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Mingtiandi Username OUE Bayfront on Collyer Quay Allianz Real Estate has moved forward with a deal to acquire a half-stake in one of Singapore’s flagship office properties in a bet on the long-term health of the city’s core office market. The property investment arm of the European insurance giant announced today that it has reached an agreement to purchase 50 percent of the equity in OUE Bayfront on behalf of a fund invested by Allianz Group and Korea’s National Pension Service at a price of S$634 million ($477 million). “Over the medium to long term, the investment prospects of Sing...

Mingtiandi Username Corinthian House at 279 Tottenham Court Road in the British capital The UK narrowly avoided crashing out of the EU without a trade deal last week, but London may still seem like a haven of stability to investors from places facing their own economic challenges, as Hong Kong developer K&K adds a pair of West End office buildings to its portfolio. The private company founded by Bossini heir Raymond Law Ka-kui together with his son Kino Law has acquired Endeavour House on Shaftesbury Avenue and Corinthian House at 279 Tottenham Court Road in the British capital for a total of...