Commercial Property
AA REIT's JV clinches another 12-year lease with its master tenant Optus
AA REIT's JV clinches another 12-year lease with its master tenant Optus
It will begin July 2021 after upgrade works on Optus Centre Australia.
UOL group buys nine-storey commercial building for $79.3m
The company plans to fuse it with its own commercial towers.
CDLHT and Ascott Reit to gain from divestments to Liang Court developers: analyst
W Hotel, which CDLHT traded for, has a RevPAR of $318 per night.
Seoul property transactions hit US$15.4b in January-September
It takes the top spot as Asia’s most liquid city in terms of property.
Industrial REITs lead Q3 NPI growth amongst S-REITs
ESR-REIT’s NPI doubled from its merger with Viva.
SPH REIT raises $164.5m in private placement
It will be used to partly fund the acquisition of an Australian shopping centre.
CDL, CapitaLand to redevelop Liang Court
Ascott Reit will rebuild 13,034 sqm out of the Liang property for a partial sale of $163.3m.
CapitaLand sells The Star Vista to Rock Productions for $296m
The mall comprises three levels of retail space with an NLA of 162,500 sqft.
SPH REIT to raise $161.5m via private placement
Net proceeds will be used to fund a shopping centre acquisition in Australia.
Ascendas India Trust raises $150m from oversubscribed private placement
It will be used to fund a business park development in Bangalore.
Ascendas property fund to raise $100m through private placement
This will fund a business park development in Bangalore.
Soilbuild bags $162.5m contract for Tai Sheng Avenue factories
Four blocks of 8- to 9-storey factories will be built.
Sheng Siong to buy Aljunied HDB commercial property for $29.5m
The deal is expected to be completed by fiscal year 2020.
Property investments hit $10.2b as investors target tight office supply
The city recorded its lowest volume of office supply in a decade.
Frasers Property profits fall 25% to $569m in FY2019 over Australia woes
The company’s Singapore and Australian projects reported lower contributions.
Growth of grade A office rents stalls as tenants delay expansion plans
Rents hit the wall after eight consecutive quarters’ growth.
OUE's profits surged to $124.1m in Q3
It received a $90.9m one-off non-cash gain from OUE C-REIT and OUE H-Trust merger.
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