Commercial Property
New property development in Singapore could bolster Ascendas REIT
New property development in Singapore could bolster Ascendas REIT
$109m of the proceeds from its private placement will go to partially fund the development of a build-to-suit facility located in Singapore.
SPH buys 14 UK student accommodation buildings for $321m
They have a total capacity of 3,426 beds.
Chart of the Day: Grade A core CBD office rents up 4.1% in Q2
Grade B CBD submarket office rents increased 2.6%.
Winning tender for Dairy Farm site hit $368.8m
It will be turned into a prime development with 450 residential units and F&B shops.
Frasers Logistics & Industrial Trust steps up Australian buys
It sold 2 properties and bought 2 new others as part of capital recycling.
Ascendas-Singbridge expands into US with 33 office acquisitions
The properties have a total net lettable area of about 3.3 million sq ft.
Ascendas Reit prices $452m placement at $2.54 per unit
The firm will use $250m of the proceeds to partially fund a UK logistics portfolio.
Chart of the Day: S-REITs outpaced STI by 1.1ppt despite negative returns
They could provide "defensive shelter" amidst uncertainties, analysts say.
Check out 3M's swanky new HQ in Ang Mo Kio
The space showcases 3M's tech platforms through interactive demos.
New developments could bolster mall traffic for Frasers Centrepoint Trust
Causeway Point will soon have an underground pedestrian link to Woods Square.
GIC sells 50% stake in Sydney skyscraper for $889m
Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.
Sabana REIT evicts tenant amidst $2.14m worth of rental debts
They have already sent letters of demand to export dealer Adviva Distribution.
Here's what could have triggered the 9.8% hike in condo DC
The biggest hikes were recorded in Sector 43 which saw few en bloc and GLS site sold at prime prices.
Wing Tai Holdings Q4 profits ballooned 937% to $133.2m
Revenue soared amidst higher contribution from Malaysia and Singapore properties.
CapitaLand appoints group CIO Lee Chee Koon as new president and group CEO
CapitaLand’s current group CIO Lee Chee Koon will succeed president and CEO Lim Ming Yan as the top leader of the firm, an announcement revealed. Lee...
Two industrial sites up for tender
They have a site area of 1.28ha and 0.48 ha, respectively.
Smith Street heritage shophouses up for sale at $33.25m
They currently enjoy a 100% occupancy rate.
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