Month: March 2025

The Asia Pacific (Apac) real estate market continues to defy expectations, with institutional investments totaling US$83.2 billion ($112 billion) in the second half of 2024. This marks a 6% year-on-year increase, according to research by Colliers. With full-year investments reaching US$155.9 billion, a 12% year-on-year rise, the region’s top nine markets – Australia, Mainland China, Hong Kong, India, Japan, Singapore, South Korea, New Zealand and Taiwan – have displayed remarkable resilience amidst global uncertainties.

Choosing the right location is crucial when investing in real estate in Singapore. It greatly impacts the value of a property and should be carefully considered. …

for $700 mil

CapitaLand Investment Limited (CLI) has recently received the prestigious ‘Industry Figure of the Year’ for Asia Pacific at the 2024 PERE Global Awards. The annual event, organized by a London-based publication focusing on private equity real estate markets, recognizes outstanding firms, individuals, and noteworthy deals from the past year. CLI was also honored with the runner-up award for ‘Firm of the Year’ in Asia Pacific.

Investing in a condo is a crucial decision, and financing plays a significant role in it. In Singapore, there are various mortgage choices available, but it is crucial to understand the Total …

Singapore-based private equity real estate firm, SC Capital Partners Group, has recently announced the sale of its student accommodation asset in Sydney, Australia. The asset is located on Anzac Parade and Lorne Avenue in Kensington and has been sold at a significant premium to its initial purchase price, representing a 19% premium to its current book value. The University of New South Wales (UNSW) in Sydney is the buyer of this property.

SC Capital Partners had acquired the property in 2016 for a reported price of A$57 million. The purpose-built student accommodation spans over 85,035 sq ft and features 233 …

City Developments, a company currently embroiled in a legal battle between its executive chairman, Kwek Leng Beng, and his son, group CEO Sherman Kwek, saw its shares drop by 5.47% upon resumption of trading today. The trading in the company’s shares was halted on February 26th, when a results briefing was cancelled and news of the family dispute shocked the Singapore business community.

On March 3rd, CDL issued a statement saying that the company will not comment on the validity of the allegations made in the media, as they are currently the subject of ongoing court proceedings. The company also …

Elite UK REIT, a Real Estate Investment Trust based in UK, recently announced that its trustee, Perpetual (Asia) Limited, has successfully divested Crown Buildings, Caerphilly at Claude Road, Caerphilly for GBP710,000 ($1.2 million), which is an 18% premium over the property’s valuation.

In a filing with the bourse on March 3, the manager of Elite UK REIT stated that the vacant property was independently valued at GBP600,000 at the end of 2024 by CBRE. Located in Wales, Crown Buildings, Caerphilly was valued at GBP530,000 at the end of 2023.

The net proceeds from this divestment will be used to repay …