Commercial Property

CapitaLand Investment subsidiary placed under members’ voluntary liquidation

Citadines Melbourne On Bourke has ceased business operations.

CapitaLand India Trust issuing 141 million new units to raise S$150.1m

Issue price is at S$1.06 per unit, with opening date set on 30 June.

OUE C-REIT subsidiary clinches S$430m green loan for refinancing

The proportion of green loans to the REIT’s total borrowings increased to 69.6%.

Is Singapore on the path to recapture its status as a regional retail hub?

Data from Savills showed that Orchard Road rents may grow 2%-3% in 2023.

SG’s office market hit by increasing vacancy pressure

A CBRE report showed that vacancy may hit around 10% by the end of 2023.

Hongkong Land unveils 10 planned retail developments in China

Its Shanghai West Bund Financial Hub will have a total development area of 1.1 million sqm.

Flex spaces to increase foothold in Singapore’s office market

As of Q123, flex spaces already consist of about 10% of the total office stock in the Lion City.

Shophouse at 22 Temple Street up for sale

The property has a floor area of 3,423 square feet.

MUST’s fifth-largest tenant terminates lease at 500 Plaza Drive in New Jersey

The tenant has already paid MUST a termination fee of US$4m.

Prime ground floor retail units at Peninsula Plaza for sale: CBRE

The expression of interest for the three retail units will close on 11 July at 3 pm.

Three adjacent strata office units at SBF Center for sale

The prices of the units range from $2.25m to $2.44m.