Tag: Singapore
Frasers Property bags S$356m stake in Singapore mall fund
Frasers Property has bought a 17.8% stake in Singapore’s largest non-listed retail mall fund from investment manager PGIM for S$356.4m (US$263.5m).
The buyer purchased 94,013...
CapitaLand to buy Ascendas-Singbridge in S$11bn deal
Singapore-listed CapitaLand has agreed to buy Ascendas-Singbridge from Singaporean sovereign wealth fund Temasek in an S$11bn deal to create Asia’s largest diversified real estate...
Allianz RE nabs stake in Singapore’s Ocean Financial Centre for S$537.3m
Allianz Real Estate, the property arm of the German insurer, has agreed to buy a 20% interest in the Ocean Financial Centre office building...
Worldwide Hotels snaps up Singaporean asset for S$276.2m
City View Holdings, a subsidiary of hotel chain Worldwide Hotels, has snapped up a prime commercial property in Singapore for S$276.2m (US$201.9m), with preliminary...