Commercial Property
GIC sells 50% stake in Sydney skyscraper for $889m
Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.
GIC sells 50% stake in Sydney skyscraper for $889m
Chifley Tower houses Snapchat, Blackrock, Morgan Stanley, and UBS as its tenants.
Sabana REIT evicts tenant amidst $2.14m worth of rental debts
They have already sent letters of demand to export dealer Adviva Distribution.
Here's what could have triggered the 9.8% hike in condo DC
The biggest hikes were recorded in Sector 43 which saw few en bloc and GLS site sold at prime prices.
Wing Tai Holdings Q4 profits ballooned 937% to $133.2m
Revenue soared amidst higher contribution from Malaysia and Singapore properties.
CapitaLand appoints group CIO Lee Chee Koon as new president and group CEO
CapitaLand’s current group CIO Lee Chee Koon will succeed president and CEO Lim Ming Yan as the top leader of the firm, an announcement revealed. Lee...
Two industrial sites up for tender
They have a site area of 1.28ha and 0.48 ha, respectively.
Smith Street heritage shophouses up for sale at $33.25m
They currently enjoy a 100% occupancy rate.
China property sales could bolster earnings for Keppel in H2
Property prices continue to soar despite the cooling measures.
HDB launches Pasir Ris Central site for tender
The 38,003 sq m mixed-used development site can yield up to 600 residential units.
CapitaLand Mall Trust to buy remaining 70% stake in Westgate for $789.6m
The transaction is targeted for completion by Q4 2018, depending on unitholders' approval.
Oxley Holdings full-year profits jumped 31% to $285.03m
Gains from its purchase of Chevron House boosted profits.
S-REITs fared well in July over increased attention from funds
The office sector could lead gains in S-REITS amidst its sustained rental improvements.
Ho Bee Land secures Singapore's first green loan
The $352.9m will be utilised to acquire a 21-storey commercial property in London.
Chart of the Day: New supply of industrial space hit 3.24 million sq ft in H1
Lagging demand brought occupancy rate 0.2 ppt down to 89.7%.
Daily Briefing: 8 in 10 e-commerce scams happened on Carousell platform; Manufacturing growth could slow down in industrial property sector by H2
And hybrid startup Spiking raises $1.2m.
Rents for high-specification industrial spaces grew 2.1% to $2.9 psf in H1
Rents in these properties led to the sector's recovery.
Income-producing property sales in Singapore fell 12% $10.2b in Q2
En-bloc deals hit $13.8b which is 58% of all land sold in H1 2018.
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