Real estate investment volume in Singapore reaches S$9.17bn in Q1
According to CBRE Research, preliminary real estate investment volume in Singapore for the first half of 2021 came to S$9.17 billion, which is already...
CapitaLand to divest partial stakes in China developments for RMB46.7bn
CapitaLand is divesting partial stakes in six Raffles City developments in China for RMB46.7 billion (about S$9.6 billion).
CapitaLand has signed a conditional agreements with...
CBRE: Areas of opportunities post-pandemic for real estate players
CBRE has released a research report, Singapore Real Estate – A Recovery Playbook, which identifies areas of opportunities post-pandemic for real estate players, offering insights...
Ascott to acquire two properties in Paris and Hanoi for S$210m
Singapore-based CapitaLand’s wholly owned lodging business unit The Ascott Limited (Ascott) has agreed to acquire two properties in Paris, France and Hanoi, Vietnam for...
Suntec REIT sells 30% interest in 9 Penang Road for S$295.5m
Suntec REIT has sold its 30% interest in 9 Penang Road, UBS Singapore business hub, to Haiyi Holdings Pte. Ltd. for S$295.5 million or...
Blackstone makes $3bn offer for Soho China
Private equity firm Blackstone Group has made an offer worth US$3.05 billion (HK$5 per share) to acquire Beijing-based office developer SOHO China.
''The offer price...
Hines to build Melbourne’s tallest timber office building
Hines will start construction on Melbourne’s tallest mass-engineered timber office building in Q3 2021.
Located just 2 kilometers from the CBD, 36 Wellington Street will...
GIC, Phoenix Mills to form JV for retail-led mixed-use assets in India
GIC, Singapore’s sovereign wealth fund, and India's retail led mixed-use developer The Phoenix Mills Ltd (PML) have entered into a strategic partnership to form...
KKR, TIGA Investments to buy The Executive Centre
A consortium led by KKR and Singapore-based company TIGA Investments will acquire The Executive Centre (TEC), a flexible office space provider in the Asia...
Asia Pacific commercial property investment sales rise 12% y-o-y in Q1 2021
The commencement of COVID-19 vaccination programmes and an improving economic outlook contributed to a steady increase in commercial property leasing and capital markets activity...
AXA IM Alts buys two residential towers in Northern Japan for €34m
AXA IM Alts has acquired, on behalf of clients, two residential towers in Sendai City, Northern Japan for ¥4.2bn (€34m).
Totalling 10,000 sqm, the residential...
Macquarie buys equity interest in Sydney office building for $A140m
Macquarie Asset Management said it has acquired a 50.1% equity interest in 60 Carrington Street, a prime office building in Sydney, for $A140 million...
