Commercial Property
Billion-dollar office deals buoy property investments in Q2
Billion-dollar office deals buoy property investments in Q2
The biggest deal was AEW’s $1b purchase of Chevron House.
Pinterest opens Singapore office
This is its second office in the region after launching in Tokyo in 2013.
Mapletree Industrial Trust to undertake largest redevelopment project for $263m
It will add a build-to-suit facility to its Kolam Ayer 2 Cluster for a global medical device firm.
CapitaLand secures $300m sustainability-linked loans
It will be used for green projects and general corporate purposes.
Frasers Hospitality Asset Management issues clarification on sale of Australian asset
It said that there is no certainty or assurance whatsoever that any transaction will arise from its discussions.
Daily Briefing: Temasek portfolio value hits all-time high at $313b; Mixed-development Hoa Nam Building put up for en bloc sale at $160m
And digital banking software provider Moneythor joins Mastercard’s Start Path programme.
100 Jalan Sultan site receives hotel use nod from URA
Differential premium estimated at $57.53m.
Frasers Property to merge industrial and logistics units
The platform will represent $5.4b of assets under management.
Sembcorp to install and operate solar farms atop six CapitaLand properties
It is expected to produce over 10,200MW-hours of power annually.
Chart of the Day: Industrial occupancy rates up 0.3ppt in Q1
This lifted industrial REITs' results in Q1.
Check out ISG's new space at Haw Par Centre
The 4,400-sqft office features meeting rooms named after Singapore’s historic landmarks and locations.
Prime ground-floor unit at Bukit Timah Shopping Centre for sale at $5.8m
The 2,142-sqft property has obtained the approval for bar and pub use.
Chart of the Day: Warehouse vacancy rate hit 10.8% in Q1
Average gross rents remained unchanged YoY at $13.5 (US$9.9) psm per month.
CapitaLand could bank on Liang Court's potential yield of up to 4.7%: analyst
Reviving the property into a mixed-used development could command a GDV of $3.0b.
Tai Seng industrial property for sale
The property is a purpose-built, six-storey, single-user detached building with a GFA of 6,504.3 sqm.
Eagle Hospitality REIT enters $462.32m interest rate swap
Its overall cost of borrowing will be lowered to 3.41% per annum representing $1.84m in annual savings.
Flexible working operators to snap up 550,000 sqft of office space by end-2019
There are 141 such players located across Singapore.
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