Commercial Property
CIT to acquire first Business Park asset for $28m
The property is 16 International Business Park.
Singapore developers splurged $13b in overseas property shopping spree
In a bid to escape the sluggish market at home.
Global Logistic Properties, GIC to acquire IndCor Properties for $10.7b
The transaction will be completed in 1H15.
Daily Briefing: HDB, URA release 1,500 homes; Electric unicycles could be the next big thing in Singapore
And cooling measures to stay until prices fall to 2008 level.
URA unveils first mixed-use site under Holland Village Extension scheme
It could yield 570 residential units.
Singapore kicked out of top 30 global real estate markets as weary investors exit
Investors are now avoiding Singapore.
Race of the REITs: SGX reveals industrial REIT with the highest year-to-date return
The average return is 11.5%.
Ho Bee weathers real estate storm with healthy investment portfolio
It has three prime office properties in London.
Spotlight shines on underdeveloped Woodlands in latest land sales programme
The town’s transformation is rapidly gaining pace.
Analysts baffled by office space dearth in 1H15 land sales programme
An extreme supply crunch might happen again.
Cedar Strategic Holdings appoints Yang Luoqing as executive director
He is currently a director in three different companies.
Chia Kim Huat retires as Ascendas Funds Management director
His retirement is part of the regular board renewal process enacted by the company.
Pick cheap developer shares over risky REIT stocks in 2015
REITs will suffer once interest rates rise.
Keppel Land inks $61.6m JV for office tower in Yangon
The 23-storey tower will open in 2017.
Boustead mulls IPO of real estate solutions business
It is currently proposing a demerger.
Daily Briefing: Singapore’s 3D digital platform to be ready by 2017; GIC to buy IndCor Properties for $8.1b
And Country Garden opens sales gallery in Singapore.