Commercial Property
Daily Briefing: 333 North Bridge Road for sale at $80m; Braddell View en bloc closes with no bidders
Daily Briefing: 333 North Bridge Road for sale at $80m; Braddell View en bloc closes with no bidders
And Estonian company Funderbeam obtains two financial services licenses from Singapore.
Daily Briefing: Digital talent firm Gushcloud secures $15.14m funding; Three-storey CBD shophouse for sale at $15m
And COVE raises $2.75m seed funds.
Keppel Land China to buy 30% of Guangzhou commercial development for $24.8m
The development boasts of a 42,533-sqm floor area spread across 17 storeys.
Flexible workspace operators move to hotels and malls as CBD gets crowded
Over 80% of flexible workspaces are already located in CBD.
Manulife US REIT to raise $195.83m via equity fundraising to buy California office tower
About $185.77m will be used for the acquisition.
Five shophouses in Kampong Glam for sale at $23.8m
The sites have a total land area of 4,892 sq ft and gross floor area of around 8,013 sq ft.
Chart of the Day: Here are the top 5 Singapore commercial property investments in H1
They collectively accounted for 62% of the total commercial investments during the period.
CapitaLand tops Global Real Estate Sustainability Benchmark 2019
The company expects a reduced interest rate for its sustainability-linked loans.
Chart of the Day: Areas for flexible workspaces to grow 24% in 2019
Demand will be driven by multinationals and not just startups.
Data centre expansion to drive Mapletree Industrial Trust's economic resiliency
Data centres now account for 17.7% of MIT’s portfolio valuation.
Finance sector urged to turn to flexible workspaces for rental savings
Real estate costs accounted for up to 14% of the sector’s aggregate operating costs.
CapitaLand's Raffles City Chongqing draws over 900,000 visitors in weekend launch
Tenants include Old Navy, GAP, Haidilao, CGV and Jiwu by Suning.
Former OCBC Wing Hang CEO Kng Hwee Tin moves to Capitaland
Kng will succeed chief financial officer of China Steve Gong.
Orchard Road hotel development put on sale for over $155m
The hotel would be developed into a 6-storey, 115-room site.
Keppel Pacific Oak US REIT to acquire Dallas office complex for $140.23m
One Twenty Five comprises two Class A buildings with a total space of 445,315 sqft.
Keppel-KBS US REIT renamed to Keppel Pacific Oak US REIT
It also plans to enter an outsourcing management agreement with a US asset manager.
Frasers Centrepoint Trust to join FTSE EPRA/NAREIT Global Developed Index
This will enable the trust to reach a larger pool of institutional investors.
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