comment

Amazon has agreed to occupy around 369,000 square feet (34,281 square metres) of office space at the IOI Central Boulevard Towers skyscraper in Singapore’s downtown core, according to a broker active in the market.

The American e-commerce giant has reached… Read More>>

Liam Hiap Tay ERA

People’s Park Centre in Singapore’s Chinatown on the Market for $1.3B

2022/07/07 by Beatrice Laforga Leave a Comment

An ageing commercial and residential complex in Singapore’s Chinatown is back on the en bloc market for S$1.8 billion ($1.28 billion) in what could be the city’s largest collective sale ever.

More than 80 percent of the owners of the… Read More>>

Piccadilly-Grand

Singapore Home Prices Rise 3.2% in Ninth Straight Quarter of Growth

2022/07/05 by Beatrice Laforga Leave a Comment

Singapore home prices rose at a faster pace in the three months ending 30 June to record their ninth consecutive quarter of growth as tight supply met rising demand fueled by border reopening and builders passed along rising construction costs.

… Read More>>

Ascott chief executive officer Kevin Goh

CapitaLand’s Ascott Buying Oakwood Serviced Apartment Business From Mapletree

2022/07/04 by Beatrice Laforga Leave a Comment

Singapore’s The Ascott Ltd is buying serviced residence provider Oakwood Worldwide from Mapletree Investments for an undisclosed amount in a move that would boost its management portfolio by 11 percent with the addition of 81 accommodations globally, the firm announced… Read More>>

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