Real Estate News
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A Government of Singapore Investment Corp. affiliate and a Canadian pension fund signed a binding agreement to pay A$1.2 billion ($1.2 billion) for most of Charter Hall Office REIT.
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Singapore’s economy shrank for the second time in three quarters, highlighting Asia’s vulnerability to the European debt crisis even as manufacturing strengthens in India and China.
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Governments of the world’s leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs.
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Centro Retail Australia, the entity formed from the restructure of Centro Properties Group, named Steven Sewell as chief executive officer to succeed Robert Tsenin.
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