Commercial Property
Frasers Commercial Trust inks lease agreement with Google
Frasers Commercial Trust inks lease agreement with Google
The tech giant will take up around 344,100 sqft at Alexandra Technopark for five years.
Funan's retail arm receives 95% leasing commitment ahead of opening
F&B brands occupy around 25% of the space.
Ascendas India Trust to buy IT special economic zone
The IT/ITES SEZ development has a total net leasable area up to 1.8m sqft.
Frasers Logistics Trust to sell 50% stake in Australian asset for $127.2m
The price tag represents a premium rate of 8.8%.
CBD Grade A supply hit 25.1 million sqft in Q1
There were 8.7 million sqft of supply in Raffles Place/New Downtown.
Three adjoining shophouses in Little India for sale at $11m
The properties, with individual land titles, sit on a combined land area of about 3,870 sqft.
YuuZoo clarifies ownership of closed Singapore office
The firm explained that YuuZoo Corporation is a different legal entity with a different board.
Straits Trading unit expands logistics footprint with Korea and Australia buys
Once fully deployed, Straits Real Estate expects a portfolio value in excess of $700m.
Chart of the Day: Industrial leasing volumes up for 11th straight quarter in Q1
There were 2,417 deals for factory and warehouse space during the quarter.
Fragrance Group to buy back up to $30m of its $100m notes
It will repurchase the notes at the daily prevailing market price quoted for the notes.
Cromwell European REIT to buy six offices for $378.18m
The properties in France and Poland have a combined LGA spanning 110,348 sqm.
Keppel Land secures $170m green loan facility
It will fund the development of Seasons City (Phase 1) in the Sino-Singapore Tianjin Eco-City.
Fortune REIT to delist from SGX-ST
It cited low trading volume as one of the reasons behind the move.
Chart of the Day: Serviced office operators beat landlords in snapping up co-working stakes
They have dominated the space for more than ten years.
Raffles Education unit amends $138.5m deal with China-based developer
The firm has yet to pay $47.38m for its option agreement.
Keppel REIT unit secures $505m green loan facility
It aims to enhance how it finances the firm’s offices.
Chart of the Day: Decentralised offices represented nearly a quarter of office stock in Q4 2018
This represents an increase from 17% in Q4 1998.
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