Hock Meng Tay
Stories by Hock Meng Tay
India dethrones China to emerge as Asia’s fintech funding hub in Q1
India recorded VC-backed fintech deals worth $286 million in the first quarter, versus China's tally of $192.1 million.
SG Digest: Manulife US REIT raises $94m; CDL picks stake in IREIT Global
Manulife US REIT has raised $94 million in a private placement while City Developments has acquired stakes worth $57 million in IREIT Global Group.
Singapore’s Oxley Holdings sells CBD office building for $750m
Oxley, which bought the building in December 2017 for S$660 million, had been seeking buyers for the property as part of its ongoing deleveraging effo
Keppel Capital fund scoops up Seoul office portfolio for $370m
The $1.1-billion fund targets to invest in multi-asset classes across key gateway cities in Asia-Pacific.
Eagle Hospitality Trust sets sights on SGX Mainboard listing
This comes barely two days after the $720-million unit offering by US-focused hospitality trust ARA Hospitality Trust (ARA H-Trust).
Singapore’s Suntec REIT raises $147m via private placement
The REIT intends to deploy nearly 84 per cent (S$167.5 million) of the proceeds to finance acquisition of properties.
SG Digest: OUE sells Nuvest stake for $1m; PTE ups stake in Thakral Corp
OUE Ltd has sold its 33% stake in GIC-backed fund management company Nuvest Capital to the latter's founder Aje Saigal for $1 million.
ComfortDelGro acquires Aussie bus operator, appoints new country head
ComfortDelGro is acquiring Australian bus service operator B&E Blanch Pty Ltd for A$28.3 million ($20.14 million).
Singapore’s Keppel REIT buys Seoul office asset for $220m
Keppel REIT entered into an agreement with PGIM Real Estate to purchase the Seoul office tower.
Frasers Property JV divesting Australian retail assets
The three assets - Central Park Mall, DUO Retail and Park Lane Retail - are expected to fetch in excess of $121 million.
