Asia real estate and outbound investment news
Singapore’s CapitaLand announced early Monday that it had agreed to buy a controlling stake owned by Temasek Holdings in fellow government-backed developer Ascendas-Singbridge in a deal which would value the target company at S$11 billion ($8.13 billion).
CapitaLand has agreed… Read More>>
Hong Kong residents may be sick of the city’s ongoing housing crisis but at least a few thousand of them seem to have found the government’s proposed cure to be worse than the illness. Protests over the weekend lead today’s… Read More>>
Singapore’s Ascendas-Singbridge Group today announced a new S$400 million ($300 million) investment programme with government giant Temasek Holdings to develop a portfolio of as much as 15 million square feet (1.39 million square metres) of industrial real estate projects in… Read More>>
Leading today’s roundup, distressed Chinese conglomerate HNA Group may get some mileage out of its new friendship with Temasek Holdings, as the Singaporean investment firm is said to be pondering deals for HNA-owned Swissport Group and Gategroup. Also in… Read More>>
One of China’s most watched corporate soap operas seems to have finally reached the series finale as a unit of one-time corporate raider Baoneng is said to be selling its 10.3 percent stake in China Vanke. The report appears to… Read More>>
After buying up a global portfolio of $1.3 billion in student housing, Singapore’s Mapletree Investments has raised $535 million for a private student accommodation trust, giving institutional investors a stake in its cache of dorms and apartments.
The student housing… Read More>>
Singapore-based urban development consultancy Surbana Jurong has acquired Australian competitor SMEC Holdings for approximately $297 million, according to a joint statement by the two companies.
The acquisition by the subsidiary of Singapore’s Temasek Holdings will create a 10,000 person consultancy… Read More>>
China’s unused apartments might soon become serviced apartments or vacation rentals after Singapore’s CapitaLand agreed to invest a total of $87 million with online apartment sharing platform Tujia.com
Tujia, which is frequently referred to as the AirBnB of China, received… Read More>>
A Chinese warehouse developer invested by the Carlyle Group and Singapore’s Temasek Holdings last week got ready to put $300 million of that capital to work on a major new logistics facility in Wuxi aimed at serving demand from China’s… Read More>>
Since August last year global fund investors have poured more than $3.81 billion into China’s warehouse developers, seeking a share of the profits reaped from supporting the country’s rapidly growing retail and ecommerce sectors.
And the influx of money could… Read More>>
