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8 Shenton Way

SOM Unveils Design for Alibaba-Backed Tower Set to Be Singapore’s Tallest Building

2022/10/27 by Christopher Caillavet Leave a Comment

American architecture giant Skidmore, Owings & Merrill has revealed its design for an Alibaba-backed tower soaring 350 metres (1,148 feet) in height to become Singapore’s tallest skyscraper upon completion.

The 63-storey mixed-use development at 8 Shenton Way in the Tanjong… Read More>>

Jack Ma Getty Images

Alibaba-Led Consortium Gets Nod for Singapore’s Tallest Skyscraper in Tanjong Pagar

2022/08/04 by Beatrice Laforga Leave a Comment

Mainland tech giant Alibaba together with consortium partners led by Perennial Holdings are set to build Singapore’s tallest tower after regulators approved their proposal for a 305-metre (1,001-foot) skyscraper in Tanjong Pagar.

In a grant of written permission dated 7… Read More>>

RImon Ambarchi

CBRE Leads Brokerage Wins with Deutsche Shed Deal as Asia Recovers Mingtiandi Broker Battle

2020/05/18 by James Hatton Leave a Comment

Asia’s real estate markets have reawakened in May with the world’s largest brokerages handling a string of investment and leasing transactions in Hong Kong, mainland China and Singapore after deals came to a near halt during April, according to data… Read More>>

AXA Tower

Alibaba Takes on Half of S$365M Debt in SG’s AXA Tower Deal and More Asia Real Estate Headlines

2020/05/14 by James Hatton Leave a Comment

A S$1.7 billion ($1.2 billion) Singapore commercial redevelopment leads Mingtiandi’s round up of Asia real estate headlines today as a stock market announcement reveals that China’s biggest e-commerce player has taken over 50 percent of a S$364.7 million debt obligation… Read More>>

jack ma Alibaba

Alibaba Buys 50% of SG’s S$1.7B AXA Tower From Perennial Consortium

2020/05/06 by James Hatton Leave a Comment

Alibaba has agreed to acquire a 50 percent stake in Singapore’s AXA Tower in a deal that values the landmark office property at S$1.68 billion ($1.2 billion) in one of the few major transactions the city has seen this year.

… Read More>>

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MTD TV

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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

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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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