M&G Real Estate invests $295m in Surbana Jurong’s new global HQ

By
Posted

The transaction is part of M&G Real Estate’s Asian property strategy and marks its first business park office investment in Singapore.

Warburg-backed ESR REIT says 2019 will be a balanced year for acquisitions

By

The REIT, which currently holds assets worth over $2.2 billion mostly in Singapore, has said it is not in a rush to go overseas.


Singapore hotel site attracts bullish bids, Oxley arm offers highest at $415m

By

Midtown Development Pte, a subsidiary of listed group Oxley Holdings Ltd., bid $415 million for the site, the highest among eight offers received.


Decoding CapitaLand’s $8b purchase of Ascendas-Singbridge

By

We take a look at the overall value proposition of the deal and how it aligns with Singapore’s vision of emerging as a global fund management hub.


Singapore players ramp up investments, diversify India real estate portfolio

By

Singapore’s GIC, Temasek Holdings, Mapletree Investment and CapitaLand have invested across asset classes.


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

By

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


Ascott REIT divests Raffles Place Singapore asset for $260m

By

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


China’s HNA Group sells Manhattan Building to reduce debt burden

By

Bisnow reported earlier that real estate developer Jacob Chetrit and his sons bought the tower in a $422-million deal that resulted in a loss for HNA.


WeWork may acquire controlling stake in India unit for up to $1b

By

WeWork India is currently managed by Indian real estate developer Jitu Virwani of Embassy Group through a licensing deal.


AsiaDomes raises $258k via Sinwattana ECF platform to set up glamping resort in Thailand

By

AsiaDomes will use the funding to develop its first glamping resort in Krabi province in the south of Thailand.