By Ranga Sirilal
Hong Kong-based Shangri-La Asia has increased its investment in Sri Lankan properties by 60 percent to $800 million, in order to meet demand for larger-than-planned apartments in Colombo, an official said on Monday. The international hotel brand had originally planned to invest $500 million in a 541-room hotel and 390… Read more »
Singapore eased rules after more than three years of home price declines
Saizen REIT faces liquidation following the abortion of an RTO deal, Vibrant Group has acquired Jiangsu industrial land and Singapore is reducing stamp duties for property.
Centurion Corp unveils a new brand for its student accommodation business in the UK, the manager of Sabana Reit addresses queries from the SGX and Bukit Sembawang Estates continues to flourish as a potential takeover target.
IDFC Alternatives Ltd, the real estate investment arm of IDFC Ltd, has invested Rs105 crore in Sunworld Developers Pvt. Ltd’s residential project in Noida, on the outskirts of Delhi, in a structured debt transaction. The investment has been made from the new IDFC SCORE Fund, a Rs760 crore structured credit… Read more »
Last year AEW closed its second Asia fund with total commitments of $640m
City Developments Limited said the continued collaborative efforts between Singapore and Chongqing City will allow the group to dominate the Chongqing property market despite other Chinese cities implementing property cooling measures.
The investment includes land cost, project development and execution costs
Ascott REIT has launched a rights issue to raise funds for acquisitions of assets in Germany and Singapore.
UOL Group is acquiring a Melbourne hotel for A$230 million while ESR’s acquisition of a stake in Sabana REIT is a precursor to consolidation wave in Singapore. Also, Mapletree is developing an S$60 million data centre in Singapore’s west. UOL acquiring Melbourne hotel for A$230m Property group UOL is acquiring… Read more »