Just over a half-year after closing on the $331 million purchase of a commercial building in Singapore’s Orchard Road area, a joint venture of private equity shop TE Capital Partners and LaSalle Investment Management has sold a pair of floors… Read More>>
Hong Kong’s Cassette King Sells Two Floors in The Center to DBS for $169M
Hong Kong tycoon David Chan Ping-chi is offloading his remaining holdings in Hong Kong’s fifth tallest building with the sale of his last two floors in the Center, after valuations for space in the 73-storey office tower plummeted by more… Read More>>
PGIM Real Estate Nears Sale of Pair of Office Floors on Singapore’s Robinson Road
PGIM Real Estate is closing in on deals to sell a pair of office floors in downtown Singapore after completing renovations on the 12-storey building between Tanjong Pagar and Raffles Place.
“We have received firm offers and are close to… Read More>>
PGIM Selling Singapore’s 108 Robinson Road Floor by Floor as Big Ticket Deals Dry Up
With big ticket office deals becoming an endangered species in the real estate kingdom, PGIM Real Estate has decided to sell off a building in Singapore’s central business district floor by floor, taking advantage of record pricing for smaller scale… Read More>>
Indonesia’s Widjaja Family Marketing Commercial Floor in Singapore’s Orchard Area for $57M
Top Global has put a strata-titled office asset in Singapore up for sale at S$76 million ($57.1 million) as the company owned by Indonesia’s Widjaja family plans to completely exit the commercial building near the Orchard Road shopping strip.
The… Read More>>
TE Capital in Due Diligence for Office Building in Singapore’s Orchard Area
Just a few months after wrapping up sales for a project in Singapore’s central business district, local private equity firm TE Capital Partners is doing some building shopping near the city-state’s Orchard Road retail strip as it looks for another… Read More>>
Shipping Firm IMC Buys Office Floor Near Singapore’s Orchard Road for $18M
An investment company which controls one of Asia’s largest family-owned shipping firms has snapped up an office floor near Singapore’s Orchard Road for S$24 million ($17.7 million) as the city-state’s strata office market continues to gather steam.
IMC Group, founded… Read More>>
Singapore Strata Office Sales Slid in 2023 1H as Supply Dwindled
Despite a boost from a sold-out project in the central business district, trades of strata-titled office assets in Singapore plunged by 20 percent in the first half of the year from the preceding six months as rising interest rates crimped… Read More>>
LaSalle-TE Capital Singapore JV Solitaire on Cecil Sold Out in Three Months
TE Capital and LaSalle Investment Management have sold out the last of the office floors in their Solitaire on Cecil project in Singapore’s central business district less than three months after the official launch, amid strong demand from family offices… Read More>>
Cecil Street Project Sets Singapore Price Record as 3 Floors Sell for $122M
A local company has set a new Singapore price record with the purchase of a trio of office floors in Solitaire on Cecil, an office project being developed by TE Capital and LaSalle Investment Management near the Raffles Place commercial… Read More>>