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Asia Casino News │ ACN东方博彩新闻

Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

BLACKROCK TO DOUBLE SINGAPORE SPACE AND MORE ASIA REAL ESTATE HEADLINES

June 27, 2022 World Industry Updates

In today’s roundup of regional news headlines, asset management champ BlackRock plans a major expansion in Singapore, private equity giant Blackstone completes its acquisition of Aussie casino operator Crown Resorts, and Fitch Ratings drops coverage of a Chinese homebuilder.

BlackRock Set to Double Singapore Footprint
BlackRock is poised for a major expansion in Singapore as it follows other international firms looking to tap capital flows into Southeast Asia.

The world’s largest asset manager is in discussions to double its floor space at an office block in the city-state’s central business district, according to people familiar with the matter. The US firm is expecting to add dozens of staff from local hiring and some relocations from Hong Kong, said one of the people, who asked not to be identified discussing confidential matters. Plans are still at an early stage, the people said. Read more>>

Blackstone Completes Acquisition of
Crown Resorts
Blackstone on Friday announced that real estate funds and private equity funds under its management have completed the acquisition of Crown Resorts Ltd in the largest transaction to date for the firm in Asia Pacific.

Source: https://www.mingtiandi.com/real-estate/crelist/blackrock-to-double-singapore-space-and-more-asia-real-estate-headlines/
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