Commercial Property
GIC teams up with Polymer Connected to build Jakarta data centre campus
It will include 2.6MW Tier III and 26MW Tier IV data centre facilities.
GIC teams up with Polymer Connected to build Jakarta data centre campus
It will include 2.6MW Tier III and 26MW Tier IV data centre facilities.
Frasers Centrepoint Trust's preferential offering oversubscribed
The firm will realise gross proceeds of about $67.7m to fund its acquisitions.
$589.2m China mall buys to spur short-term pain for CapitaLand Retail China Trust
Debt costs could pare its DPU by 7%.
Daily Briefing: Pasir Panjang Power District eyed for waterfront lifestyle potential; Singapore to have 13,000 shared bicycles in 2019
And a Jalan Besar property sold $10m below its indicative price of $47.4m.
CapitaLand to sell three malls in China for $589.2m
The sale will generate proceeds of about $239.9m and a net gain of $37.6m.
Cromwell European Real Estate Investment Trust regains control over Paris site
The firm is set to receive $1.4m compensation for the loss of potential rental income from the French government.
Chart of the Day: Monthly retail rents of first-storey spaces up 0.5% in Q1
Properties in Orchard/Scotts Road has the most expensive rates at $36 to $39 psf.
Property investments in Guangzhou and Shenzhen rose to $61.91b in 2018
Guangzhou accounted for 60% of transactions of over $113.39m.
Chart of the Day: 1.5 million sqft of retail property supply to come online by 2022
Over half of the upcoming retail development will be completed in 2019.
Retail property sales fell 2.3% in Q1: study
The sales decline in optical goods & books and food retailers dragged it down.
Chart of the Day: Office rents rose 1.5% in Q1
Rents in Beach Road/Middle Road saw the highest increase at 3.1%.
Chart of the Day: Industrial property supply to crash in 2022
The decline will be partially countered by the launch of data centres in the coming years.
Grade A office rents up 3.2% in Q1 as supply tapered off
Occupancy has recovered to a healthy 95.2%.
European office supplies provider Lyreco buys DeskRight
It looks to relaunch its strategy for Asia.
High-priced industrial property transactions crashed 57% to $424.3m in Q1
The largest transaction was the $227.5m sale-and-leaseback deal with LTH Logistics.
Blackstone buys GLP's US logistics assets for record US$18.7b
Its real estate arm will get 115 million sqft for US$13.4b.
Funan to open doors on 28 June
It will open two months ahead of schedule with a 92% commitment for its retail leasing.
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