Commercial Property
Fitch sees 'improved' rated SG REITs' EBITDA net leverage in 2023
This is due to a continuous recovery in hospitality trusts’ cash flow.
Fitch sees 'improved' rated SG REITs' EBITDA net leverage in 2023
This is due to a continuous recovery in hospitality trusts’ cash flow.
Why Singapore needs more parks and greenspaces
A study showed that such spaces improve older adults’ social well-being.
Sentosa Cove sales up 59.3% in H2 2022: report
Singapore’s reopening helped in the sales pick up.
SG is 6th priciest city for office space: report
Total office costs are at $193.42 (US$142.73) per square foot per annum.
Savills tapped as consultant project manager for Geylang Serai Cultural Belt
The construction will begin in the second quarter (Q2) of 2023.
Wing Tai Holdings acquires Holland Tower for $76.3m
The property has a site area of 2032.6 sqm.
Alpina Holdings to take over Wan Dormitory for $24m
The company will use the property for its use.
Three adjoining 2-storey conservation shophouses in Geylang Road up for sale
It has an indicative guide price of $23m.
Ho Bee Land unit disposes of 2 industrial properties for $115m
The consideration for the disposal will be satisfied wholly in cash.
ESR-Logos Reit to hold EGM on proposed issuance of new units
Unitholders will consider and pass resolutions regarding the matter.
EC World Reit’s current assets are enough to meet short-term liabilities
The short-term liabilities are worth more than $818m.
Lack of data is property leaders' top issue on reaching ESG goals
Global property professionals reveal the most impactful ESG initiatives.
10 strata office units at The Plaza on sale for $7.44m
The portfolio’s sale will be conducted via expression of interest.
CDL finally acquires Marina Estate St Katharine Docks in London
The acquisition costs $636m (£395m).
EC World REIT partially repays loans after releasing deposits from escrow
They released the deposits on 2 March and 7 March 2023.
ERA integrates OpenAI GPT-3 into its SALES+ app
The integration will allow agents to generate tenancy reminders.
Harmeet Singh Bedi takes over as Prime US REIT CEO
He began his stint as CEO on 8 March.
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