The rush by Singapore firms, to venture into realty deals abroad, shows no signs of abating. The latest to join the list include, Singapore and Australia-listed property developer AVJennings Limited that has established a JV in Australia, Keong Hong Holdings that is foraying into building and developing hotels in Maldives, and Fragrance Group Limited, that has acquired a property in Tasmania for AUD5.4 million.
AVJennings in JV with superannuation fund to develop land in Australia’s Victoria
Singapore and Australia-listed property developer AVJennings Limited ,Tuesday said, it had entered into joint venture with AustralianSuper, the biggest superannuation fund in Australia, to develop three land parcels at Wollert, Victoria.
