Asia Pacific real estate investment news and information
Real estate giant City Developments Ltd (CDL) is stepping up plans to redevelop its older commercial buildings in Singapore’s central business district after the COVID-19 pandemic dragged the group’s net profit in the first six months of the year.
CDL… Read More>>
SGX-listed AIMS APAC REIT (AA REIT) has agreed to buy a four-storey warehouse in western Singapore’s Jurong district for S$129.6 million ($94.4 million), notching the city’s biggest industrial deal thus far in 2020 as investors compete for logistics investment opportunities.
Singapore-based property developer Fragrance Group has put its 29-storey office tower on the edge of Singapore’s downtown core for sale at an indicative price of S$715 million ($514.8 million), adding to signs commercial property deals are picking up in the… Read More>>
Financially troubled Pacific International Lines, Singapore’s largest container shipping company, has put its office building near the city’s Raffles Place central business district on the market for an indicative price of S$350 million ($252 million), a source familiar with the… Read More>>
Hong Kong-based logistics developer and fund manager ESR, which has $22.1 billion in assets under management, is consolidating its presence in Southeast Asia’s highest value market by merging a pair of Singapore industrial real estate investment trusts it manages in… Read More>>
Despite slumping retail sales, a division of tycoon Charoen Sirivadhanabhakdi’s TCC Group has agreed to purchase half of a suburban Singapore shopping centre from Frasers Property, the SGX-listed developer controlled by the Thai billionaire.
TCC Prosperity’s purchase of the south… Read More>>
Colliers International this week announced the appointment of Stephen Bruce as its head of management services for its Singapore business, with the former JLL executive having started in his new role on 6 July.
At Colliers, Bruce will be responsible… Read More>>
ARA Venn, the European real estate debt fund manager controlled by ARA Asset Management, said yesterday it has raised €200 million ($225 million) for Venn Commercial Real Estate Fund II (VeCREF II), marking an initial closing for its first investment… Read More>>
Hong Kong residents haven’t had much to cheer about this year, but the reduction in the coronavirus threat and cheaper credit was apparently enough to lure many of them into home purchases with housing prices in May rising at the… Read More>>
Real estate brokerage firm Knight Frank announced this week that it is bolstering its consultancy and research teams in Singapore by bringing on a pair of industry veterans to lead each department.
The company’s group managing director in the country… Read More>>
