Hotel Properties Ltd Archives - Mingtiandi

Mall Rents in Singapore’s Orchard Area Up 1.3% in Q3 as Visitors Return

Beatrice Laforga — Mon, 20 Nov 2023 14:36:02 +0000

Mall rents in Singapore’s famed Orchard Road shopping area inched up by 1.3 percent in the third quarter from the preceding three months on the back of a rebound in travel and the ongoing rejuvenation in the area.

Average passing... Read More>>

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GIC Reportedly Shopping $2B Tokyo Office Tower and More Asia Real Estate Headlines

Christopher Caillavet — Wed, 06 Sep 2023 13:21:36 +0000

In today’s roundup of regional news headlines, Singapore’s GIC is said to be seeking a buyer for a Tokyo skyscraper, and a Korean REIT closes in on the acquisition of HSBC’s Seoul headquarters. Also making the list, Korea’s Mirae Asset... Read More>>

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Ong Beng Seng’s HPL Gets Provisional Nod for Orchard Road Redevelopment in Singapore

Christopher Caillavet — Mon, 28 Aug 2023 14:25:59 +0000

Hotel Properties Ltd, the builder controlled by billionaire Ong Beng Seng, has secured provisional permission from Singapore’s Urban Redevelopment Authority to transform a set of Orchard Road buildings into a mixed-use project with hotel, retail, office and residential components.

The... Read More>>

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Hotel Tycoon Ong Beng Seng Arrested in Singapore Transport Minister Graft Probe

Beatrice Laforga — Fri, 14 Jul 2023 20:28:09 +0000

Ong Beng Seng, co-founder and controlling shareholder of SGX-listed Hotel Properties Ltd (HPL), has been arrested and was requested by Singapore’s anti-graft agency to provide details regarding his interactions with Transport Minister S. Iswaran, who has been put on leave... Read More>>

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Asia Real Estate People in the News 2023-06-19

Michael Cole — Mon, 19 Jun 2023 03:48:48 +0000

Leading this week’s roundup of people moves from around Asia is the migration of a top level BlackRock executive. Also making the list is the Asia CEO of UK investment firm Chelsfield, who has joined the board of a Singapore... Read More>>

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Ong Beng Seng’s Hotel Properties Ltd JV Sells London HIlton for $53M

Christopher Caillavet — Mon, 11 Apr 2022 14:00:05 +0000

Singapore property tycoon Ong Beng Seng is raising some cash as the hospitality investor’s primary publicly traded vehicle announced the sale of a London hotel over the weekend.

Hotel Properties Ltd, which is 55.4 percent owned by Ong, said on... Read More>>

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Temasek-Led Group’s $2.5B Bid Tops Keppel Offer for SPH Real Estate Business

Christopher Caillavet — Sun, 31 Oct 2021 05:45:00 +0000

Keppel Corporation’s plan to acquire Singapore Press Holdings’ real estate business is being challenged by a rival bid from an unlikely source: a consortium backed by state holding firm Temasek and hotel tycoon Ong Beng Seng.

Cuscaden Peak, a company... Read More>>

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