Commercial Property
Ascendas REIT seals $110m deal with Jurong Town Corporation
Ascendas REIT seals $110m deal with Jurong Town Corporation
The project is a 25k sqm business park site at Fusionopolis which comprises 60% business park space and 40% office space.
Is the Jurong Gateway development too ambitious?
Analyst says the targets set at the Jurong Gateway site require somewhat vigorous occupancy rates in the first year to attain the desired 6% yield.
Capitaland's Jurong site to strengthen property values in the west
Jurong Lakeside regional hub is expected to grow up to 2.5 times that of Tampines regional hub.
Would you pay $737 million for this building?
It was bought for just US$214 million in 2006, but now the German owners are expected to put it up for sale next week as commercial real estate...
Singapore ranks 16th on prime retail rent
New York City remains the world’s most expensive retail destination, with Hong Kong and Sydney at second and third place.
CapitaMalls et al to develop shopping mall and office at Jurong Gateway
The total development cost is expected to be approximately S$1.5 billion.
URA accepts joint tender by CapitaLand et al
The Jurong Gateway site located at Boon Lay Way was awarded at S$969 million.
Experts warn of ‘perfect property storm’ in 2014
With owners now waiting 25 years to recover their property investment through rent, there is only one way this market is heading, argues DTZ.
Expect continued office price and rental increases: DTZ
Forecast for the commercial and industrial markets was based on the projected economic growth of 4-6%. According to DTZ’s Money into Property report...
Delinquent Aussies reach all-time high
Looks like the Aussies are on a very tight budget.
Asia set to eclipse the US in property sales this year
Another sign the US is in decline?
CapitalMalls goes from build to rent phase with fund name and size change
An upsized fund size brings CMA to stable grounds with its increase by 50% to US$900m.
Ascendas, Mapletree and Soilbuild in final 3 battle to control JTC’s flatted factory sale
There are 21 blocks up for grabs and bidding could go as high as $650 million, but who will win out?
CapitaMalls Asia converts China development fund to an income fund
Conversion, which enabled the company to upsize fund by 50% to US$900mn, reflects evolution from assets under development into operational malls.
Singapore leads growth in Asia Pacific office rent
CBRE’s first quarter Asia Pacific Office Rent Index up 3% but lower than the 3.6% posted in the fourth quarter as quake forced Japanese to defer...
URA launches tender for Tuas View Square site
Bidding price for the land parcel will not be less than $4,888,888.
Oxley’s Vibes at East Coast launches tomorrow
Listed developer, Oxley Module Pte Ltd will showcase its latest property, tagged as “the Gem of the East” tomorrow, May 25.
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