Beatrice Laforga, Author at Mingtiandi

Receivers Take Over Hong Kong Mansions From Entities Linked to Evergrande Boss

Beatrice Laforga — Wed, 22 Nov 2023 14:52:53 +0000

A creditor has taken over two mansions on Hong Kong’s Peak once valued at a reported HK$1.5 billion ($192 million) in the latest seizure of assets linked to fallen mainland billionaire Xu Jiayin and his China Evergrande Group.

Land Registry... Read More>>

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Social Club in Singapore’s Bukit Timah to Make Way for More Housing

Beatrice Laforga — Tue, 21 Nov 2023 06:48:17 +0000

A private club in Singapore’s upscale Bukit Timah area is set to make way for more housing in one of the city-state’s most exclusive districts, once its lease expires in three years, as the government continues to expand housing supply.

Mall Rents in Singapore’s Orchard Area Up 1.3% in Q3 as Visitors Return

Beatrice Laforga — Mon, 20 Nov 2023 14:36:02 +0000

Mall rents in Singapore’s famed Orchard Road shopping area inched up by 1.3 percent in the third quarter from the preceding three months on the back of a rebound in travel and the ongoing rejuvenation in the area.

Average passing... Read More>>

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Singapore’s CDL Boosts UK Residential Portfolio with London, Manchester Projects

Kevin He — Fri, 17 Nov 2023 10:53:51 +0000

Singapore property giant City Developments Limited (CDL) has expanded its bets on UK residential with the acquisition of a condo-led mixed use project in London and a rental apartment project in Manchester.

A joint venture between CDL and UK developer... Read More>>

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Singapore Home Sales Slid in October for Third Straight Month

Beatrice Laforga — Wed, 15 Nov 2023 23:23:43 +0000

Singapore home sales declined for a third consecutive month in October, with the 203-unit tally marking the lowest total this year as homebuyers await lower prices.

Developers’ sales of new private homes last month fell by 6.5 percent from the... Read More>>

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ESR, Sun Venture, JLL, MSCI See Singapore Rising as Hub for Capital

Beatrice Laforga — Wed, 15 Nov 2023 22:29:53 +0000

A favourable business environment, growing regional momentum and a supportive ecosystems are leading more global, institutional investors to set up shop in Singapore, at the same time that the city’s limited real estate market pushes investors to shop for... Read More>>

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Keppel Capital Buys Singapore Complex from Lian Beng-Apricot Capital JV

Beatrice Laforga — Mon, 13 Nov 2023 05:24:03 +0000

Keppel Capital is purchasing a commercial and residential complex in Singapore’s Rochor district from a joint venture between local investors Lian Beng Group and Apricot Capital for around S$350 million ($257 million), according to sources who spoke with Mingtiandi this... Read More>>

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Viva Land Nears Deal to Sell Singapore Hotel to Local Construction Firm at 30% Loss

Beatrice Laforga — Sat, 11 Nov 2023 13:45:11 +0000

A company linked to jailed Vietnamese businesswoman Truong My Lan is in the process of selling a five-star hotel along Singapore’s Robinson Road at a 30 percent discount from what it paid for the property last year, according to market... Read More>>

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CapitaLand’s Ascott in Due Diligence to Buy Gaw Singapore Hotel

Beatrice Laforga — Thu, 09 Nov 2023 14:40:21 +0000

A lodging unit of CapitaLand Group is in due diligence to buy a hotel in Singapore’s Bugis area from Hong Kong-based Gaw Capital Partners at a price potentially 28 percent less than the company’s target in a marketing exercise a... Read More>>

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GLP Sells Beijing Office to $490M China Income Fund as Debt Profile Slides

Beatrice Laforga — Wed, 08 Nov 2023 13:44:55 +0000

After its parent company was stripped of its sole remaining investment-grade rating last week, GLP Capital Partners (GCP), the asset management division of GLP, announced that it has sold an office complex in Beijing to a RMB 3.6 billion ($490... Read More>>

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