HK based Shangri-La hikes Sri Lankan investment by 60 % to $800m

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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 »

Visual from Shangri-La website

Singapore eases property rules in diverging path from HK

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Singapore eased rules after more than three years of home price declines


SG Realty: Saizen REIT liquidation; Vibrant Group acquires Jiangsu industrial land

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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.


SG Realty: Centurion launches student housing brand; Sabana Reit manager responds to SGX queries

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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.


India: IDFC Alternatives invests in Sunworld Developers’ Noida project

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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 »


AEW Capital plans $750m third pan-Asia realty fund

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Last year AEW closed its second Asia fund with total commitments of $640m


Singapore-China partnership to boost CDL housing demand

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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.


India: Piramal Realty to invest $270m in new suburban Mumbai project

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The investment includes land cost, project development and execution costs


Ascott REIT launches $313m rights issue to fund Germany & Singapore expansion

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Ascott REIT has launched a rights issue to raise funds for acquisitions of assets in Germany and Singapore.


SG Realty: UOL buys Melbourne hotel; REIT consolidation; Mapletree data centre

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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 »