Commercial Property

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.

Keppel DC Reit has new CEO whilst former CEO moves to FLCT

Loh Hwee Long will take the helm on 28 July 2023.

CLI reveals refreshed 2030 sustainability master plan

The plan includes SG’s 2050 net zero carbon emissions commitment.