Asia real estate and outbound investment news
In today’s roundup of regional news headlines, China Oceanwide unloads a Hawaiian development site at an amended price, Goldin’s Guangzhou commercial project fails to sell at auction for a second time, and Singapore’s SPH REIT gets a rebranding.
Read More>>
Following its takeover by Temasek Holdings-backed investment firm Cuscaden Peak on 30 June, the manager of SGX-listed SPH REIT has named three new directors to its board, including Cuscaden chief executive Gerald Yong.
As part of a set of exchange… Read More>>
In today’s roundup of regional news headlines, Macau orders a citywide lockdown in response to a COVID-19 surge, mainland developer Longfor’s property management unit files for a Hong Kong IPO, and South Korea’s top pension fund manager reports a wave… Read More>>
In today’s roundup of regional news headlines, Singapore-listed Ascendas India Trust is reportedly in talks to acquire L&T Realty’s commercial portfolio, Chinese developer Shimao gets permission from creditors for an onshore bond extension, and buyers snap up flats at a… Read More>>
In today’s roundup of regional news headlines, Singaporean giant GIC invests a further $51 million in its Indian joint venture with Phoenix Mills, Hong Kong transit operator MTR opens another round of bids for a large residential site on more… Read More>>
In today’s roundup of regional news headlines, Singapore’s GIC nears a record-breaking Melbourne office deal alongside Aussie fund manager Charter Hall, SGX-listed Starhill Global REIT posts solid quarterly growth, and time runs short for delinquent firms to file annual reports… Read More>>
The bidding war for Singapore Press Holdings’ real estate business escalated again on Monday, as Temasek-backed Cuscaden Peak announced a S$3.9 billion ($2.89 billion) offer that the Straits Times publisher judged “superior” to rival suitor Keppel Corporation’s terms.
The latest… Read More>>
Keppel Corporation’s plan to acquire Singapore Press Holdings’ real estate business is being challenged by a rival bid from an unlikely source: a consortium backed by state holding firm Temasek and hotel tycoon Ong Beng Seng.
Cuscaden Peak, a company… Read More>>
In today’s roundup of regional news headlines, co-working operator JustCo Singapore suffers a legal defeat in a case of “grossly unfair” contract terms, the brother of the city-state’s prime minister puts his fancy bungalow on the market, and South Korea’s… Read More>>
Keppel Corporation has offered to privatise Singapore Press Holdings’ non-media business, which consists primarily of real estate assets, in a cash-and-scrip deal valuing the Straits Times publisher at S$3.4 billion ($2.5 billion).
Under an agreement between the two firms announced… Read More>>
