Commercial Property
Bob Tan to retire as board chairman of CapitaLand Ascott Trust
Lui Chong Chee will succeed Tan on 22 April 2024.
Bob Tan to retire as board chairman of CapitaLand Ascott Trust
Lui Chong Chee will succeed Tan on 22 April 2024.
KORE to post a 34.3% distribution yield following the end of its 2-year distribution halt
KORE’s aggregate leverage as of December 2023 is 43.2%.
Frasers Property Treasury to redeem $600m perpetual securities
The redemption is scheduled for 11 April.
What Singapore’s property developers can learn from Japan’s Azabudai Hills
The US$4b development seeks to become an international hub for foreigners and VCs.
Singapore, Southeast Asia draw in investors, global occupiers
The Lion City enjoys strong office leasing activity.
3-storey shophouse at 35 Kreta Ayer Road up for sale
The property has a guide price of $21.5m.
Digital Core REIT boosts stake in Frankfurt data centre to 49.9%
It acquired the additional stake for €117.0m ($170.6m).
Cuscaden Peak divests The Seletar Mall for $550m
Cushman & Wakefield and JLL brokered the sale of the mall.
Hwa Hong Corporation Limited sells Oneten Paya Lebar to BDx
The site has a gross floor area of approximately 155,503 sq ft over eight floors.
6-storey industrial campus in Tampines for sale for $400m
The property is for sale via private treaty.
6 commercial units within Peninsula Plaza are up for sale via EOI
The units have a guide price of $8.6m-$9.0m.
Will lower LBC rates in the CCR boost en bloc sales?
Sector 43 recorded the largest LBC drop for non-landed homes at 19.2%.
CapitaLand India Trust completes acquisition of BlueRidge 3 Phase 1 in Pune for ₹7.73b
CLINT now has three business parks in Pune.
SLA revises land betterment charge rates
The agency made adjustments for five use groups.
OUE’s net profit drops 57.3% to $81.1m in FY23
Despite the decline, the company declared a special dividend of $0.02.
2-storey conservation bungalow in District 15 hits market
The guide price for the property is $54.5m.
Centurion’s net profit after tax soars to $175.9m
The FY23 net profit is 131% higher than the FY22 record.
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