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

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

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

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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

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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

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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

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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

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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

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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

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


Exclusive: SC Capital pushes back final close of $1b fifth fund to Q2 this year

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The fund was launched in August 2017 and was expected to wrap up fundraising by the end of 2018. 


ESR, AXA IM Real Assets and SWF major set up core JV for logistics play in Japan

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The core JV has started by acquiring six newly completed prime assets for about $1 billion.