Commercial Property
WeWork IPO crisis could hit Singapore's co-working operators
WeWork IPO crisis could hit Singapore's co-working operators
CapitaLand Commercial Trust has the highest exposure to co-working risk.
Daily Briefing: Siglap Shopping Centre stalls for sale at $8.8m; Software provider Desker to launch business accounting app
And insurtech start-up Axinan eyes Thailand and Vietnam expansion.
Daily Briefing: WeWork's woes may spell trouble for office REITs; Over 900,000 HDB households to receive GST Voucher rebate
And two shop units have been put up for sale via EOI at $8.8m.
Sembcorp sells commercial construction business for $49.9m
It will transfer its stake in its defence construction business to another subsidiary.
CapitaLand to double India investments from $3.3b to $7b by 2024
The company plans to increase commercial space from 17.4 million sqft to 40 million sqft.
MBCII buy to boost Mapletree Commercial Trust's DPU by up to 6%: analyst
Decentralisation efforts will lend support to MCT’s business park operations.
Chinese property developers can withstand currency depreciation despite sales dip
The companies’ strong revenue will stand as buffers to renminbi depreciation.
Why Vietnam is key to Sembcorp's growth
Vietnam and China contributed 90% of the $86m urban development net profit in FY18.
Keppel REIT divests Bugis Junction Towers for $547.5m
This is $388m higher than its purchase price.
CapitaLand Mall Trust bags $200m maiden green loan
Proceeds will be used to finance its BCA Green Mark certified properties.
Duxton Hill shophouses up for sale at $11m
The property has a combined land area of 2,161 square feet.
Boustead may launch REIT in 2020: analyst
BP's June portfolio occupancy is slightly higher than the average industrial REIT.
Signature by Regus expands to Singapore
The space has 134 offices, 64 desks, and open coworking areas.
Daily Briefing: Tech roles account for a third of bank vacancies; Republic Plaza relaunched after $96.7m AEI
Keppel Land China buys $95.3m industrial property in Shanghai.
MCT to acquire Mapletree Business City Phase II for $1.55b
It will increase MCT’s DPU by 4%.
Daily Briefing: 333 North Bridge Road for sale at $80m; Braddell View en bloc closes with no bidders
And Estonian company Funderbeam obtains two financial services licenses from Singapore.
Daily Briefing: Digital talent firm Gushcloud secures $15.14m funding; Three-storey CBD shophouse for sale at $15m
And COVE raises $2.75m seed funds.
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