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Southpoint Tanjong Pagar

Office Units in Singapore’s Tanjong Pagar Sell for $25M in Record-Breaking Deal

2023/01/18 by Christopher Caillavet Leave a Comment

A mere month after an Orchard Road commercial building set a new city-wide mark, an office tower in downtown Singapore has recorded its highest-ever price paid per square foot after a set of strata units in the building sold for… Read More>>

George Hongchoy, Executive Director & Chief Executive Officer, Link REIT

Link REIT Buying Mercatus Malls for $1.6B in Singapore’s Biggest Deal of 2022

2022/12/29 by Beatrice Laforga Leave a Comment

Hong Kong’s Link REIT is entering Singapore with a bang as it records the city’s largest real estate acquisition this year with a S$2.16 billion ($1.6 billion) purchase of a pair of suburban malls from Mercatus Co-operative Ltd, according to… Read More>>

Asok Kumar Hiranandani Royal Group

Singapore’s Hiranandani Buying Orchard Road Commercial Building in Record $127M Deal

2022/12/18 by Beatrice Laforga Leave a Comment

Singapore’s Royal Group has agreed to buy a commercial building near the city’s Orchard Road shopping strip for S$172 million ($126.7 million), setting a city-wide record high price per square foot of buildable area as it plans to redevelop the… Read More>>

lai jing dong

M&G Buying Four Singapore Car Showrooms From Cycle & Carriage

2022/10/23 by Beatrice Laforga Leave a Comment

M&G Real Estate has agreed to acquire four car showrooms in Singapore from auto distributor Jardine Cycle & Carriage (JC&C) for an undisclosed sum, according to industry sources who spoke with Mingtiandi.

UK-based M&G signed a sale and purchase agreement… Read More>>

Watch Retailer Buys Office Floor Along Singapore’s Orchard Road for $34M

2022/10/05 by Beatrice Laforga Leave a Comment

A Singapore watch retailer has decided it’s time to own office space, and has sprung for an entire floor of an office building near Singapore’s Orchard Road shopping belt for S$49 million ($34.42 million).

Cortina Holdings, a Singapore-based distributor of… Read More>>

Jeffrey-Perlman ESR

ESR Buys Out Mitsui Stake in ESR-Logos REIT as Trust Sells SG Property for $25M

2022/10/01 by Beatrice Laforga Leave a Comment

ESR Group is acquiring a minority stake in the manager of ESR-Logos REIT from Japan’s Mitsui & Co as the Hong Kong-listed logistics giant takes virtually full control of the entity just four months after the enlarged trust was formed… Read More>>

Mr Kelvin Lim, Executive Chairman and Group Managing Director of LHN Limited

Singapore’s LHN Buys Two Hotels in One Week to Expand Co-Living Portfolio 

2022/09/26 by Beatrice Laforga Leave a Comment

LHN Group has made back-to-back acquisitions worth a total of S$36.4 million ($25.4 million) in Singapore within a week as the real estate firm takes on more hotel conversion projects to grow its co-living portfolio.

The SGX-listed asset manager entered… Read More>>

Du Shuanghua Bright Ruby

NTUC Selling 16 Collyer Quay in Singapore to China’s Bright Ruby for $717M

2022/07/01 by Beatrice Laforga Leave a Comment

Bright Ruby Resources, an investment firm backed by Chinese billionaire Du Shuanghua, has won the tender for 16 Collyer Quay, picking up the Raffles Place office tower from NTUC Income for approximately S$1 billion ($717.2 million), according to multiple sources… Read More>>

Boustead chairman John Lim Kok-Min

Boustead Projects JV Picks Up Sin Capital’s Orchard Road Tower for $371M

2022/06/25 by Christopher Caillavet Leave a Comment

A joint venture led by developer Boustead Projects has agreed to acquire a mixed-use building near Singapore’s swanky Orchard Road for S$515 million ($371 million), taking advantage of a distressed-asset sale to pick up a prime property at a discount.

… Read More>>

Nex mercatus

Singapore’s NTUC Nears Sale of $3.7B in Retail, Office Assets

2022/06/19 by Beatrice Laforga Leave a Comment

Singapore’s NTUC Enterprise Co-operative Ltd is close to selling off the majority of its Singapore real estate portfolio with its property arm marketing S$4.15 billion ($3 billion) in suburban malls at the same time that its insurance division is mulling… Read More>>

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MTD TV

SE Asia Data Centre Boom to Continue Say EdgeConneX, Engie, Wong & Partners: MTD TV
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People in the News

Michael Smith Hongkong Land
Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues
Cheng Kar-Shun, NWD
New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate
Rahul Pandit
Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs
sanjiv-aggarwal- Actis
Asia Real Estate People in the News 2023-11-20

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People in the News

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs

Rahul Pandit

Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

Asia Real Estate People in the News 2023-11-20

sanjiv-aggarwal- Actis

India’s de facto sovereign fund leads this week’s review of personnel moves from around the region with news reports … Read More>>

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Latest Stories

Norito Ikeda president Japan Post Bank
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China’s Wanda Delaying $600M Bond Payment and More Asia Real Estate Headlines

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