Asia Pacific real estate investment news and information
Real estate consultancy CBRE on Tuesday announced a reshuffle of its top leadership in Southeast Asia, as the firm shakes up its ranks in response to a global corporate restructuring first announced late last year.
Pauline Goh, who has served… Read More>>
GIC-backed coworking provider JustCo and Singapore-based venture capital investment firm Trive Ventures are teaming up to launch a startup incubation programme that provides a communal home for fast-growing new companies in central Singapore, according to a joint statement released by… Read More>>
The US division of Singaporean developer OUE has put US Bank Tower, the second tallest building in Los Angeles, on the market for a reported $700 million in a deal which, if concluded at the asking rate, would be the… Read More>>
Gaw Capital Partners has closed on the acquisition of Robinson 77, an office building in Singapore’s Tanjong Pagar area, from a fund managed by CLSA Capital Partners, according to sources familiar with the transaction who spoke with Mingtiandi.
In the… Read More>>
Strong demand from tenants and limited supply of prime CBD space helped boost office rental rates in Singapore during 2018 by the largest amount in four years, according to new figures issued by the city government.
Office rental rates increased… Read More>>
A hotel site in Singapore’s Chinatown area sold for a record price per square foot at a government land sale this week, according to an announcement by the Urban Redevelopment Authority, as investors continue to show confidence in the city’s… Read More>>
Singapore’s CapitaLand announced early Monday that it had agreed to buy a controlling stake owned by Temasek Holdings in fellow government-backed developer Ascendas-Singbridge in a deal which would value the target company at S$11 billion ($8.13 billion).
CapitaLand has agreed… Read More>>
Oxley Holdings Ltd is on its way to selling a pair of hotels on Stevens Road, just near Singapore’s Orchard Road shopping district, for a combined S$950 million ($702 million), according to an announcement by the developer to the city’s… Read More>>
Ascott Residence Trust has sold the Ascott Raffles Place Singapore to a local private investor for S$353.3 million, according to a filing by the REIT’s manager to the Singapore Exchange last week, parting with one of the most recognisable properties in the… Read More>>
A joint venture between ARA Asset Management and Chelsfield Asia has purchased the Manulife Centre on Singapore’s Bras Basah Road for S$555.5 million ($408.8 million), according to statements released late Friday.
Singapore-based ARA and Chelsfield, the Asian arm of a… Read More>>
