A joint venture backed by Australian property firm Lendlease has agreed to purchase a pair of ageing buildings in Singapore’s rapidly evolving Paya Lebar area for S$150 million ($111.5 million), with plans to build a sustainable commercial project on the… Read More>>
Knight Frank Names Singapore-Based Neil Brookes to Lead Global Capital Markets Team
Citing its institutional clients’ increasing focus on Asia Pacific, Knight Frank has promoted its Singapore-based head of APAC capital markets, Neil Brookes, to global head of capital markets, representing the London-based consultancy’s first global level leader outside the UK.
The… Read More>>
Digital Realty, Global Switch Launch New Data Centres in Singapore, Hong Kong
Asia Pacific’s server-hosting capacity got a boost on Thursday as a pair of global players announced the launch of their latest data centres in Singapore and Hong Kong.
US-based Digital Realty opened its third data centre in the city-state and… Read More>>
CapitaLand Proposes $15.9B Privatisation of Development Division
Trading in shares of Singapore-listed CapitaLand came to a halt Monday morning ahead of an announcement that the property giant plans to take its development operations private and consolidate its investment management platform and lodging business into a new publicly… Read More>>
Frasers Centrepoint Trust Sells Suburban Singapore Mall for $164M
Frasers Centrepoint Trust said late Friday that it had agreed to sell the YewTee Point mall in western Singapore for S$220 million ($164 million), the latest in a string of divestments for the SGX-listed REIT.
In a press release, the… Read More>>
Logos, NEX Mall Owner Forge S$948M in Singapore Green Loan Deals
Two separate deals announced on Tuesday highlight the rising popularity of green loans in Singapore’s property market as developers and asset owners leverage financing opportunities to create more efficient facilities.
Gold Ridge, the owner and developer of NEX shopping mall,… Read More>>
Singapore and Japan Ranked Among Top Three Data Centre Markets Globally
Singapore and Japan took the second and third spots in an annual index of the most attractive places to build data centres, with only the US ranked higher, according to global design and consultancy firm Arcadis.
Asia Pacific is well… Read More>>
Logos Aims for $2.3B Aussie Portfolio After Sydney, Singapore Acquisitions
Logos Property Group is continuing to ramp up its regional portfolio as the ARA Asset Management-backed developer seeks to add a Blackstone-owned logistics portfolio to recent acquisitions in Sydney and Singapore.
Logos is now among five bidders short-listed in Blackstone’s… Read More>>
CDL Acquires Majority Stake in Shenzhen Tech Park to Prop Up Sincere JV
Singapore-listed City Developments Ltd on Monday said it had agreed to acquire an effective 55 percent stake in a Shenzhen technology park in a bid to shore up the liquidity of CDL’s joint venture with Chinese developer Sincere Property Group.
BlackRock Selling Singapore Industrial Asset to AEW for $107M
Singapore real estate assets continue to be in style with the world’s biggest investors with Mingtiandi able to confirm that BlackRock is on the verge of selling an industrial asset in the city-state to Boston-based fund manager AEW.
BlackRock is… Read More>>
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