Commercial Property
Weak rents loom for Keppel REIT despite $8.5b office assets
Weak rents loom for Keppel REIT despite $8.5b office assets
Vacancies are still high and plenty of secondary space is surfacing in the year ahead.
CityDev chairman urges M&C minority shareholders to accept takeover offer
Kwek Leng Beng said accepting the offer will allow them to exit their holdings at "a material premium".
Will industrial rents bottom out next year?
But recovery might be rocky as firms are looking to downsize and remain cost efficient.
S-REITs fatten portfolios with debt-funded acquisitions: Moody's
On average, acquisitions are funded by 33% debt, 47% equity, and 20% cash on hand.
Here's what Suntec REIT should do to make Suntec Mall relevant again
Shoppers lost interest and flocked to other malls after its $410m three-year enhancement.
Keppel Land China wins lawsuit over sale of marina firm
It will be able to proceed with the selling its stake in Keppel China Marina Holdings.
PropertyGuru Group hires Manav Kamboj as chief technology officer
He has a background in e-commerce, mobile, fintech, and software sectors.
FCL and FCOT to buy UK-based Farnborough Business Park for $316.09m
FCOT wants to start expanding its Europe investments in the UK.
Oxley buys Chevron House for $660m
It intends to alter and renovate the prime office building.
Tuas South Link 3 industrial site sold for $2.68m
Meanwhile, the Woodlands Industrial Park E2/E5 failed to be awarded as bidders failed to meet standards.
VR Startup woobaVR makes physical showrooms defunct
They use virtual reality to for a complete visualisation of properties.
Singapore launches 15 sites in 1H2018 GLS programme
These can yield up to 8,045 residential units and 63,960 sqm of commercial space.
CRCT's Rock Square deal to drive more acquisitions soon
It can also afford another acquisition worth $250m in 2018 after selling CapitaMall Anzhen.
CapitaLand forms two subsidiaries in the Netherlands
Both will focus on investment holding.
Chinese projects to boost Keppel's earnings by at least 60%
Thanks to its projects in Wuxi and Tianjin.
Mapletree Commercial Trust expects slowdown as VivoCity matures
Half of MCT's revenues could still depend on it by 2018.
CityDev raises M&C takeover offer to 620 pence per share
Minority investors slammed the earlier bid.
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