Commercial Property
ESR Group says Quarz made sudden U-turn on intention of internalising Sabana
The firm said Quarz had no plans regarding the management of Sabana Industrial Reit.
ESR Group says Quarz made sudden U-turn on intention of internalising Sabana
The firm said Quarz had no plans regarding the management of Sabana Industrial Reit.
Sabana Industrial REIT borrower enters facility agreement with UOB
The deal is in respect of sustainability-linked term of up to $100m.
CEREIT divests Italian office for $138.51m
The divestment of Piazza Affari 2, Milano, Italy office is at €93.6m.
Investor Quarz wants Sabana manager to use suggested resolutions
The investor also disagrees with ESR, Sabana Industrial Reit’s unitholder.
GuocoLand clinches S$974m green loan to refinance Guoco Tower
GuocoLand plans to improve the tower’s air-conditioning and mechanical ventilation system, amongst others.
Conservation shophouses at Jalan Besar on sale for $30m
The property can be bought without ABSD rate.
AIMS APAC Reit reports nearly 70% valid acceptances under preferential offering
The preferential offering ended on 22 June 2023.
Sabana unitholder ESR Group releases open letter amidst Quarz issue
ESR Group wants to establish some considerations before the unitholder's resolutions.
$1.4b life sciences and innovation cluster unveiled in science park rejuvenation
CapitaLand said the cluster adds 180,600 sqm to back biomedical R&D.
Prime Grade office rents in Raffles Place and Marina Bay up 1.2% QoQ in Q2
The rents averaged $10.96 per square foot per metres.
Bidding war: Developers likely to team up to bag tender for Jurong Lake District site
The tender for the master developer site will close on 26 Mar 2024.
ESR-LOGOS REIT to divest 7 non-core assets worth $337m
Six assets are in Singapore whilst one is in Australia.
Hybrid work and green movement drive Singapore office market
Savills Research asserted that whilst vacancy rates are rising, office rents remain resilient amidst evolving business landscape.
Lendlease, Optus ink multi-year tech deal
The partnership comprises three elements.
Coldplay’s 6-day concert boosts demand for accommodation in Singapore
Data from Agoda showed that searches for accommodation in the Lion City surged 8.7x.
URA launches public tender for Jurong Lake District site
The master developer site is part of the confirmed list of the 1H23 GLS programme.
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