Commercial Property

Ascott hits record with 15,100 units signed in 2021

It also reached the highest-ever property openings of 8,200 units. 

Real estate investments climb 5.3% YoY to $25.8b in 2021

The collective sale market gained momentum in Q4, Knight Frank says.

Yanlord pre-sales dip 24% YoY to $12.7b in 2021

December 2021 pre-sales declined 16.3% YoY.

JLL welcomes new head for Logistics and Industrial Capital Markets

Pamela Siow held positions in Sabana Real Estate Investment Management and Colliers International.

Nanyang Polytechnic, Schneider Electric launch sustainability centre

This is set to help Singapore achieve its goal of 80% of buildings to be green by 2030. 

CLD acquires prime site for large-scale residential project in Vietnam

Over 3,700 homes will be developed for 13,000 units in Binh Duong New City.

Tanglin Shopping Center up for sale

Savills Singapore will serve as the marketing agent for the sale. 

CapitaLand increases global sustainability challenge fund by $500,000

Over 270 entries were received from more than 25 countries.

Far East Hospitality Trust to divest Central Square for $313.2m

A potential incentive fee of up to $18m may be applied. 

FLCT divests leasehold property in Port Melbourne for $41.7m

It represents a premium to the property’s book value of approximately $20.6m.

CityDev acquires Central Square for $315m

The move will be part of the redevelopment of the Central Mall properties.

CICT to acquire two Grade A offices in Australia for S$330.7m

The acquisition is expected to be completed in the first quarter of 2021.

Manulife US REIT prices private placement at $0.89 per unit

About 154.1 million units will be issued under the private placement.

HSBC Institutional Trust Services accomplishes disposal of Plot 1 Assets for $103.6m

This is in connection with the proposed redevelopment of 1 Science Park Drive.