Some good news for owners of large scale real estate assets leads today’s headlines in Asia, as one of the region’s biggest pension fund managers is directing $550 million in fresh cash toward the property sector. Singapore also makes it… Read More>>
Blackstone Sells Singapore Residential Project to Far East Consortium For $147M
Hong Kong-listed developer Far East Consortium (FEC) is making another move to bolster its portfolio in Singapore, buying a freehold residential project near the Orchard Road shopping district from a seller believed to be US private equity giant Blackstone for… Read More>>
Wanda Launches Nanjing Theme Park and More Asia Real Estate Headlines
Leading today’s roundup, Dalian Wanda Group may have stepped back from its ambition to crush Disney in China’s theme park market, but that hasn’t stopped the developer from launching a 34,000 square metre indoor amusement park designed by KCC Entertainment… Read More>>
Singapore Launches Tenders for Trio of Residential Plots Valued at $1B
The Singapore government has released three residential sites valued at a total of S$1.36 billion ($1 billion) on the same day, adding an estimated 1,880 homes to the city-state’s housing pipeline.
The three plots, located across the city on Dairy… Read More>>
CDL Names Pair of Execs to Head New Asset Management, Development Divisions
Singapore’s biggest home builder, City Developments Limited (CDL) announced a pair of new executive appointments this week as it created a pair of new business units to strengthen its commercial division and re-engineer its development process.
The owner of Republic… Read More>>
Regus Rides Flexible Working Boom with Launch of 31st Singapore Centre
Regus has launched a new location in Singapore’s Jurong East business district, as the biggest flexible office provider in the city-state continues to build up its network.
Regus, a brand of London-based IWG, now has a total platform of 385,000… Read More>>
Carlyle Adds New Leaders for Vietnam, Indonesia to SE Asia Team
The Carlyle Group, the world’s top private equity firm in terms of fundraising, is boosting its Southeast Asia team with two senior hires in Jakarta and Singapore.
Carlyle has hired Robby Winarta as Managing Director and Long Hoang as Director… Read More>>
Singapore’s ESR-REIT, Viva Industrial Trust Propose $2.2B Merger
The managers of ESR-REIT and Viva Industrial Trust (VIT) have announced a proposed merger that would create Singapore’s fourth-largest industrial real estate investment trust by asset value, totalling about S$3 billion ($2.2 billion).
Through the proposed deal, which would mark… Read More>>
$300M Novena Site Adds to Singapore’s $2.1B Week of Land Sales
A privatised government-built estate in Singapore’s Novena neighbourhood was sold for S$402 million ($299 million) in a collective sale tender late last week, adding to a total of S$2.88 billion ($2.1 billion) of residential and mixed-use land sales in the… Read More>>
UOL-Led Group Pays $771M for Housing Site Near Downtown Singapore
Singapore-listed property firm UOL Group and its affiliates have won a large residential parcel on Silat Avenue, just south of Singapore’s General Hospital, for S$1.035 billion ($771 million), amid a two-day flurry of major site acquisitions in the city-state.
The… Read More>>
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