Commercial Property
JTC launches tender for industrial site in Tuas Bay Close
An applicant set a committed bid price of $17.5m.
JTC launches tender for industrial site in Tuas Bay Close
An applicant set a committed bid price of $17.5m.
Frasers Centrepoint Limited to raise $300m from bonds
The bonds will be issued at $250,000 each.
Here's why CapitaLand's recent Chinese and Indian divestments is a strategic move
It lowers the company’s risk of retail exposure and unlocks capital from mature assets.
Mapletree Logistics Trust to acquire remaining stake in Hong Kong property for $103.48m
After the transaction, MLT will hold 100% of the property.
Global Logistic Properties forms two funds for European properties
The two will add $5.43b to its current fund management platform worth $57.8b.
CapitaLand invests in Shanghai office plot for $265m
It plans to build a 37,765 sqm Grade A office building.
Yanlord Land buys 65% of Shenzhen redevelopment site for $114.82m
It is nestled within the LuoHu district of the Shenzhen Special Economic Zone.
Weak rents loom for Keppel REIT despite $8.5b office assets
Vacancies are still high and plenty of secondary space is surfacing in the year ahead.
CityDev chairman urges M&C minority shareholders to accept takeover offer
Kwek Leng Beng said accepting the offer will allow them to exit their holdings at "a material premium".
Will industrial rents bottom out next year?
But recovery might be rocky as firms are looking to downsize and remain cost efficient.
S-REITs fatten portfolios with debt-funded acquisitions: Moody's
On average, acquisitions are funded by 33% debt, 47% equity, and 20% cash on hand.
Here's what Suntec REIT should do to make Suntec Mall relevant again
Shoppers lost interest and flocked to other malls after its $410m three-year enhancement.
Keppel Land China wins lawsuit over sale of marina firm
It will be able to proceed with the selling its stake in Keppel China Marina Holdings.
PropertyGuru Group hires Manav Kamboj as chief technology officer
He has a background in e-commerce, mobile, fintech, and software sectors.
FCL and FCOT to buy UK-based Farnborough Business Park for $316.09m
FCOT wants to start expanding its Europe investments in the UK.
Oxley buys Chevron House for $660m
It intends to alter and renovate the prime office building.
Tuas South Link 3 industrial site sold for $2.68m
Meanwhile, the Woodlands Industrial Park E2/E5 failed to be awarded as bidders failed to meet standards.