Commercial Property
STB remains confident in the tourism potential of Jurong Lake District site: Low
STB remains confident in the tourism potential of Jurong Lake District site: Low
The site failed to receive submissions during its launch in 2022.
STB looks to harness potential of the Jurong Lake site
There were no submissions for the site.
CDL buys South Korea’s Nine Tree Premier Hotel Myeongdong II
The freehold 17-storey property was acquired for $143.9m.
Two-storey retail podium at The Linq for sale for $136m
The expression of interest ends on 16 August at 3 pm.
Quiet investment activities may occur for the rest of the year
Knight Frank advised that freehold properties are a popular investment.
Core CBD Premium, Grade A rents rise 0.6% QoQ to $11.53 per sq ft
Tight vacancies and flight-to-quality moves drove the increase.
UOL Group enters deal to sell Parkroyal Kitchener Hotel
The hotel costs $525m.
3-storey conservation shophouse in Chinatown for sale for $10m
The expression of interest will close on 2 August at 3 pm.
CBD Grade A vacancy rates to hit 5.6% in 2023
Cushman & Wakefield said net supply will outpace net demand this year.
Suburban prime retail market seen to rise by 1.5%-3.5%
This is due to hybrid work and consumers’ patronage of essential services.
CBD Grade A office rents seen to grow 2% to 3%
It is underpinned by a sustained flight to quality to limited new supply.
How CapitaLand Investment retains stakeholders’ trust
CLI’s chief sustainability officer speaks on strengthening its ESG pillars focused on three key themes to meet the company’s net-zero goals whilst...
ARA H-Trust sells hotel in Oklahoma for US$8m
The REIT sold the property to Bhanumati LLC.
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.
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