Singapore investors attracted to UK student housing
FAR East Orchard has established its first private fund in Singapore – FE UK Student Accommodation Development Fund, to invest in purpose-built student accommodation (PBSA) in the United Kingdom. The…
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Farrer Park offers triple treat
THREE adjoining corner freehold shophouses within Singapore’s Farrer Park district is for sale and expected to fetch around SGD$ 19 million. The conserved shophouses located at 3 Roberts Lane have…
Strata office at Clarke Quay Central up for grabs
FOUR office units within the Clarke Quay Central commercial building in Singapore are up for sale with a guide price of $3,500 psf. Located on level 20 will be sold…
Sold out in 2 days, buyers rush to Davao apartments
PHILIPPINES property developer Cebu Landmasters will soon expand to Luzon after selling out its second horizontal project in Davao in just two days. CLI’s sold out Velmiro Heights Davao project…
Ichigo bolster portfolio with acquisition of Tosho Tokai REIT
JAPANESE sustainable infrastructure company Ichigo has taken over Tosho Tokai REIT and its asset management arm for JPY 10.10 billion. Tosho Tokai REIT owns 24 high-quality residential assets in Aichi…
FPG achieves JPY 200bn in sales
REAL estate fractional ownership investment company Financial Partners Group Co’s Domestic Real Estate Fund Business has exceeded JPY 200 billion sales. The Domestic Real Estate Fund Business allows investors to…
Asia Pacific Power shortages impact data centres, CBRE
POWER shortages across the Asia Pacific is driving rent increases in the emerging data centre market, according to a report by leading agent CBRE. CBRE says in recent years, the…
Wing Tai wins River Valley with SGD $464m bid
REAL estate developer and lifestyle retailer Wing Tai Holdings has been awarded a 99-year leasehold prime residential site in River Valley by the Singapore government’s planning body, the Urban Redevelopment…
New stores surge as Filipinos enjoy retail therapy
FILIPINOS love for shopping is driving retail property the Philippines, with demand for more stores and expansions of existing malls. Latest data shows the Philippine economy expanded by 5.7% in…
Philippines govt relocates NBI to Pasay City
THE Philippines’ National Bureau of Investigation (NBI) has decided to move its main office to Pasay City following a rigorous bidding process. The NBI will occupy nine floors with a…
Hongkong Land shows confidence in luxury retail
PROPERTY developer and investment company Hongkong Land and luxury retail brands Cartier, CHANEL, Dior, Hermès, Louis Vuitton, Prada, Saint Laurent, Sotheby's, Tiffany & Co., and Van Cleef & Arpels will…
HKMU buys hotel to meet with student demand
IN a bid to meet growing demands from students, the Hong Kong Metropolitan University (HKMU) has bought a brand-new hotel in Hung Hom which it intends to repurpose for student…
Hines drive growth in Singapore logistics
HOUSTON-based global investment firm Hines has joined forces with Japanese institutional partners for the first time to further drive its growth in Singapore’s logistics market. Hines has partnered with Mitsubishi…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Penang, Malaysia Singapore’s UMS Holdings has acquired a 5.38 acres leasehold industrial land in…
Johor vies for greater slice of data centre pie
MALAYSIAN developer UEM Sunrise Berhad has joined forces with LOGOS to developing a data centre campus in Johor Bahru, as Malaysia seeks to capitalise on the increasing demand for digital…
Mindspace Business Parks REIT secures green financing
INDIA’S green revolution continues with commercial real estate investment trust Mindspace Business Parks REIT securing INR 6.5 billion in its latest round of funding. The transaction also attracted a new…
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