Commercial Property
Manulife US REIT buys Pennsylvania Avenue property for $238.72m
It also bought the Phipps tower in Atlanta for $268.89m.
Manulife US REIT buys Pennsylvania Avenue property for $238.72m
It also bought the Phipps tower in Atlanta for $268.89m.
CapitaLand could have offered JP Morgan discounted rents for CapitaSpring
Analysts think the rents could have hit $12-$14 psf/month for nearly 25% of the property's leasable area.
CACHE converts CWT Commodity Hub's lease structure to multi-tenancy
It will continue to lease 61% of the premises.
Law firms' real estate costs per worker hits $39,982
It is the third lowest amongst eight Asian cities Colliers International surveyed.
SPH REIT Q2 NPI down 1.1% to $42.2m
Paragon’s negative rental reversion of 7.1% pulled down revenue.
Chart of the Day: 2 in 3 en bloc site buyers are from Singapore
More developers are positive about the property market.
Property investment and hospitality are the new frontiers for Oxley
Revenue contribution from investment properties is set to grow from 3.8% to 9.6% in 2020.
Frasers Property injects $136.1m in mixed use development in Bangkok
It will hold 19.9% in a joint venture that will invest in the project’s development.
Daily Briefing: Singapore venture capitalist's returns from Spotify hit 300%; Temasek joins US$114m fund in meatless burger firm
And here’s why some sports fans are calling to preserve Farrer Park.
Lawsuit delays slashed Keppel's $290m gain from marina firm sale
Keppel was now only able to complete the deal after a minority shareholder blocked the sale.
Oxley to launch up to 7 projects over 9 months
It is riding on the expected rise in Singapore’s property upcycle.
Two office floors in The Octagon for sale at $30.3m
Purchasers have the option to buy either individual or both floors, which could be used for mid-range space requirements.
Oxley sold Block D1 of Dublin Landings for $266.21m
It will be entitled to 77.53% of the price.
Mapletree Greater China Commercial Trust buys 6 Japan properties for $753.4m
These are expected to contribute 11% and 12% to its portfolio valuation and NPI.
JTC tenders Woodlands and Tuas South industrial sites
Woodlands Industrial Park is in the confirmed list, whilst the Tuas South Link plot is in the reserve list.
Far East Group sells headquarters for $27m
After the disposal, profits are expected to soar from $655,000 to $22.69m.
Developers teamed up to get hotly contested Holland Road site
All bidders except Singhaiyi formed teams of two to three and submitted more than one proposal.
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