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Centurion group CEO Kong Chee Min

Singapore’s Centurion Launches REIT IPO to Raise Over $600M

2025/09/18 by Christopher Caillavet Leave a Comment

The manager of Centurion Accommodation REIT on Thursday filed its final prospectus with the Singapore Exchange for an initial public offering set to raise S$771.1 million ($602.8 million).

The IPO period opens at 10pm on the same day with the… Read More>>

Centurion group CEO Kong Chee Min

Singapore’s Centurion More Than Doubles Profit to $257M as Valuations Soar

2025/02/28 by Christopher Caillavet Leave a Comment

Singaporean developer Centurion Corp’s profit more than doubled in 2024, as the specialist in student and worker housing rode a surge in valuations of investment properties.

The company’s full-year attributable profit shot up 125 percent to S$344.8 million ($257 million),… Read More>>

Avery Lodge Singapore

Bain Capital Buys Singapore Worker Housing From Blackstone for $555M

2025/02/13 by Michael Cole Leave a Comment

Bain Capital continues to expand its Asia Pacific real estate commitments with the US private equity firm having acquired a Singapore worker housing portfolio from Blackstone, according to sources familiar with the transaction who spoke with Mingtiandi.

Bain has acquired… Read More>>

Centurion group CEO Kong Chee Min

Singapore Worker Housing Rents Rose 10.8% in H2 2024 on Labour Influx

2025/02/06 by Bianca Cuaresma Leave a Comment

Rents in worker housing across Singapore rose by an average of 10.8 percent in the second half of 2024, as an influx of foreign labourers flooded into Singapore’s limited stock of dormitories, a recent analysis shows.

In June 2024 442,900… Read More>>

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