EAGLE Hospitality Trust (EHT)’s initial public offering (IPO) saw less than half of its stapled securities subscribed under the public offer, resulting in the joint bookrunners and underwriters having to take up the bulk of the allotment of unsubscribed stapled securities.
CAPITALAND will divest from two Shanghai properties, Innov Center and Pufa Tower and inject both in its maiden discretionary real estate equity fund, CapitaLand Asia Partners I (CAP I), as seed assets.
YOU might think the trophy real-estate assets of distressed Chinese conglomerates would go at fire-sale prices. The latest deals show that's not the case.
PROPERTY development firm Midas Land, founded by industry veterans Dawn Lim and Mike Ho, today unveiled its maiden residential development Jervois Privé at Tanglin.
SINGAPORE-BASED architectural firm WOW Architects will spearhead the design of Mandai Park Holdings' (MPH) much feted eco-resort, which will open its doors in 2023.
CUSHMAN & Wakefield’s UK residential team has appointed John Koh as its head of international project marketing based in Singapore, the real estate services firm said in a press statement on Thursday.
MAINBOARD-LISTED First Sponsor Group’s indirect wholly-owned subsidiary, Chengdu Gaeronic Real Estate (CGRE), has extended the payment deadline, allowed payment in instalments, and further amended other payment terms for its proposed sale of certain parts of Chengdu Cityspring.
RICH Capital has received a second letter from a joint-venture partner of Oxley Batam, its 80 per cent-owned indirect subsidiary, requesting the Batam development project’s main contractor to confirm that it will provide a performance bond by June 1.
ESR Cayman, through its subsidiaries, is raising its stake in the vehicle which owns the manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit), and buying units in the Reit - in a deal worth S$62.2 million in net proceeds for Vibrant Group.
THE top five Singapore real estate fund managers recorded US$141.4 billion in assets under management (AUM) dedicated for Asia-Pacific (APAC) strategies in 2018, 12.22 per cent higher than the US$126 billion recorded in 2017.
Share of Asia-Pacific real estate AUM up in 2018; CapitaLand top in region with US$55.9b in AUM: poll
ASIA-PACIFIC (APAC) recorded US$588.8 billion in total real estate assets under management (AUM) in 2018, representing 18.4 per cent of US$3.2 trillion in total global real estate AUM, up from 16.9 per cent in 2017.
ST Telemedia Global Data Centres (STT GDC) and Frasers Property (Thailand) Public Company (FPT) are investing seven billion baht (S$302 million) to build a data centre development in Bangkok.
SPACES, owned by flexible workspace provider IWG, has opened two new locations in Singapore, at TripleOne Somerset and Clarke Quay. This brings the number of locations that it has to four, with plans to open an additional two more by year-end.
SINGAPORE escaped the downtrend that caught every other major national Asia-Pacific (Apac) real estate market in the first quarter of this year, with commercial real estate investment jumping 72 per cent year-on-year to US$1.9 billion, data released by Real Capital Analytics (RCA) on Tuesday showed.
OXLEY Holdings will complete asset enhancement initiative (AEI) works on Chevron House and expects to achieve final completion of the sale of the 32-storey Raffles Place commercial building no later than the first quarter of 2020.