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.