Commercial Property
Proptech firm LOL Interactive launches online mortgage platform
Proptech firm LOL Interactive launches online mortgage platform
The firm plans to use the Singapore launch as a stepping stone to Southeast Asian markets.
MNACT issues maiden $250m perps at 3.50% interest rate
Mapletree North Asia Commercial Trust has priced $250m of perpetual securities at 3.50%.
CapitaLand fully acquires DLSP-Ascendas for $103m
DLSP-Ascendas holds Dalian Ascendas IT Park in China.
Lendlease issues $200m perpetual securities at 4.2% rate
Lendlease Global Commercial REIT had initially planned to issue $150m perps but was faced with strong demand.
Six startups take centre stage at CapitaLand Sustainability x Challenge finale
Six finalists were chosen, but only two will be able to pilot their greentech innovation at selected CapitaLand properties worldwide.
Banking on e-commerce growth, FLCT to acquire six new EU properties
The firm will acquire six new properties in Germany, the Netherlands and the UK.
Keppel Land to issue $280m worth of notes with 2.0% yearly fixed rate
The issuance is a part of Keppel Land’s US$3b multicurrency medium term note programme.
Mapletree Industrial Trust plans acquisition of 29 US data centres for $1.7b
This could make MIT one of the largest owners of data centres among Asia Pacific REITs.
CapitaLand pledges $3.2m for COVID relief efforts in India
The company has committed approximately $9m for COVID relief in Singapore, China, and India.
Flexibility and technology to drive a doubling in leasing activity: Colliers
These are necessary to understand the changes needed in the workplace.
Waterway Point owner obtains $589m green loan
This raises the green loans portion of Fraser Centrepoint Trust’s portfolio to 18%.
PropNex launches expansion to Cambodia
The expansion will boost the firm's salesforce to 12,000.
Prime US Reit net property incomes slips 2% in Q1
More than 90% of its portfolio was occupied during the pandemic.
ARA boosts stake in Kenedix to 30%
The target company is considered Japan’s largest independent real estate asset management group.
Cromwell European REIT net property down by just 0.4%
The real estate investment trust attributed its stable income to its expansion into four European countries.
Frasers Property net income up 18% despite hard-hit hospitality sector
Frasers Property reported a net income of $275.8m for the first half of 2021.
IFCA MSC Berhad wins Mobile - Hospitality & Leisure trophy in Malaysia Technology Excellence Awards
Its touchless mobile internet hotel management solution HotelX leads in digitising hotel businesses in the hospitality industry.
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