Latest Breaking News On - Sime darby business centre - Page 1 : comparemela.com

Mingtiandi Username Blackstone is notching a 34% markup on the Admirax after two years Singapore real estate assets continue to be in style with the world’s biggest investors with Mingtiandi able to confirm that BlackRock is on the verge of selling an industrial asset in the city-state to Boston-based fund manager AEW. BlackRock is set to dispose of Admirax, a seven-storey light industrial building for S$142 million ($107.3 million) less than two years after buying the property in northern Singapore’s Woodlands district, according to sources who spoke with Mingtiandi. The deal between the pair of US fund management heavyweights is set to be signed just one month after a fund backed by Allianz Insurance agreed to spend $477 million to buy a half-stake in a prime Singapore office asset with many global investors having targetted the Lion City as Asia’s top destination for acquisitions this year.

United statesJason leeDisney lucasfilmAsia pacificExchange commissionSime darby business centreSingapore urban redevelopment authorityAtlas copcoSustainability forumLand instituteAllianz insuranceLion cityMark up after twoUrban redevelopment authorityChevron houseUnited states securities