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CapitaLand in joint venture to buy Shanghai office building as seed asset for new fundCAPITALAND has entered a 50:50 joint venture to acquire a prime office building in Shanghai, as a seed asset for a value-add fund which CapitaLand is setting up 'to invest in commercial real estate in key gateway cities in Asia', it announced on Monday morning. The acquisition will immediately contribute to the group's recurring income. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Chew's Group to diversify into property and financial investmentsEGG company Chew's Group will be a Singapore egg business no more. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
CapitaLand becomes Asia's largest diversified real estate groupCapitaLand is acquiring Temasek subsidiary Ascendas-Singbridge (ASB) in a deal valued at $11 billion, including debt, to create Asia's largest diversified real estate group. After the transaction, the group's combined total assets under management (AUM) will exceed $116...
Source: thenewpaper - 🏆 7. / 63 Read more »