Commercial Property
Elite Partners Capital acquires 180,000-sq.m. logistics park in Germany
An automotive firm is occupying most of the property.
Tampines Street 94 site could sell for up to $699m: analysts
The plot can yield 585 homes and 10,500 sqm of commercial space.
Keppel REIT launches Green Financing Framework
It outlines guidelines for proceeds use, project evaluation, fund management, and reporting.
Singapore prime office rents hit pause after 3 years of non-stop growth: CBRE
Chinese tech, legal firms are the main demand drivers this quarter.
Preschool converted from car park to open at Wisteria Mall in July
The car park-to-childcare centre conversion was part of the mall’s broader rejuvenation.
Prime office rents rise slower at 1.3% in H1, flat growth seen for H2
The occupancy rate in Raffles Place/Marina Bay hit 95% in Q2.
ESR secures CSRC approval for China logistics REIT
The initial portfolio includes three logistics assets in Kunshan, Jiangsu Province.
IREIT Global to lose top tenant at Berlin Campus
DRV contributed about 20% of IREIT Global's gross rental income in Q1 2024.
Ascott and SG Enable partner to enhance disability inclusion in hospitality
The initiative will provide workforce training and enhance inclusive spaces.
Less than 0.5% of SG office stock needs annual repurposing
This reflects the country's effective office stock utilisation.
Keppel REIT prices A$175m floating rate green notes due 2027
Funds from the issuance will support the REIT's acquisition in Sydney.
Paragon REIT to divest The Rail Mall for $78.5m
Proceeds from the sale will be used for debt reduction, potential acquisitions, and property improvements.
JTC sets aside $4m for decarbonisation solutions at Jurong Innovation District
The statutory board is seeking proposals to decrease the district's carbon footprint.
CapitaLand adopts CaaS systems in three flagship commercial properties in Singapore
Raffles City Singapore will be the largest development in the city-state to have a CaaS model.
Singapore’s prime office rental growth lags: CBRE
Seoul was also among the rental growth laggards.
Singapore is one of the markets leading the flight-to-quality trend in APAC: CBRE
Green offices are also popular among occupiers in the city-state.
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