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>>
HK Unsustainable, SG Set for Rebound Says UBS Housing Bubble Survey
An annual study of housing markets worldwide by investment bank UBS has identified Hong Kong as one of the world’s riskiest places to buy a home, while sizing up Singapore as a market ready for an upswing.
In its 2017… Read More>>
BlackRock Sets 2017 Record With $1.5B Sale of SG’s Asia Square 2 to CCT
CapitaLand Commercial Trust (CCT) is acquiring Asia Square Tower 2 from a BlackRock-managed real estate fund for approximately S$2.1 billion ($1.5 billion), marking the largest office transaction in Asia Pacific this year and the second-largest globally.
The deal for the… Read More>>
Korea Investment Corp Opens Singapore Office
Korea Investment Corporation (KIC) has opened an office in Singapore, as the $122 billion sovereign wealth fund continues to expand its alternative investments beyond its east Asian home base.
KIC will manage assets locally through the Singapore office, while building… Read More>>
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