Singapore’s booming housing market leads Mingtiandi’s look at real estate news today with a City Developments Ltd joint venture placing the top bid for a lower East Coast site. Also making the headlines is AustralianSuper, which vows to pursue more… Read More>>
Cuscaden Peak-Managed Paragon REIT Sells Singapore Strip Mall for $58M
Paragon REIT has agreed to sell a strip mall in the Upper Bukit Timah area for S$78.5 million ($58 million), reducing the Singapore-listed trust to just two properties in its home market, with another two in Australia.
“The divestment is… Read More>>
Singapore’s Far East Orchard Ups UK Student Housing Bet With $50M Glasgow Project
Far East Orchard is expanding its portfolio of UK purpose-built student accommodation (PBSA) portfolio into Scotland with a £38.9 million ($50 million) development joint venture in Glasgow.
Far East Orchard, the SGX-listed investment unit of regional developer Far East Organization,… Read More>>