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From left: Chris Pilgrim, Colliers managing director of global capital markets, Asia Pacific; Luke Dawson, Colliers head of global and EMEA capital markets; and Tang Wei Leng, Colliers head of capital markets and investment services, Singapore (Photo: Albert Chua/EdgeProp Singapore)In the Asia Pacific (Apac) region, real estate sector returns continue to be hampered by interest rate pressures on the cost of capital, says Colliers in its Nov 6 report on Apac 3Q2023 capitalisation (cap) rates. Ove

The Aussie arm of Hilton Worldwide has gone to battle with the ATO over allegations that it owes over $80m in taxes, penalties and interest.

Award-winning strategy, branding and interior design firm EDG Design has launched its latest hospitality project for the newly opened Pullman Singapore Orchard. An ambitious undertaking from day one, the entire project from initial concept through construction and opening took less than 18 months end-to-end, which included fully re-zoning the majority of the public spaces left over from the previous Grand Park Orchard hotel.

Investment in Singapore real estate climbed to S$20.2 billion ($14.5 billion) in the first half of 2022, up by 89 percent from 2021.

FEATURE - Marion Hughes: Don’t be afraid to change things 2022-02-18

Some of Australia’s biggest companies boast of combating graft. Then came a Chinese billionaire who testified to paying bribes for Aussie iron ore.

The head of Rizhao Steel earned $US3 billion from a Singapore marketing hub at Rio Tinto’s expense — and spent the profits buying hotels and offices around the world including the Sydney Hilton.