Commercial Property
Finance sector urged to turn to flexible workspaces for rental savings
Real estate costs accounted for up to 14% of the sector’s aggregate operating costs.
Finance sector urged to turn to flexible workspaces for rental savings
Real estate costs accounted for up to 14% of the sector’s aggregate operating costs.
CapitaLand's Raffles City Chongqing draws over 900,000 visitors in weekend launch
Tenants include Old Navy, GAP, Haidilao, CGV and Jiwu by Suning.
Former OCBC Wing Hang CEO Kng Hwee Tin moves to Capitaland
Kng will succeed chief financial officer of China Steve Gong.
Orchard Road hotel development put on sale for over $155m
The hotel would be developed into a 6-storey, 115-room site.
Keppel Pacific Oak US REIT to acquire Dallas office complex for $140.23m
One Twenty Five comprises two Class A buildings with a total space of 445,315 sqft.
Keppel-KBS US REIT renamed to Keppel Pacific Oak US REIT
It also plans to enter an outsourcing management agreement with a US asset manager.
Frasers Centrepoint Trust to join FTSE EPRA/NAREIT Global Developed Index
This will enable the trust to reach a larger pool of institutional investors.
City Developments secures $250m sustainability-linked loan
It will be used for general working capital and corporate funding.
Grade A office rental growth to slow as supply moderates
Rents grew 14.9% in 2018.
FCT acquisitions to boost growth: analyst
The purchase of PREAFL could give it the distinction as Singapore’s third-largest retail REIT.
CRCT completes acquisition of companies holding stakes in three Chinese retail malls
CapitaLand now has an interest of approximately 34.4% in the divestment companies.
Keppel Land China to buy property in China's Silicon Valley
The company will pay $35.1m in the equity transfer agreement.
REITs defy downturn on tight office supply
CapitaLand, Keppel, and Suntec only have 5% to 1.5% office NLA due for renewals in H2.
Commercial DC rates to climb 1.7% after September review: URA
A 7% increase was recorded in Tampines Road, Ang Mo Kio, and Upper Bukit Timah.
Chart of the Day: Business parks' vacancy rate eases to 14% in Q2
This was due to stable demand and lack of new supply.
Daily Briefing: Two strata-retail units for sale at $13.5m; New VC launched to invest in agri-food startups
And Clearbridge Health acquires nine dental clinics for $3.3m.
Sun Venture secures $455m loan to buy 71 Robinson Road
It will also be used for investments to improve its environmental footprint.
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