Commercial Property
Cromwell European REIT to buy six offices for $378.18m
The properties in France and Poland have a combined LGA spanning 110,348 sqm.
Cromwell European REIT to buy six offices for $378.18m
The properties in France and Poland have a combined LGA spanning 110,348 sqm.
Keppel Land secures $170m green loan facility
It will fund the development of Seasons City (Phase 1) in the Sino-Singapore Tianjin Eco-City.
Fortune REIT to delist from SGX-ST
It cited low trading volume as one of the reasons behind the move.
Chart of the Day: Serviced office operators beat landlords in snapping up co-working stakes
They have dominated the space for more than ten years.
Raffles Education unit amends $138.5m deal with China-based developer
The firm has yet to pay $47.38m for its option agreement.
Keppel REIT unit secures $505m green loan facility
It aims to enhance how it finances the firm’s offices.
Chart of the Day: Decentralised offices represented nearly a quarter of office stock in Q4 2018
This represents an increase from 17% in Q4 1998.
ESR-REIT raises $100m from upsized private placement
The fixed issue price of $0.515 apiece was at the lower end of its $0.515-$0.525 range.
31% of TEE Land's Lattice One units sold over the weekend
The average price of the units sold was around $1,800 psf.
ESR-REIT JV to buy logistics property for $225m
The site will serve as Poh Tiong Choon Logistics’ corporate headquarters.
Beauty World Plaza relaunches tender at $165m
It got an in-principle approval to convert the residential component to serviced apartments.
Chart of the Day: Singapore's flexible office market expanded threefold in 2013-2018
An estimated two in five office buildings have a flexible office component.
Mercurius to buy 50% stake in Thai property development firm
A three-party JV will jointly develop Sheraton Phuket Grand Bay Resort in Phuket.
First Sponsor enters JV to develop Guangdong mixed-use property
Wanjiang Victory Land comprises three adjacent plots with a total site area of approximately 42,343.4 sqm.
Daily Briefing: Sentosa Cove property prices fell to record low $1,367 psf; Full floor plate at Springleaf Tower up for sale at $27.2m
And 25-year-old Great Singapore Sale will kick off by 21 June. From Property Guru:
Industrial property sales jumped 27.6% to $1.3b in Q1
Major transactions include factories in Tuas South Avenue and Banyan Drive being sold for $585m and $227.5m, respectively.
How can CapitaLand Retail China Trust fund its $589.2m mall acquisition?
A private placement paired with preferential offering could boost its DPU, an analyst said.
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