Mapltree Investments, together with the investment company PAG has entered into an agreement to establish a 50:50 joint venture purchase Goldin Financial Global Centre (GFGC) from receivers for HK$5.6 billion or 713 million dollars ($948 millions). Grand Dunman launch price equivalent to $1,350 per square feet per plot ratio (psf ppr). The 28-storey office building […]
PGIM Real Estate, which is the property financing and investment business of the global investment manager PGIM is pleased to announce its appointment to Eileen Yong as executive director and deputy portfolio manager for the Asia central strategy. Yong will be located in Singapore. Grand Dunman showflat appointment for once-in-a-lifetime opportunity for homeowners and investors […]
Manhattan House, an industrial site located along Chin Swee Road, next to Pearl’s Hill City Park, is now available to tender. According to a January 10 press release issued by the marketing agent JLL the group sale site has a reserve value that is $280 million. Manhattan House’s owners Manhattan House had previously made an […]
Real estate services company APAC Realty, the operator of the ERA brand, has increased the stake it holds within ERA Vietnam to 60% from a 38% stake it acquired in February 2020. The Singapore Exchange (SGX) Mainboard-listed company also announced on January 9 that it will acquire 22% of the shares issued capital Eurocapital Joint […]
Deals for investment in industrial real estate declined in the 4Q2022 period which was accompanied by a bleaker economic outlook as well as weaker business confidence, according to Knight Frank’s report for 4Q2022 on industry and logistic research study. In total, $715.1 millions in sales from industrial companies were recorded during the 4Q2022 quarter. Based […]
Read more: Luxury condo average prices will drop 7% year over year in 2022 There is a good chance that Singapore property market is expected to remain a bright spot across the globe despite growing macroeconomic headwinds as per Savills Research. As the rising rate of inflation and concerns about recession have cast shadows over […]
For 2022 there were an edgier selection of penthouses for sale than 2021 due to the absence of brand new luxury projects launching. 7 of the 10 top luxury condo deals based on the psf value in 2022 were located at Les Maisons Nassim. The three lowest-ranked units were on the 22nd floor located at […]
Read more: A total of 405.68 million shares had been duly accepted in Tang’s offer to buy Chip Eng Seng CapitaLand Investment’s (CLI) wholly-owned subsidiary Ascendas India Development VII and its joint venture partner Maharashtra Industrial Development Corporation (MIDC) have signed different agreements CapitaLand India Trust (CLINT) in which Ascendas India Development VII and MIDC […]
Read more: In Japan, Mitsubishi Estate acquires the IWG master franchise The overall strong performance of the market for retail real estate in 2022 was due to the confidence of retail stores that their local market will be able to be able to sustain a growth after suffering the most severe covid-19 virus. As per […]
Read related article: Jurong Lake Gardens to be sold to a master developer The purchase of a 6,415 square foot penthouse in Regency Park, located on Nathan Road in prime District 10 it was the highest-profit transaction of the year according to caveats filed from Jan 1 to December 6. The property was sold at […]