Commercial Property
Freehold Katong Plaza up for collective sale at $188m
The expected price translates to $1,969 per square foot per plot ratio.
Freehold Katong Plaza up for collective sale at $188m
The expected price translates to $1,969 per square foot per plot ratio.
Perennial Real Estate Holdings raises stake in Xi'an mixed-use medical hub for $18.8m
The development of the hub’s second hub is set to end by 2020.
Daily Briefing: Singapore to return 1MDB funds; 5 best-performing real estate firms gained 7%
And Singapore's JustCo is looking to buy firms to achieve its goal of 100 centres by 2020.
S-REITs raised $4b YTD amidst acquisition fever
But large deals are expected to be rarer and reduce yields to at least 3%.
JTC to launch three industrial sites for sale
One site in Bradell Road will be tendered starting $18m.
First Sponsor sells Chengdu property for $97m
The property sale includes parts of a 29-storey building with 7 retail spaces.
Daily Briefing: Genting Singapore could be largest casualty of scrapped HSR project; Talent crunch stifles fintech boom
And here’s what should know about Manulife US REIT’s Q1 earnings results.
Weak outlook in China could hit Keppel's strongest unit
Property launches have been pushed into 2020, lifting earnings from China by 30%.
Far East Hospitality joint venture buys upcoming Japanese hotel for $100.5m
It will be branded under a Far East Hospitality hotel brand.
Keppel looks to gain $114m from sale of Beijing prime site
It granted CBD Ather Center an option to buy 51% of the holding firm for $396.3m.
Industrial leasehold prices plunged to 5-year lows in Q1
Prices for 30-year leasehold properties declined 3% in 3 years.
Desker Road shophouse units to be put up for auction
It is a 2.5-storey corner unit with a mix of F&B and hotel units.
Three Liang Seah shophouses up for grabs at $30m
They are between Bugis Junction and South Beach.
House of Tan Yeok Nee up for sale at $93m
It is the last-standing mansion built by Teochew tycoons in the 19th century.
Fundraising for acquisitions slashed S-REITs' distribution per unit by 2.6%
Acquisitions have boosted S-REITs' secondary equity offerings to $2.1b.
Tuas South Link 3 site sold for $2.04m
The tender for the site concluded with one bid.
GIC enters joint venture to buy Los Angeles office campuses
It bought Water’s Edge and Playa Jefferson, which are both in Playa Vista.
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