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Lendlease's placemaking leadership seeks to elevate Malaysia's real estate profile

The globally integrated real estate group is setting a new standard for urban rejuvenation in the country. ....

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INSEE Sanstha wins big again - Adaderana Biz English | Sri Lanka Business News

Having grown into a household name, INSEE Sanstha Cement, has once again been ranked amongst Sri Lanka’s 100 Most Loved Brands by LMD’s Brands Annual ranking – one of the most comprehensive and popular annual analyses of brands in the country, compiled by Brands Finance (UK). The 100 Most Loved Brands ranking is the result. ....

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NPS, Allianz to acquire Singapore property stake for S$634 million

OUE Bayfront complex offers 400,000 square feet of net lettable area
19 Jan 2021 |
The Asset
Allianz Real Estate, on behalf of the National Pension Service of Korea (NPS) and Allianz group companies (Allianz), has agreed to acquire a 50% stake in OUE Bayfront in Singapore for S$634 million (US$477 million). The deal with the manager of OUE Commercial REIT is expected to close at the end of February.
The agreed value translates to a passing yield of 3.6%. The seller will guarantee, subject to an aggregate cap of S$6 million, the net property income for the first year and second year following the completion of the deal. ....

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