Asia Pacific real estate investment news and information
For the second time in less than three months, a board member of City Developments Ltd has stepped down over concerns about the Singaporean firm’s investment in mainland Chinese developer Sincere Property Group.
The resignation of independent non-executive director Koh… Read More>>
Despite a downturn in leasing this year due to the COVID-19 pandemic, property consultancy CBRE says office rents in Singapore are likely to rise in the second half of 2021, driven by a limited supply of new Grade A space… Read More>>
Singapore’s Keppel REIT on Wednesday said it had entered into an agreement to acquire a 100 percent stake in Keppel Bay Tower, an office building in the city-state’s HarbourFront area, from Keppel Land Ltd, as the trust seeks to capitalise… Read More>>
As stable becomes sexy in Asia’s real estate markets, Blackstone is teaming up with the family controlling the sponsor of a Singapore-listed REIT for a S$700.3 million ($524.5 million) offer to buy out the industrial real estate trust.
Funds controlled… Read More>>
Macquarie-backed data centre operator AirTrunk announced its Asia operational debut on Wednesday as the Australian firm opened hyperscale cloud facilities in Singapore and Hong Kong.
The two projects have a combined capacity of more than 80 megawatts, and are being… Read More>>
Perennial Real Estate Holdings is taking on its first ever business park project as the Singapore-based developer on Friday announced its S$118 million ($88.4 million) purchase of a project in the city’s Jurong Lake district.
The developer controlled by Singaporean… Read More>>
In today’s serving of regional news headlines, investors including one of China’s largest e-commerce operators, and a US private equity powerhouse are said to be bidding for the assets CJ Rokin’s China business, as the South Korean firm moves on… Read More>>
In Mingtiandi’s latest roundup of regional news headlines, two residential sites change hands in Singapore’s District 9, three former Convoy directors are cleared of fraud charges in a Hong Kong court, and Yotta Infrastructure plans to develop the first data… Read More>>
In full-year guidance released Monday, City Developments Ltd said it expected the effects of the COVID-19 pandemic to continue into 2021 as the Singaporean developer predicted a loss for 2020.
CDL foresees its global hospitality segment, led by wholly owned… Read More>>
Some of Singapore’s largest developers have announced tech initiatives in recent weeks as the city-state focuses on creating more efficient and sustainable buildings. That trend continued Monday with CapitaLand announcing a new partner in an innovation lab targeting the real… Read More>>
