Gas leak at Ascendas H-Trust's Sydney hotel; about 30 guests, employees receive medical attention



ASCENDAS Hospitality Trust's Pullman Sydney Hyde Park hotel experienced a gas leak that led about 30 guests and employees to receive medical attention, the managers of the stapled real estate and business trust said during the midday trading break.



READ MORE


Ho Bee names new deputy CEO, COO with succession in mind



HO Bee Land has promoted group director of business development Nicholas Chua to the role of deputy chief executive and appointed executive director Ong Chong Hua to the additional role of chief operating officer.



READ MORE


Freehold Yuen Sing Mansion in Geylang up for collective sale



YUEN Sing Mansion, a freehold collective sale site at Nos 6A – 10c Geyland Lorong 13, has been launched for sale by tender by marketing agent JLL.



READ MORE


Mayo Clinic, Pontiac Land tie up to expand Rochester campus



MAYO Clinic and real estate developer Pontiac Land Group are collaborating in an expansion of Mayo's Rochester campus which will deliver additional clinical space and a hotel.



READ MORE


OUE group to buy Bowsprit and stake in First Reit for S$202m



THE OUE group is one step closer to realising its ambition of creating an asset management platform for several Reits (real estate investment trusts), under a proposed reconfiguration of the Riady family's healthcare companies in deals worth S$202 million.



READ MORE


CapitaLand expands into multifamily homes with US$835m buy



CAPITALAND is adding multifamily apartments as a new asset class to its portfolio with its maiden acquisition of 16 properties in the United States for US$835 million.



READ MORE


Pontiac Land, Mayo Clinic to partner on expansion of Mayo's Rochester campus



MAYO Clinic and real estate developer Pontiac Land Group are collaborating to expand Mayo’s Rochester campus to meet the growing demand for additional clinical space.



READ MORE


Frasers Property raises S$1.2b syndicated green loan



FRASERS Property has raised S$1.2 billion in a syndicated secured green loan, with the net proceeds to be used to refinance existing loans related to the development of Frasers Tower.



READ MORE


CapitaLand buys 16 multifamily properties in US for US$835m



CAPITALAND has acquired 16 multifamily properties in the US for US$835 million (S$1.14 billion), the real estate developer announced on Tuesday morning.



READ MORE


Grange Heights, Cairnhill Astoria have another go at en bloc sale



TWO prime freehold residential sites in District 9 near Orchard Road will be offered again for collective sale on Sept 18, according to real estate service provider Colliers International.



READ MORE


Laguna Park up for sale with S$1.48b reserve price



PRIVATE residential estate Laguna Park in the East Coast area has been put up for sale at a reserve price of nearly S$1.5 billion.



READ MORE


CapitaLand invests US$25.9m in Indonesian hotel operator



CAPITALAND has invested US$25.9 million for a 70 per cent share in Indonesian company Green Oak Hotel Management (GOHM), the real estate developer announced on Monday.



READ MORE


Centurion to buy 133-bed UK student housing asset for £10.2m



DORMITORY developer Centurion Corp has agreed to buy a 133-bed student housing asset in the British city of Nottingham for £10.2 million (S$18.25 million).



READ MORE


Is Ascott trust mulling sale of Ascott Raffles Place?



WORD on the street is that an expression of interest (EOI) exercise closed recently for Ascott Raffles Place, a 20-storey conserved building with 146 serviced apartments.



READ MORE


2018 new home sales forecast to wilt by a quarter



THIS year's new home sales could be as much as 25 per cent lower than last year's levels, market watchers said, after government data revealed subdued home-buying activity in August as a result of the cooling measures and also the Hungry Ghost Festival.



READ MORE