Commercial Property
Keppel REIT divests Bugis Junction Towers for $547.5m
This is $388m higher than its purchase price.
CapitaLand Mall Trust bags $200m maiden green loan
Proceeds will be used to finance its BCA Green Mark certified properties.
Duxton Hill shophouses up for sale at $11m
The property has a combined land area of 2,161 square feet.
Boustead may launch REIT in 2020: analyst
BP's June portfolio occupancy is slightly higher than the average industrial REIT.
Signature by Regus expands to Singapore
The space has 134 offices, 64 desks, and open coworking areas.
Daily Briefing: Tech roles account for a third of bank vacancies; Republic Plaza relaunched after $96.7m AEI
Keppel Land China buys $95.3m industrial property in Shanghai.
MCT to acquire Mapletree Business City Phase II for $1.55b
It will increase MCT’s DPU by 4%.
Daily Briefing: 333 North Bridge Road for sale at $80m; Braddell View en bloc closes with no bidders
And Estonian company Funderbeam obtains two financial services licenses from Singapore.
Daily Briefing: Digital talent firm Gushcloud secures $15.14m funding; Three-storey CBD shophouse for sale at $15m
And COVE raises $2.75m seed funds.
Keppel Land China to buy 30% of Guangzhou commercial development for $24.8m
The development boasts of a 42,533-sqm floor area spread across 17 storeys.
Flexible workspace operators move to hotels and malls as CBD gets crowded
Over 80% of flexible workspaces are already located in CBD.
Manulife US REIT to raise $195.83m via equity fundraising to buy California office tower
About $185.77m will be used for the acquisition.
Five shophouses in Kampong Glam for sale at $23.8m
The sites have a total land area of 4,892 sq ft and gross floor area of around 8,013 sq ft.
Chart of the Day: Here are the top 5 Singapore commercial property investments in H1
They collectively accounted for 62% of the total commercial investments during the period.
CapitaLand tops Global Real Estate Sustainability Benchmark 2019
The company expects a reduced interest rate for its sustainability-linked loans.
Chart of the Day: Areas for flexible workspaces to grow 24% in 2019
Demand will be driven by multinationals and not just startups.
Data centre expansion to drive Mapletree Industrial Trust's economic resiliency
Data centres now account for 17.7% of MIT’s portfolio valuation.
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