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Erwin Chong DBS

DBS to Create Singapore’s First Carbon Net Zero Bank in Pilot Project

2021/07/11 by Christopher Caillavet Leave a Comment

With sustainability becoming a key component of real estate value, Singapore’s DBS is planning to transform an existing four-storey office building into the city-state’s first carbon net zero development by a bank.

Southeast Asia’s largest financial house will invest more… Read More>>

Lim Kiam Fong Hines

Hines Hires Former DWS Exec Kian Fong Lim as Singapore Country Head

2021/07/07 by Christopher Caillavet Leave a Comment

US developer Hines has announced another key hire with a fund management pedigree, naming Kian Fong Lim as managing director and country head for Singapore.

Lim most recently served as director of portfolio management and head of transactions in Southeast… Read More>>

huey-ying-tay

Central Singapore Office Rents Rose 1.2% in Q2 in First COVID-Era Increase

2021/06/25 by Christopher Caillavet Leave a Comment

Spring has brought fresh growth to Singapore’s central business district as office rents registered their first uptick since the dawn of the pandemic, JLL said this week in its second-quarter research report.

Average monthly gross effective rents for Grade A… Read More>>

Chong Kee Hiong Suntec

Suntec REIT Sells 30% Stake in UBS Singapore HQ to Billionaire Gordon Tang

2021/06/19 by Christopher Caillavet Leave a Comment

Suntec REIT has sold its 30 percent stake in Swiss bank UBS’s Singapore headquarters for S$295.5 million ($220.2 million), in a transaction that puts the owners of SingHaiyi Group in full control of the recently renovated asset.

“The divestment of… Read More>>

john yip headshot

China’s CreditEase Hires Mapletree Vet John Yip in Singapore

2021/06/17 by Michael Cole Leave a Comment

Mainland fund manager PeakVest China is expanding its real estate investment platform in Singapore and has hired former Mapletree executive John Yip to drive its growth in the Southeast Asia financial hub.

A restructuring of the asset management business of… Read More>>

Low Keng Boon

Sun Venture, Low Keng Huat Swap Stakes in Singapore Commercial Assets

2021/06/14 by Christopher Caillavet Leave a Comment

Just two months after Singapore developer Low Keng Huat hired away a top executive from local investment firm Sun Venture, the two companies are swapping stakes in a pair of long-standing joint ventures.

Low Keng Huat announced to the Singapore… Read More>>

magnus ekborn lazada

ARA-Chelsfield Singapore Project Rechristened Lazada One as Alibaba Unit Relocates

2021/06/12 by Christopher Caillavet Leave a Comment

Lazada, the Southeast Asia online marketplace owned by Chinese e-commerce giant Alibaba, has slapped its name on its new Singapore home as it prepares to move into the building owned by ARA Asset Management and UK-based Chelsfield.

Earlier this year,… Read More>>

Tan Boon Leong JLL

JLL Hires Tan Boon Leong, Ng Ee Kiat to Bolster Singapore Industrial Team

2021/06/09 by Christopher Caillavet Leave a Comment

After bringing aboard Tom Woolhouse earlier this year to lead its Singapore-based logistics and industrial team for Asia Pacific, JLL has made two more outside hires to boost its shed-shifting power.

Tan Boon Leong and Ng Ee Kiat, both jumping… Read More>>

jesline goh UOL

UOL Tops 14 Competing Offers with $287M Bid for Central Singapore Site

2021/05/25 by Michael Cole Leave a Comment

A real estate developer controlled by the family behind United Overseas Bank has placed the top bid for a residential site overlooking a set of parks in central Singapore, edging out 14 other contestants including a joint offer by City… Read More>>

Justin Chiu - ARA thumbnail

Japanese Megabank Sumitomo Mitsui Leads ARA’s $500M Pre-IPO Financing

2021/05/18 by Christopher Caillavet Leave a Comment

ARA Asset Management has moved a step closer to a public listing, with the Singapore-based real estate fund manager announcing today that it is raising $500 million in a financing round led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC) which… Read More>>

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MTD TV

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