Commercial Property
Keppel subsidiaries inked agreement to build first greenfield data centre in Malaysia
It will sit on a 261,000 sqft of land within an industrial park earmarked to be a data and research hub.
Keppel subsidiaries inked agreement to build first greenfield data centre in Malaysia
It will sit on a 261,000 sqft of land within an industrial park earmarked to be a data and research hub.
Golden Wall Centre sold en bloc for $276.2m
It could be redeveloped for hotel use at a plot ratio of 4.88.
Hong Kong and Tokyo beat Singapore as best finance locations in Asia: report
Its weak 10.7% performance on property factors and modest banking scale dragged its final score.
Singapore is APAC's most prepared city: study
It topped the governance rankings ahead of Tokyo and Ho Chi Minh.
Residential sector's share in Q3 total investment volume crashed 32 ppt to 43%
The commercial sector continued to gain traction as it made up 27% or $2.1b of total investment sales.
Chart of the Day: Q3 industrial investment sales climbed 52.3% to $1.2b
Mapletree Logistics Trust bought five warehouses in West Region for $730m.
Waterloo Apartments en bloc sold for $131.1m
It changed its zoning from residential to hotel to maximise its location potential at Civic District.
Chinese business to extend CapitaLand's winning streak in Q4
It expects to recognise around $1.27b of revenue from China by Q4.
Chart of the Day: Commercial property sales hit $2.2b in Q3
One notable transaction was the $908m sale of OUE Downtown's office component.
Golden Wall Centre up for collective sale at $260m
It could be transformed into a mid-sized hotel development.
CapitaLand Q3 profits jumped 13.6% to $362.22m
The increase was due to higher operating income and gains from asset recycling.
Oxley's Q1 profits plummet 83% to $8.06m
It blamed lower revenue contribution from projects in Singapore and overseas.
CapitaLand wins bid for Guangzhou Science City site for $175.2m
It plans to build a development comprising of office, retail space and serviced residence by 2022.
CapitaLand and GIC to buy Shanghai's tallest twin towers for $2.54b
The two 50-storey buildings have an office and retail component.
Chart of the Day: CBD Grade A space market could remain constrained until 2021
Only one office building is expected to be completed in Q4.
OUE Q3 profits crashed 80.7% to $2.07m
It blamed non-cash marked-to-market fair value loss of investments.
Ascott REIT issues $100m notes at 3.52%
It will be used to refinance the existing borrowings of the REIT.