Commercial Property

Far East Orchard bags $4.3m from Woods Square project

The JV development obtained a temporary occupation permit in February.

Far East Orchard bags $4.3m from Woods Square project

The JV development obtained a temporary occupation permit in February.

Starhill Global REIT extends property manager's term

YTL Starhill Global Property will continue to manage properties for a further period of 5 years.

Far East Orchard talks on COVID-19 impact ahead of AGM

The property developmemt and management company is focusing on resilience to benefit from post-pandemic recovery.

CapitaLand rolls out tech solutions and measures in business parks and offices

Alternative workplaces will be Bridge+, The Workshop, The Work Project, and CoSpace Park.

ARA plans partial takeover of Cromwell Property

An offer will be made to acquire 29 Cromwell securities for every 100 owned at a cash price of $0.90 per security.

MIT secures $410m from oversubscribed private placement

It was approximately 8.2 times covered at the top end of the issue price range.

Two strata office floors up for sale in CBD

The property is valued at $2,200 to $2,350 psf by competitive indicative pricing.

MIT to raise $350m through private placement

Most of the proceeds will be used in acquiring 14 data centres in the US.

Mapletree's profits down 18% to $1.78b in FY2020

It was driven by lower asset revaluation and disposal gains.

MNACT claims $8m for damages in Festival Walk

The Hong Kong-based mall was damaged in light of the protests.

Ascott seizes 139% surge in property volume YTD

These units are scattered across China, Indonesia and Morocco.

Bukit Sembawang Estates books $53.8m impairment loss

This consists of losses from Fraser Residence Orchard due to the pandemic.

OUE in talks with possible buyer for US Bank Tower

The company clarified that there is no assurance that the talks will result in any sale.

Suntec REIT expects better performance in H2

Its Singapore office portfolio remains resilient with diverse tenant bases.

OUE C-REIT prices $100m notes due 2025 at 4%

The notes are expected to be issued on 24 June and to be listed on 25 June.

Mapletree Logistics Trust buys warehouse in Australia for $20.22m

This is the company’s second logistics facility in Brisbane.

High Street Centre up for public tender at $800m

URA will support a development of at least 60% of GFA for mixed commercial use.