Commercial Property
Keppel REIT acquires 50% stake in 255 George Street in Sydney for $321.0m
Keppel REIT acquires 50% stake in 255 George Street in Sydney for $321.0m
The freehold Grade A office building has a committed occupancy rate of 93%.
Soon Hock Land wins JTC tender for industrial site at Tuas Link Close
The project is targeted to be completed in 84 months.
ESR-LOGOS REIT secures $200m sustainability-linked loan
This is the company’s first sustainability-linked facility.
Johnson Controls opens OpenBlue Center in Singapore
New hub aligns with Singapore Green Plan 2030 for sustainability.
Three Tras street shophouses at Tanjong Pagar for sale via EOI
The portfolio has a collective guide price at $50.8m.
JLD tender predicted to yield low bids amidst market caution and scale concerns
Experts attribute the limited bidding pool to factors such as high costs and regulatory complexities.
FCT acquires full stake in NEX Partners Trust
The acquisition was proposed on 25 January 2024.
FLCT issues $175m notes at 3.830% due in 2029
The notes are set to mature on 26 March 2029.
Major real estate players announce joint bid for Jurong Lake District development
The project is expected to be completed in 10 to 15 years.
Grade A office rents hit 15-year high in Q1
Rents are expected to surge further in 2024 due to higher demand.
JTC launches new site at Lok Yang Way under the IGLS programme
The tender closes on 28 June 2024.
Five-storey industrial building for sale at $15m
The site is zoned for ‘Business 1’ use.
Luxury property market 'stable' despite GCB sales hitting record low
Only 23 good class bungalows were sold in 2023, the lowest in 27 years.
Keppel DC REIT’s NPI down 3% in 2023
Gross revenue for the period increased 1.4%.
Singapore climbs to sixth in resilient cities index
Savills said Singapore is projected to improve after the implementation of URA Master Plan 2025.
Prime grade office rents in Raffles Place, Marina Bay up 0.6% QoQ in Q1
There is a possibility of rent stabilization in the second half of 2024.
Oxley MTN issues $88m notes at 7.25% due in 2025
The notes are set to mature on 28 July 2025.
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