Singapore-based private equity real estate firm  SilkRoad Property Partners has raised $377million in the first close of its second pan Asia value-add fund. (adsbygoogle = window.adsbygoogle || ).push({}); According to sources familiar with the fundraising, around 80 percent of the capital consists of re-ups from LPs,...
Canada Pension Plan Investment Board (CPPIB) and Vancouver-based QuadReal are partnering with GLP, the Singapore-headquartered logistics and technology company in an EUR 2b logistics fund. The capital raised via GLP Continental Europe Development Partners I (CDP I) will be invested primarily in logistics development. (adsbygoogle =...
Co-working is not just a new, niche sub-sector. Its rise is a reflection of a changing world of employment, writes Christopher O’Dea “The nature of work is changing. Recruitment, retention, innovation, and productivity now require not just coffee, but also yoga, not just printers, but also art installations.”
According to PERE, JPMorgan Asset Management will be welcoming foreign investors for the first time in its flagship real estate fund, the JP Morgan Strategic Property Fund (SPF). SPF currently has a net asset value of approximately $33b and gross asset value of approximately $43b. (adsbygoogle...
In a report by CBRE on third quarter 2018 hotel activity, investment transaction volume was observed to decline as activity was constrained by lack of stock for sale. (adsbygoogle = window.adsbygoogle || ).push({}); In summary Korea investment activity recovered as several mid-range hotels change hands amid...
Minbu Villa, a freehold 36-yr-old 34-unit high-end condominium along Minbu Road (Novena area), has re-launched its en-bloc bid at S$146m or S$1,355 psf (no development charge is required due to high development baseline) on GFA of 107,593 sqf, which translates to average selling price of S$2,100-2,200 psf to achieve...
Corporate users driving growth as big firms experiment with more flexible work arrangements. The supply of coworking space provided by international and regional operators in Bangkok has been expanding rapidly. So far this year, five operators have opened new facilities at 10 locations across the city, totalling more than 23,000...
Australia is a big country and one of mixed economies. All you need to do is take a look at office vacancy rates to see which states are performing better than others. In Melbourne and Sydney it is increasingly difficult to find a new office, while building owners in Brisbane...
In this post, we show you some photos of the showflat of Parc Esta, a new condo that is coming up along Sims Ave and Changi Rd. There's information on indicative pricing too, which should help you make a more informed decision should you be considering this development for your...
Long term interest rates are a key driver of property prices, and a recent report by CBRE in Sept 2018 show a close relationship between real interest rates and property yields. In the report, the authors claim that concerns about rising real and nominal long-term interest rates are overblown.
The long awaited Woodleigh Residences by SPH and Kajima finally opened its doors for preview over the weekend. There was a steady stream of visitors to the showflat while we were there. Although there was no queue at the show units, it wasn’t easy trying to get an ‘unblocked’ picture (because...
In the 2018 institutional real estate allocations monitor by Hodes Weill Associates, target allocations to real estate in institutional portfolios continue climbing in 2018. Rising from 8.9% of a weighted allocation in investors' portfolio, the 2018 figure is now 10.4%, suggesting an increasing attractiveness of the real estate asset class...
In this blog series, we invite real estate industry professionals to share their personal experiences. Names and identifying details have been changed to protect the privacy of individuals. In December 2017, I received an enquiry from a client by the name of Claire. She and her husband had just met their...
As of October 2018, there have been 4 executive condo (EC) plots which have been announced on government land sales (GLS) tender. 3 of them have already been sold, while Tampines Ave 10 plot will close their tender in November 2018. Launching in 2019: Sumang Walk EC Project name New EC at...
Background The top bid of S$509.37 million for the Sumang Walk EC site was won by City Development (CDL) and TID Residential. This works out to a record S$583 per square foot per plot ratio, which translates to a selling price of above S$1,000 per square foot. Launching in 2019, it...
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