CapitaLand, Ascendas-Singbridge ink $8b deal to create Asia’s largest real estate group


Post transaction, the combined total assets under management (AUM) of the group will exceed S$116 billion.

Singapore’s Centurion to raise $22m more for global student accommodation fund

The Centurion Student Accommodation Fund is the company’s second such vehicle, which targets purpose-built student accommodation investments across the world, excluding the US.

SGX to attract niche listings from REITs, healthcare, F&B sectors in 2019: PwC report

In 2018, REITs and BTs led the IPO pack on the Singapore exchange accounting for 57.7 per cent in value of all offerings.

People Digest: HSBC Singapore adds three to team; HP Wealth hires UBS staff

HP Wealth Management plans to expand its private market capabilities.

OUE Lippo Healthcare acquires stakes in two Myanmar firms for $19.5m

OUELH will acquire a 40% stake in Yoma Siloam Hospital Pun Hlaing, which operates three hospitals, one medical centre and two clinics, and a 35% stake in Pun Hlaing International Hospital.

KKR hires former Macquarie exec to build APAC infra business

David Luboff will lead the pan-Asia operations of KKR’s global infrastructure business. 

Exclusive: Singapore startup Pixibo raises follow-on funding from Indonesian investors

Pixibo is driven by an AI technology it calls Pi, which helps customers find and predict the most suited and most-liked items of clothing.

Asia Digest: Neuron Mobility forays into Malaysia; Trax partners with Google Cloud

With the launch of its services in Cyberjaya, Neuron now offers its services in four cities, including Singapore, Bangkok and Chiang Mai.

Blockchain Digest: Thailand approves four crypto exchanges; TenX president Hosp steps down

Thailand has issued its first licenses to four cryptocurrency exchanges, Bx, Bitkub, Coins and Satang Pro, granting them permission to operate in the country.

Ascott REIT divests Raffles Place Singapore asset for $260m

The sale is in line with Ascott REIT’s strategy to regularly evaluate and rejuvenate its portfolio.