A pair of Singapore-listed firms controlled by a mysterious mainland investor with links to the younger brother of former US president George W Bush has teamed with a Hong Kong construction firm to win a tender for a mixed-use project… Read More>>
Ascendas REIT Buying 75% of Singapore Tech Park Building From CapitaLand for $400M
Showing continued faith in demand for Singapore office space among corporate giants, Ascendas REIT has agreed to buy the 75 percent stake in a top-end business park property held by its sponsor, and partner in the project, CapitaLand.
The SGX-listed… Read More>>
Fourth CDL Director Quits After Singapore Developer Declares $1.4B Loss
A fourth director has resigned from the board of City Developments Ltd (CDL) after the troubled Singapore development titan reported a loss attributable to shareholders of S$1.9 billion ($1.4 billion) in 2020.
Jenny Lim Yin Nee ended her role as… Read More>>
CDL JV with Hongkong Land Unit Enters $336M Top Bid for Singapore Residential Plot
A joint venture of City Developments Ltd and Hongkong Land affiliate MCL Land has made the top bid for a residential plot near Singapore’s Little India neighbourhood.
The partnership’s bid of S$445.9 million ($336.2 million) for the 99-year leasehold site… Read More>>
PGIM Real Estate Buys Office Building on Singapore’s Robinson Road for $107M
US-based PGIM Real Estate has picked up an office building on Singapore’s Robinson Road, an emerging hotspot for investors seeking value-add real estate opportunities in the city centre, according to government records.
Market sources confirmed that the real estate investment… Read More>>
Singapore Property Investment Jumped 48% in Q1 Says Colliers
After a sharp rebound in the first quarter of 2021, Singapore’s property investment volume is set to recapture pre-COVID levels in the coming periods, according to research by Colliers.
The global consultancy said total investment sales in the first quarter… Read More>>
Singapore’s Frasers Hospitality Trust Names Eu Chin Fen as CEO
After losing its chief executive to a senior role with the Singapore government, the manager of SGX-listed Frasers Hospitality Trust has chosen Eu Chin Fen as its new leader, adding to the roster of female bosses heading REITs listed in… Read More>>
Sun Venture Real Estate Boss Alvin Teo Joins Developer Low Keng Huat
Singapore builder Low Keng Huat is continuing to expand its real estate investment business with the recruitment of a senior dealmaker to join its top management.
Alvin Teo, formerly the head of real estate for local investment manager Sun Venture,… Read More>>
Colliers Appoints Regional Industrial Advisory Head, Japan Occupier Services Boss
Colliers this past week announced the hiring of two executives drafted in from rival agencies to bolster the Canadian property services firm’s Asia Pacific management team.
Lynus Pook has been named senior director for regional industrial advisory in Asia, based… Read More>>
Dyson Helps Fan Singapore Office Market Rebound in First Quarter
Office leasing in Singapore swung into positive territory during the initial quarter of 2021 for the first time since the year-earlier period, nudged by the addition of tech firm Dyson’s lease commitment at a converted colonial-era power plant, according to… Read More>>
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