Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan real estate investment market in Asia Pacific last year, with deals for income-producing assets jumping 39 percent year-on-year to $20.9 billion, according to a new report… Read More>>
CapitaLand and Friends Break Ground on 51-Storey Downtown Singapore Tower
CapitaLand has broken ground on a 51-storey, mixed-use skyscraper in downtown Singapore that will provide futuristic offices, serviced apartments and amenities from food stalls to a four-storey tropical garden upon completion in 2021.
The integrated development will bring 635,000 square… Read More>>
Singapore Launches Property Agent Rating System in Govt Proptech Initiative
Singaporeans may soon be able to rate the city-state’s nearly 30,000 property agents in much the same way they assess restaurants and Uber drivers. The Council for Estate Agencies (CEA), a government body that regulates the industry, announced plans to… Read More>>
Warburg Pincus-Backed ESR-REIT Proposes Merger With Viva Industrial Trust
Warburg Pincus-backed e-Shang Redwood REIT (ESR-REIT) has proposed a merger with Viva Industrial Trust to create the fourth-largest Singapore-listed industrial REIT.
ESR-REIT announced the proposed merger with Viva Industrial Trust, a mainboard-listed business park and industrial REIT, this week after… Read More>>
Singapore’s CDL Praised for Green, Female-Friendly Culture
Singaporean property giant City Developments Limited (CDL) is the world’s only real estate company to be honoured for both its female-friendly culture and green initiatives by a pair of newly released international rankings.
The listed developer of over 18 million… Read More>>
Developer Headed by George W Bush’s Brother Buys Singapore Site for $632M
A Singapore-listed developer headed by a brother of former US president George W Bush has scooped up a residential site for S$840.9 million ($632.5 million), amid a surge of collective sales in the southeast Asian city-state.
The site, Park West… Read More>>
Woon Pin Chong joins Franklin Real Asset Advisors as MD for APAC
Woon Pin Chong has joined Franklin Real Asset Advisors (FRAA), a division of US investment giant Franklin Templeton Investments, as managing director for the Asia Pacific region.
Based in Singapore, Chong heads up the company’s Asia Pacific investment team, driving… Read More>>
Singapore Home Prices Poised To Grow 5% in 2018, Extending Rebound
Singapore’s housing market continues to gain momentum after a nearly four-year slump, with residential prices rising by 0.7 percent last quarter – bringing full-year growth to one percent in 2017 – and further growth of up to five percent expected… Read More>>
Singapore’s City Towers Put on the Block for S$355M and More Asia Real Estate Headlines
Another collective sale leads the region’s real estate headlines again today as Asia gets back to work after the western holiday season, with the owners of a housing development hoping to bring in S$355 million to be homeless. Meanwhile, Guangzhou… Read More>>
Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines
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>>
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