31 Dec '13, 5am

#GlobalHotelBubble #GlobalREBubble #BlackRock #Singapore 'Singapore's Westin hotel sold for US$369m' @SGPropertyGuru

The Westin hotel in Singapore’s new central business district has been sold by BlackRock’s Asia Property Fund III to Tokyo-based Daisho Group for a stunning US$369 million, media reports said. The deal takes place just one month after the 305-room hotel opened at Asia Square Tower 2 . However, the other details remain unknown. “This transaction is in line with the planned exit strategies of BlackRock Asia Property Fund III,” the New York-based asset manager said. The fund used to be part of MGPA, a property investment advisory that was acquired by BlackRock earlier this year as part of its Europe and Asia Pacific expansion. With about US$12 billion worth of assets under management, MGPA focuses on co-investments, overseeing property funds and separate-account mandates for institutional investors, revealed BlackRock in May. Meanwhile, Daisho Group is a Japanese property dev...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

Tweets

Tough times for Singapore's property agents

propertyguru.com.sg 01 Jan '14, 9am

The slew of property cooling measures introduced by the government has made life very difficult for real estate agents, a ...

More 2-rooms, but fewer larger flats in 2014 - ...

propertyguru.com.sg 31 Dec '13, 8am

In order to meet the high demand from singles, the housing board on Monday announced that it will ramp up the supply of tw...

Tough times for Singapore's property agents - P...

propertyguru.com.sg 30 Dec '13, 6pm

The slew of property cooling measures introduced by the government has made life very difficult for real estate agents, a ...

#GlobalREBubble #Singapore 'Resale Private Home...

propertyguru.com.sg 31 Dec '13, 5am

Led by private homes in the central region, resale prices increased by 0.1 percent last month compared to the revised 0.8 ...

Tough times for Singapore's property agents - P...

propertyguru.com.sg 30 Dec '13, 8am

The slew of property cooling measures introduced by the government has made life very difficult for real estate agents, a ...

Tough times for Singapore's property agents - P...

propertyguru.com.sg 30 Dec '13, 4am

The slew of property cooling measures introduced by the government has made life very difficult for real estate agents, a ...

#LMAO #GlobalREBubble #CURBS #Singapore 'Tough ...

propertyguru.com.sg 30 Dec '13, 7am

The slew of property cooling measures introduced by the government has made life very difficult for real estate agents, a ...

New: Singapore Property News This Week #136

propwise.sg 01 Jan '14, 2pm

The Ministry of National Development will cut state land sales for private housing development on both confirmed and reser...

#domaining sold for $250

cax.com 02 Jan '14, 1am

This domain sold the 12/31/2013 for $250

#GlobalREBubble #Singapore 'Global property mar...

propertyguru.com.sg 30 Dec '13, 7am

The global property investment market is gaining momentum, with volumes expected to rise 10 to 15 percent in 2014 and back...

#GlobalREBubble #Singapore 'More 2-Rooms, But F...

propertyguru.com.sg 31 Dec '13, 5am

In order to meet the high demand from singles, the housing board on Monday announced that it will ramp up the supply of tw...

Property auction sales values fell in 2013 - Pr...

propertyguru.com.sg 27 Dec '13, 3am

Dec 19, 2013 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share The Singapore property auction market sold 19...

Singapore's Long House Food Centre sold for S$4...

propertyguru.com.sg 08 Jan '14, 1am

Comment E-mail to friend Bookmark & Share Knight Frank Singapore has reported the sale of Long House Food Centre at Upper ...

Long House sold for $45 million - Property Auct...

propertyguru.com.sg 08 Jan '14, 9am

Jan 8, 2014 - PropertyGuru.com.sg Comment E-mail to friend Bookmark & Share Knight Frank Singapore has reported the sale o...