Frasers Centrepoint settles Allco REIT buy

FRASERS Centrepoint has completed the purchase of a 17.61% stake in the Singapore Stock Exchange listed Allco Commercial Real Estate Investment Trust and 100% of the REIT manager Allco (Singapore)...

Allco kicks Singapore habit for $138m

BEVERAGES conglomerate and Heineken brewer Fraser and Neave has bought out Allco Finance Group’s Singapore real estate business for $S180 million ($A138 million).

ARA Asia fund raises $US1.13bn

INVESTMENT capital is flooding into Asia despite the global credit crunch, ARA Asset Management has closed its third and final flagship ARA Asia Dragon Fund raising $US1.13 billion.

Money not a problem for MGPA

CASHED up investors are still willing to invest, giving $US5.2 billion to Macquarie Global Property Advisors’ MGPA Fund III.

Asia feasts on global credit crunch

INVESTING in Asia has done a 360, once a no-go zone because of 1997 financial crisis – today the region is recording strong inflows of capital as Europe and United States feel the bite from the...

E.VO drives green projects in Vietnam

AUSTRALIAN based investment manager E.VO Global Asset Management Limited has signed a significant structured property fund with leading Vietnam based business conglomerate and developer VN234.

Knight Frank opens Cambodian office

KNIGHT Frank has opened a new office in Cambodia.

Somerset wins sustainability award

LEND Lease’s Somerset project in Singapore has been awarded the highest sustainability recognition in the country.