Commercial Property
49-room hotel in District 14 valued at up to $25m
Bidding is set to close on Friday, 1 November.
49-room hotel in District 14 valued at up to $25m
Bidding is set to close on Friday, 1 November.
MCT closes private placement at $458m
The total gross proceeds of the equity fund raising will be $918.5m.
Real estate investment sales leapt 53.7% to $11.2b in Q3
Deals in the hospitality sector surged five times over.
Keppel REIT NPI up 17.6% to $33.17m in Q3
It recorded higher income from Ocean Financial Tower and 275 George Street.
Frasers Property, Hitachi to invest $100m in digitisation of real estate
The two are looking for digital opportunities in Thailand and Australia.
Chart of the Day: Retail rents remained flat in Q3
Notable closures at Centrepoint include Metro’s flagship store, and TianPo Jewellery.
SGX RegCo, SISV to enhance standard of valuations for real estate
SISV will advise on property valuation reports and disclosures by listed companies.
Keppel DC REIT's NPI down 1.8% to $42.27m in Q3
Its DPU rose 4.3% YoY to $0.0193.
Keppel units to buy stake in Beijing office complex for $1.3b
The two firms will own an 85% interest in the complex.
Daily Briefing: Fintech firm CapBridge opens private market platform for retail investors; Settlements receive worst pay amongst banking jobs in Singapore
And a two-storey HDB shop has been put for sale at $10.5m.
CDL and Distrii JV unveil proprietary smart office app
Features include meeting room booking, aircon extension request and building feedback submission.
Manulife US REIT's 400 Capitol buy could boost DPU by 2.3%: analyst
The fundraising conducted to finance the sale is expected to boost market cap by US$140m.
Daily Briefing: Three commercial shophouses for sale at $31m; EDBI invests in dental 3D printing startup
And Masik Enterprises co-led the funding of Vietnamese food tech startup.
80% of building spaces to be eco-friendly by 2030: CBRE
More large firms like CapitaLand and Lendlease are offering green leases to tenants.
SPH REIT may spend up to $500m in acquisitions: report
The expected portfolio expansion may add 5-8% to its FY2020-21 DPU.
Chart of the Day: Industrial upper storey rents may fall by 0.75% in Q3
Rents are largely expected to trend downwards due to weakening manufacturing and trade.
SPH REIT NPI up 8.3% to $179.8m in FY2019
This was due to higher contribution from the REIT’s properties.
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