One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of Shangri-La hotels and Kerry Properties has acquired nearly half a billion dollars worth of Singapore sites. Also grabbing… Read More>>
Oxley Confirms Bid for Singapore’s $490M Chevron House
Singapore’s Oxley Holdings is in talks to buy the Chevron House commercial tower in the city-state’s financial district, the company confirmed, following a newspaper report that the developer was close to purchasing the asset for around S$660 million ($490 million).
Gaw Capital To Buy Singapore Commercial Complex for $253M
A fund managed by Gaw Capital Partners has agreed to pay S$342 million ($253 million) for PoMo, a nine-storey office and retail complex in central Singapore, as the city-state’s real estate investment market continues to gather steam.
The Hong Kong… Read More>>
Outram Park Tower Joins Singapore’s S$6B Collective Sale Surge at S$728M Price
Singapore’s collective sale surge has grown by one more building – the horseshoe shaped Pearlbank Apartments in the Outram Park area. Colliers International announced Thursday that the iconic 37-storey building is up for collective sale, following a fourth and finally… Read More>>
Logan Property Pays $462M to Snatch Up Second SG Project This Year
China’s Logan Property has bought up the Florence Regency complex in Singapore for S$629 million ($462 million) with the hopes of redeveloping the 389,236 square foot (36,161 square metre) site into as many as 1,446 homes, according to a statement last week… Read More>>
APAC’s Biggest Office Deal of 2017 Spurs Momentum for Recovery in Singapore Sponsored Feature
Sentiment in Singapore’s office market is starting to lift. After last year’s blockbuster deal involving the sale of Asia Square Tower 1 for US$2.5 billion, investors have once again taken notice as Blackrock sold Asia Square Tower 2 to Capitaland… Read More>>
$4B Tide of Singapore Collective Sales Could Surge 400% Says Colliers
Singapore’s wave of residential collective sales, totalling S$5.88 billion ($4.12 billion) across 15 major deals this year, is poised to intensify further with another 50 to 60 potential en bloc sales in the pipeline, according to a report released today.
$12M Thai Investment Boosts SG Co-Working Startup to $200M Valuation
Singapore-based JustCo has closed on a Series B funding round that brings its valuation to $200 million, making it the most valuable co-working operator in Southeast Asia, after bagging a $12 million investment from Thai developer Sansiri. The new funding… Read More>>
Exclusive: JLL Hires Former Morgan Stanley Exec to Run APAC Fund Advisory
JLL has hired former Morgan Stanley Real Estate Investing executive Martijn van Eldik as its Head of Funds Advisory for Asia Pacific, the global property consultancy revealed to Mingtiandi today. Van Eldik’s appointment comes as the company grows its capital… Read More>>
Singapore’s Hong Leong Group Buys East Coast Housing Block for $667M
The Singapore housing market is on the rebound and one of the southeast Asian financial hub’s biggest development groups has bought out the residents of a 200-unit housing block on the island city’s east coast to add to its project… Read More>>
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