Wait and see: Blackstone to stand by until 2019 for higher ROI

As prices continue to recover.

It can be recalled that Blackstone and Malaysia’s CIMB Bank Bhd agreed this week to take part in a financing for a Sentosa property owned by CityDev, Singapore’s second-largest developer.

According to a report by Bloomberg, Blackstone is prepared to wait as long as five years for a turnaround in residential prices to see higher returns on the transaction.

View the full report here.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!