Commercial Property
OUE C-REIT subsidiary clinches S$430m green loan for refinancing
OUE C-REIT subsidiary clinches S$430m green loan for refinancing
The proportion of green loans to the REIT’s total borrowings increased to 69.6%.
Is Singapore on the path to recapture its status as a regional retail hub?
Data from Savills showed that Orchard Road rents may grow 2%-3% in 2023.
What do the latest amendments to the 2019 Master Plan entail?
The HDB proposed changes on six sites.
SG’s office market hit by increasing vacancy pressure
A CBRE report showed that vacancy may hit around 10% by the end of 2023.
Hongkong Land unveils 10 planned retail developments in China
Its Shanghai West Bund Financial Hub will have a total development area of 1.1 million sqm.
Flex spaces to increase foothold in Singapore’s office market
As of Q123, flex spaces already consist of about 10% of the total office stock in the Lion City.
Shophouse at 22 Temple Street up for sale
The property has a floor area of 3,423 square feet.
MUST’s fifth-largest tenant terminates lease at 500 Plaza Drive in New Jersey
The tenant has already paid MUST a termination fee of US$4m.
Prime ground floor retail units at Peninsula Plaza for sale: CBRE
The expression of interest for the three retail units will close on 11 July at 3 pm.
Three adjacent strata office units at SBF Center for sale
The prices of the units range from $2.25m to $2.44m.
Digital Core REIT warns of lower DPU following US bankruptcy filing of 2nd-largest tenant
Cyxtera represents 22.4% of the REIT annualised rental revenue.
IREIT Global enters call option deal to acquire 17 retail properties in France
The acquisition is about €76.8m ($112.2m).
Keppel DC Reit has new CEO whilst former CEO moves to FLCT
Loh Hwee Long will take the helm on 28 July 2023.
CLI reveals refreshed 2030 sustainability master plan
The plan includes SG’s 2050 net zero carbon emissions commitment.
Ley Choon Group's net profit doubles to $9.7m in FY2023
Its revenue grew to $123.9m due to increasing construction activities.
Singapore’s real estate market adapts to increased ABSD rates
Savills’ Alan Cheong offers insights on attracting foreign buyers and navigating challenges.
OUE C-REIT says they are not involved in independent director’s litigation
The board is retaining Tan Huay Lim as independent director.
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