Friday, January 28, 2022
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Hines, DWS JV buys industrial asset in Singapore

A joint venture between Hines and global real estate investment manager DWS has acquired Bukit Batok Connection, a 378,000-square foot industrial asset in Singapore. The...

CapitaLand Development, Ascendas Reit form JV for 1 Science Park Drive

CapitaLand Group's development arm CapitaLand Development (CLD) and Ascendas Reit have formed a joint venture to invest S$883 million to redevelop 1 Science Park...

ESR-Reit proposes merger with ARA Logos

ESR Cayman Limited Friday announced ESR-Reit’s proposed merger with ARA Logos Logistics Trust. According to a press release by ESR, ARA Logos Logistics Trust(ALOG) will become...

Keppel REIT Management appoints new CEO

Keppel REIT Management Limited, as manager of Keppel REIT, has appointed Koh Wee Lih as the new chief executive officer (CEO) of the manager with effect...

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...

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...

Blackstone acquires Grade-A business park in Singapore

Blackstone Real Estate managed funds have agreed to acquire The Sandcrawler, a Grade-A business park in Singapore for S$176 million from Lucas Real Estate....

Ascott Residence enters student accommodation market with first buy in US

Singapore-listed hospitality trust Ascott Residence Trust (ART) is entering the student accommodation asset market with its first acquisition in the U.S for US$95 million...

NPS, Allianz acquire 50% stake in OUE Bayfront in Singapore

Allianz Real Estate, on behalf of National Pension Service of Korea (NPS) and Allianz group companies (Allianz), via its AREAP Core I fund has...

Frasers Centrepoint Trust to divest shopping centre for S$110m

Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), announced that its trustee has entered into sale and purchase agreements with unrelated...

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