Commercial Property
CPG shares new ideas for Singapore's post-COVID-19 workplace
CPG shares new ideas for Singapore's post-COVID-19 workplace
More diverse range of work options, such as repurposed workplaces and better-equipped home offices, could be part of the new normal.
GuocoLand sees core and flex leases as new normal
With a younger tenant mix, demand for more efficient spaces and flexible lease terms is now higher than before.
Gold Ridge bags $900m green loan from DBS, OCBC and UOB
This is the company’s first foray into sustainable financing.
Elite Commercial REIT completes maiden portfolio acquisition
Over 131.4 units were issued at £0.68 per new unit.
Investors bullish towards APAC hotels market amidst COVID-19 impact
Nearly 70% are interested in flowing capital into the sector this year.
Asset enhancements continue to make UOL attractive to investors: analysts
Additional projects may offset 2020’s plunge in net profit.
CapitaLand announces completion of Ascendas Innovation Hub transaction
AIH Co ceased to be an associate company of CapitaLand after the completion.
Elite Commercial REIT to finish maiden portfolio acquisition
It plans to issue 131.4 million units at $1.27 per unit.
UHREIT distributable income hits US$15m
This is 2% higher than the IPO forecast.
JTC unveils Woodlands Industrial Park site for development
Developers may apply for the Woodlands Industrial Park E7/E8 area.
Singapore tops Asian outbound real estate investment for third consecutive year
This accounts for S$16.05 b (US$12.1b) worth of deals in 2020.
CapitaLand records $1.57b net loss in FY2020
This is due to revaluation losses and impairments.
Roxy Pacific revenue crashes by 55% for FY 2020
The loss is attributed to impairments of hotel assets and properties.
Accor to open first Mondrian hotel in 2023
It will comprise 300 guestrooms and suites.
PRIME US REIT posts 3.42 US cents DPU in 2H 2020
Its DPU in FY2020 exceeds IPO forecasts by 3.6% to US6.94 cents.
Singapore office rental slips by 9.5% in 2020
Rental market forecasted to still be on the decline this year.
Chinese tech firms to alleviate consolidation of office spaces
Companies are still evaluating their long-term real estate space requirements.
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