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suntec-reit-Chong-Kee-Hiong

ARA’s Suntec REIT Agrees to Buy Sydney Office Project for A$297M

2019/07/02 by Michael Cole Leave a Comment

Singapore-listed real estate investment trust Suntec REIT has agreed to acquire its fourth Australian commercial property, an office project in the Sydney tech hub of Pyrmont, for A$297 million ($208 million), according to an announcement to the stock exchange.

The… Read More>>

Lohas Park

Lohas Park MTR Project Pulls 11 Bids and More Asia Real Estate Headlines

2019/04/25 by Michael Cole Leave a Comment

The sale of a jumbo-sized housing plot in the New Territories has brought Hong Kong’s MTR Corporation a bumper crop of bids as the real estate market in the world’s priciest city shows signs of recovery.

The Asian financial hub’s… Read More>>

Peng Chun CIC

China Said to Pick New Head for Sovereign Fund and More Asia Real Estate Headlines

2019/04/03 by Michael Cole Leave a Comment

Sovereign funds, Swiss banks and French châteaux feature in today’s real estate headlines from around the region as China’s CIC is said to have found a new chief among the ranks at the country’s Bank of Communications, and finance heavyweight… Read More>>

Suntec City Singapore

ARA Sells Six Floors in SG’s Suntec City to Alpha for S$160M

2019/02/14 by Jesus Alcocer Leave a Comment

ARA Asset Management on Thursday announced the sale of six office floors in Suntec City to Alpha Investment Partners, a subsidiary of Keppel Capital, for S$160 million ($117.8 million), in one of Singapore’s most expensive office sales in the past… Read More>>

Lin Zhuo Yan Hsin Chong

HK Construction Giant Files for Liquidation and More Asia Real Estate Headlines

2019/01/24 by Michael Cole Leave a Comment

Economic stress lead’s today’s real estate news from around the region, as an 80-year-old Hong Kong construction company could be up for demolition after missing a $150 million bond payment this week, and mainland China’s oldest investment conglomerate hopes to… Read More>>

Chong Kee Hiong Suntec

Asia Real Estate People in the News 2018-11-12

2018/11/12 by Michael Cole Leave a Comment

Top executives and board members of some of the region’s biggest property developers and investors are on the move as one of 2018’s biggest sellers of assets seems to have now disposed of the CEO of its key Hong Kong… Read More>>

Singapore’s Suntec City Hopes to Hook Up With 3 Mil Mainland Visitors Via Jack Ma’s Alipay

2018/02/10 by Shawna Kwan Leave a Comment

Nearly three million mainland visitors showed up in Singapore during the first 11 months of last year, and one of the city’s biggest shopping centres is angling to capture more of that PRC cash through a tie-up with Jack Ma’s… Read More>>

Chan Kong Leong

Suntec REIT Buys 50% of Melbourne Office Project for $328M

2017/07/31 by Greg Isaacson Leave a Comment

Singapore-listed Suntec REIT is buying a 50 percent stake in a downtown Melbourne office project from Australian property group Mirvac for A$417 million ($328 million), according to an announcement by the REIT’s manager, ARA Trust Management (Suntec) last week.

Once completed,… Read More>>

John Lim ARA

ARA Buys 5 Floors in Singapore’s Suntec for $89 Mil

2016/12/20 by Michael Cole Leave a Comment

Singapore-listed ARA Asset Management is reportedly buying five office floors in Suntec Tower One, a prime business location in the city-state for S$129.3 million ($89 million).

The fund management firm run by investor John Lim is buying up the floors… Read More>>

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