Commercial Property
What 2025 holds for SREITs
Dasin Retail Trust ends management deals for Shunde, Tanbei metro malls
Its minority directors did not participate in the voting for the termination.
CDLHT acquires Hotel Indigo Exeter and retail units for $33.2m
Its retail units have existing leases which will continue until 2033.
Centurion secures 25% stake in Australia student housing project
It acquired the stake for $2.19m.
Sabana Industrial REIT unitholders questions trustee's director nominations
The REIT will undergo internalisation without the involvement of a sponsor.
High interest rates, economic conditions impact office demand
Still, a recovery in 2025 is anticipated as the global economy improves.
Hatten Land names Deloitte partners as joint judicial managers in restructuring
The court already approved its application for judicial management.
Three shophouses in Jalan Besar listed for $44m
The tender sale will close on 15 November, at 3 PM.
SingLand-UOL JV buys 50% of Sydney’s 388 George Street for A$460m
The asset is fully leased.
Commonwealth renews lease at FLCT's Canberra site
The 20-year lease will commence on 5 July 2025.
Frasers Hospitality REIT Australia unit sees tax rate rise to 37.5%
With the higher tax, the unit expects a $1.3m drop in distributable income for FY2024.
Sevens Atelier and AIPL ink exclusive deal for real estate collaboration
The partners will refer business opportunities to each other.
Rate cuts boost property investments by 24.8% QoQ in Q3
Total sales hit $8.3b.
OpenAI to establish Asia-Pacific hub in Singapore
Singaporeans are among the highest per capita users of ChatGPT worldwide.
CLAS divests Citadines Karasuma-Gojo Kyoto for $53.1m
The price was 40.1% above the asset's book value.
Grade A strata office unit at Prudential Tower on sale for $16m
The unit is currently fully occupied by multinational corporations (MNCs).
APAC Realty and NexUS Global Realty ink MoU to boost cross-border real estate transactions
The partnership will also strengthen agent-investor ties and create new opportunities for clients in both regions.
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