SUBSCRIBERS
Far East, Sino Land scoop up Westin Sydney for A$445.3m from GIC
Purchase takes Far East's acquisitions in Australia, including JVs, since 2013 to A$1.78b
Published Tue, May 26, 2015 · 09:50 PM
Singapore
SINGAPORE'S Far East Organization has teamed up with its Hong Kong-listed sister company Sino Land for a A$445.33 million (S$467.72 million) acquisition of The Westin Sydney.
The two companies are taking equal stakes in the acquisition.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
London's Canary Wharf sees £1.2b slashed from property values
Commercial real estate debt is back with 170% jump in sales
Chinese city of Chengdu relaxes home-buying rule to revive sales
Vanke slams Moody’s downgrade, citing shareholder support
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters