Commercial Property
Three industrial sites launched for sale under IGLS programme
Three industrial sites launched for sale under IGLS programme
These are located in Tuas and Tampines.
Can the Singapore real estate market support a fourth property listing site?
Singapore Press Holdings (SPH) recently announced that it would be acquiring StreetSine Technology Group for S$30million for a 60% stake in the...
Keppel REIT finally clinches shareholder approval for MBFC Tower 3 acquisition
KREIT will be forking out $725m.
Mapletree Logistics Trust acquires $25.2m Smart Logistics Centre in Korea
It is the firm’s 10th warehouse in the country.
Global Logistic Properties deputy chairman Jeffrey H. Schwartz passes away
He was responsible for strategic planning of the company.
China New Town Development appoints Wu Jubo as financial controller
He was general accountant of Yangzhou Pacific Port.
Stingy tenants flee the CBD as office rents hit record high
Rents will keep getting higher and higher.
Lian Beng’s JV company to purchase Mandai Link land parcel for $21.3m
The property will be redeveloped.
Courts Asia cutting costs to prop up bottom line
As Singapore sales plunge 15% in 1H15.
Viva Industrial Trust to raise $15.6m through private placement
After the acquisition of Jackson Square and Jackson Design Hub.
Mapletree Logistics Trust acquires another property in South Korea for $25.2m
The deal will be funded with debt.
UOL eyes more overseas assets to buck sluggish local property market
It wants a 70/30 asset split.
Mapletree Industrial Trust’s DPU growth to moderate under distribution reinvestment plan
But its portfolio is resilient against JTC’s new rules.
Keppel T&T acquires new data centre in the Netherlands
It has over 5,000 sqm of data centre space.
Singapore prime office rents surged 18.6% in Q3
This is the biggest jump in Asia-Pacific.
Regal International Group formally opens first trading session
After acquisition by Hisaka Holdings.
Ascott to launch its first serviced residence in Busan
It’s slated to open in 2H15.