Commercial Property
Far East Hospitality Trust to divest Central Square for $313.2m
Far East Hospitality Trust to divest Central Square for $313.2m
A potential incentive fee of up to $18m may be applied.
FLCT divests leasehold property in Port Melbourne for $41.7m
It represents a premium to the property’s book value of approximately $20.6m.
CityDev acquires Central Square for $315m
The move will be part of the redevelopment of the Central Mall properties.
CICT to acquire two Grade A offices in Australia for S$330.7m
The acquisition is expected to be completed in the first quarter of 2021.
Manulife US REIT prices private placement at $0.89 per unit
About 154.1 million units will be issued under the private placement.
HSBC Institutional Trust Services accomplishes disposal of Plot 1 Assets for $103.6m
This is in connection with the proposed redevelopment of 1 Science Park Drive.
Frasers' Sing He Xiang participates in $337m joint venture
It will also enter a loan agreement worth $210.6m.
OFFICE WATCH: What attracted Amazon to build a den in the Lion City?
The 100,000-sq.-ft.-office was built to spur collaboration, inside and outside the company.
Frasers Property terminates share purchase agreement with Tran Thai Lands Company
It won't push through with the acquisition of the majority of stake in a Vietnam property firm.
Ascendas India Trust acquires Building Q1 at Navi Mumbai
A gross consideration of $64.1m was executed.
AIMS APAC REIT completes acquisition of Woolworths HQ
The property was acquired for $454m.
Bukit Sembawang net profit down 28% to $53.4m H1 FY21/22
This is despite its decrease in operating costs for the same period.
Frasers Property Limited posts $833m attributable profit in FY21
Thanks to its gains from its industrial and logistics properties.
Commercial real estate activity bounces back to pre-pandemic average
Investment activity skyrockets 223% to $1.35b in Q3.
FLCT NPI up 12.3% to $181.27m in H2
The company also posted a 6.3% DPU increase.
Far East Orchard records net loss of $20.8m in September
The ongoing lockdowns continued to weigh down the group's hospitality segment.
Keppel cash component for SPH up 12% to $0.868 per share
This represents a total revised scheme consideration of $2.35.
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