Commercial Property
Ascendas Reit to buy UK logistics properties for $459m
Ascendas Reit to buy UK logistics properties for $459m
They have a gross internal area of 266,184 sq m and a full occupancy rate.
CBD Grade A office rents up 2.3% in Q3
Co-working operators remain as the most active space seekers in the area.
291 auction listings in Q3 highest since Q1 2011
But listings made by owners dropped 7.9% amidst the Hungry Ghost month.
Serangoon Road commercial building up for sale at $52m
It has a total area of 19,913 sq ft.
Sabana REIT sells Geo-Tele Centre to Ascendas-Singbridge for $99.6m
Ascendas-Singbridge intends to turn the building into a data centre.
OUE buys Jakarta CBD land plots for $150m
Their total area is about 8,000 sq m.
Enhanced Alexandra Technopark could uplift Frasers Commercial Trust
The makeover and the low rental rate of $4 psf pm could lure new tenants.
Chart of the Day: Office vacancy rates in key areas could recover from 2018
Shenton Way and Marina Bay office vacancy rates could go down to 9.4% and 8.5% on average.
Tuas South Link industrial site launched for tender
It has a site area of 5,953.3 sq m.
Sabana REIT ends rent conflict with tenant in 10 Changi South Street
It received $2.15m from the tenant.
Wheelock Properties' privatisation offer extended to 2 October
The offeror also signalled that it was investors’ final chance to accept the offer price of $2.10.
Keppel-KBS US REIT to buy US business campus for $231.43m
The Westpark Portfolio in Seattle has an occupancy rate of 97.7%.
Space supply for business parks could double by 2030
Thanks to the government's push for directives to create new industrial and tech parks.
Here's what kept Singapore from being Asia's best tech hub
The Lion City lagged behind Bangalore in growth potential measures due to its small size.
Chart of the Day: Flexible workspace operators doubled their average lease size to 26,579 sq ft in 2018
They leased just about 11,780 sq ft on average in 2015.
Daily Briefing: Ministerial pay computation unveiled amidst falsehood claims; Better wage awaits lift technicians
And a CBD shophouse is up for sale at $13.8m.
Frasers Property bags $1.2b syndicated green loan
It will be utilised to refinance existing loans for the development of Frasers Tower.
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