Commercial Property
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
JTC to launch Gambas Way industrial site for public tender
The 1.2 ha land parcel is zoned for Business-2 development with a maximum permissible gross plot ratio of 2.5.
Oxley CEO argues debt-ridden company can pay its dues
Its ability to pay is supported by local and overseas projects worth approximately $2.9b and $4.6b respectively.
First Sponsor to buy shares in Guangdong land owner for $148.9m
Concord Focus Development owns three land parcels with a total site area of 36,405sqm.
Chart of the Day: Single-user factories will make up 64% of industrial property pipeline in 2019
It will make up approximately 11 million sqft in GFA.
Industrial leases leaped 14.6% to 10,473 in 2018
Occupancy rates edged up 0.4 ppt to 89.3% amidst an increase in monthly rents.
Retail investment sales crashed 43.3% to $1.42b in 2018
H2 2018 featured majority stake sales of major suburban malls, including I12 Katong and Westgate.
Keppel unit acquires 269,707 shares in Keppel Infrastructure Trust
Each share was priced at $0.47.
Singapore revamps development charge rates
The rates for commercial and hotel/hospital properties rose 45.6% on average.
UOL profits crashed 51% to $433.72m in FY2018
It was hit by lower development profits, which was offset by higher UOB dividend income.
JTC tenders Tampines North Drive site
Bids for the plot can be submitted until April 23.
Co-living company Hmlet expands to Australia
One of the first purpose-built co-living properties in Australia will accommodate 20 members.
Two freehold shophouses along Kampong Bahru Road for sale at $13m and $13.65m
The properties occupy a land area of 2,343 sqft with an estimated GFA of 5,947 sqft.
CapitaLand to raise $1b for discretionary real estate debt fund
It will invest in USD-denominated instruments for real estate in China.
Little India commercial site launched for sale
The 25,865 sqft site was valued at $70.6m in 2018. A tender for a commercial site in Little India where a conserved two-storey bungalow, known as the...
Grade A CBD office rents inched up 9.5% in 2018
Marina Bay saw the largest rental increase at 17.1%.
Frasers Property arm to buy Thai real estate firm for $850m
It will generate revenue in excess of $860m (THB20b).